# Rio Development Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rio-development-company

- Industry: Software
- Headquarters: North Las Vegas, US
- Website: www.rio.network
- Latest round: Seed (Dec 18, 2023)
- Investors on record: 3

## About

Based in Nevada, US, and founded in 2023, Rio Development Company, Inc. operates as a software company providing analytics-based software that allows users to manage risk for ETH total return without sacrificing liquidity. In December 2023, Rio Development Company, Inc. raised a seed funding co-led by Polychain Capital, Blockchain Capital, and Breyer Capital. 

Rio Development Company, Inc. provides risk-managed access to restaking yields for reducing the cost of capital for Actively Validated Services (AVS). The company offers reETH (Restaked Ether), which is a liquid restaking token (LRT) provides risk-managed access to ETH total return without sacrificing liquidity. In addition, the firm provides network operator set including Chorus One, Figment, HashKey Cloud, Kiln, and Unit 410.

## Funding rounds

- Seed, Dec 18, 2023 — Breyer Capital, Blockchain Capital, Polychain Capital

## Investors

- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Seed
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Seed
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed