# Gyroscope

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gyroscope-2

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.gyro.finance
- Total disclosed funding: $4.5M
- Latest round: Seed (Mar 9, 2023)
- Investors on record: 5

## About

Based in London, UK, and founded in 2020, Gyroscope provides a stablecoin design that remains stable as the surrounding environment changes. The firm was founded by FTL Labs, which includes Ariah Klages-Mundt, Lewis Gudgeon, and Daniel Perez. In March 2023, the firm raised USD 4.5 million in Seed funding co-led by investors Galaxy and Placeholder Capital, with participation from other investors Archetype, Maven 11 Capital, and Robot Ventures.

The company offers decentralized stablecoin which includes a novel all-weather stablecoin design Gyro Dollar. The firm service offerings include reinventing stablecoin architecture and risk controlling, as well as each unit is backed with assets. Additionally, the firm has designed Gyroscope in such a way that it monitors the system’s health and auto-adjusts liquidity.

The company plan to use the March 2023 funding to accelerate growth, and expand operations and its business reach.

## Funding rounds

- Seed, Mar 9, 2023, $4.5M — Placeholder, Galaxy Asset Management, Robot Ventures, Maven11 Capital, Archetype

## Investors

- Placeholder (https://capitalatlas.ai/funds/placeholder) — Seed
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Seed
- Archetype — Seed