# Stride Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stride-labs

- Industry: Software
- Headquarters: New York, US
- Website: www.stride.zone
- Total disclosed funding: $6.7M
- Latest round: Seed (Aug 4, 2022)
- Investors on record: 7

## About

Based in New York, US, and founded in 2022, Stride Labs offers a multichain liquid staking platform that provides liquidity for staked assets towards the Cosmos blockchain ecosystem. In August 2022, Stride Labs raised USD 6.7 million in seed funding co-led by new investors Distributed Global Ventures, North Island Ventures and Pantera Capital, with participation from other new investors 1confirmation, Cerulean Ventures and Cosmostation.

The company's product is a liquidation stake platform, known as Stride, for tokens. The platform enables users to stake tokens on Stride from any Cosmos chain and then minted to an stToken (the token on Stride), which can be redeemed with Stride at any time to receive your original tokens. Lastly, the minted token can be compounded yield, and earn additional yield by lending and LPing.

## Funding rounds

- Seed, Aug 4, 2022, $6.7M — Pantera Capital, 1Confirmation, Distributed Global Ventures, North Island Ventures, Cosmostation, Cerulean Ventures, Node Capital

## Investors

- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed
- 1Confirmation (https://capitalatlas.ai/funds/1confirmation) — Seed
- Distributed Global Ventures (https://capitalatlas.ai/funds/distributed-global-ventures) — Seed
- North Island Ventures (https://capitalatlas.ai/funds/north-island-ventures) — Seed
- Cosmostation — Seed
- Cerulean Ventures (https://capitalatlas.ai/funds/cerulean-ventures) — Seed
- Node Capital (https://capitalatlas.ai/funds/node-capital) — Seed