# Geode Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geode-finance

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.geode.fi
- Total disclosed funding: $3M
- Latest round: Seed (Jun 7, 2022)
- Investors on record: 5

## About

Based in London, UK, and founded in 2022, Geode Finance offers businesses the necessary blockchain infrastructure to establish their own staking solutions on Proof of Stake (PoS) networks. The company was co-founded by Simon Furlong. In June 2022, Geode Finance raised USD 3 million in seed funding led by investor Multicoin Capital, with participation from other new investors GSR, C2 Ventures, Yield Yak, and Eden Network. 

The company specializes in staking pools and derivatives products for DAOs. They offer control over delegation mechanics in proof-of-stake networks. DAOs can create their own yield-bearing tokens, improve treasury yields, and access composable liquidity. The company's solutions enable DAOs to establish staking pools, optimize strategies, and generate additional value through yield-bearing tokens.

## Funding rounds

- Seed, Jun 7, 2022, $3M — C2 Ventures, Multicoin Capital, GSR, Eden Network, Yield Yak

## Investors

- C2 Ventures (https://capitalatlas.ai/funds/c2-ventures) — Seed
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- GSR — Seed
- Eden Network — Seed
- Yield Yak — Seed