# Shorter Finance

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: https://shorter.finance
- Total disclosed funding: $4M
- Latest round: Angel (Apr 11, 2022)
- Investors on record: 5

## About

Based in New York, and founded in 2019, Shorter Finance, also known as IPI Labs Ltd., operates as a blockchain company. In April 2022, Shorter Finance raised USD 4 million in angel funding led by IDG Capital, Circle Ventures, Halls Investments, and NF Ventures.

Shorter Finance offers a DeFi infrastructure that enables users to short any token and earn interest from lending any token in the DeFi (decentralized finance) sector. The company's trading platform provides blockchain-based opportunities for single-sided token farming and customizable derivatives trading.

The company plans to use the funds raised in April 2022 for product development and market penetration, continuous innovation of the team, and to feature the product with more advanced and proactive functionalities.

## Funding rounds

- Angel, Apr 11, 2022, $4M — IDG Capital, NF Ventures, Halls Investments, Circle Ventures, Hedgue LLP

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Angel
- NF Ventures (https://capitalatlas.ai/funds/nf-ventures) — Angel
- Halls Investments (https://capitalatlas.ai/funds/halls-investments) — Angel
- Circle Ventures — Angel
- Hedgue LLP — Angel