# Uniswap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/uniswap

- Industry: Software
- Headquarters: New York, US
- Website: www.uniswap.org
- Total disclosed funding: $176M
- Latest round: Series B (Oct 13, 2022)
- Investors on record: 9

## About

Uniswap is a decentralized finance platform that enables cryptocurrency trading through automated liquidity provision and smart contract technology, allowing users to exchange digital assets directly without intermediaries.Uniswap, founded in 2018 by Hayden Adams, is headquartered in New York, US. The company operates as a decentralized exchange that facilitates the trading of cryptocurrencies through an automated liquidity provision mechanism. It has successfully raised USD 165.00 mn in its Series B funding round in October 2022, with lead investment from Polychain Capital, alongside other prominent investors including Andreessen Horowitz, Paradigm, SV Angel, and Variant. The total amount raised by Uniswap stands at USD 165.00 mn with a current valuation of USD 1,468.07 mn.Uniswap operates as a decentralized finance (DeFi) platform that facilitates cryptocurrency trading through automated liquidity provision and smart contract technology. Its core product is the Uniswap Exchange, which allows users to swap various cryptocurrencies without relying on centralized intermediaries. Launched in November 2018, the platform enables users to provide liquidity by depositing their digital assets into liquidity pools, earning transaction fees in return. This addresses the need for efficient and secure trading of cryptocurrencies, appealing to both retail and institutional investors.Uniswap generates revenue primarily through transaction fees collected on trades executed within its platform. Each time a user swaps tokens, a small percentage of the transaction amount is taken as a fee, which is then distributed to liquidity providers, incentivizing them to maintain liquidity on the exchange. The decentralized model allows users to interact directly with the platform, ensuring no intermediaries are involved. Clients can execute trades and provide liquidity without any need for subscriptions or membership fees. This revenue model capitalizes on high trading volumes typical within the cryptocurrency market, aligning the interests of liquidity providers with overall trading activity.In October 2022, Uniswap secured USD 165.00 mn in Series B funding led by Polychain Capital, with participation from notable investors including Andreessen Horowitz and Paradigm. The company plans to utilize these funds to support the development of its geographic and operational expansion. Specific details regarding new products or targeted markets for expansion were not provided, but the funding is aimed at strengthening its presence in existing markets and enhancing the overall platform.

## Funding rounds

- Series B, Oct 13, 2022, $165M — Andreessen Horowitz, SV Angel, Polychain Capital, Variant, Paradigm
- Series A, Aug 6, 2020, $11M — Union Square Ventures, Andreessen Horowitz, SV Angel, Version One Ventures, A Capital Partners, Variant, Paradigm, ParaFi Capital
- Seed, Apr 17, 2020 — Paradigm

## Investors

- Paradigm (https://capitalatlas.ai/funds/paradigm) — Seed, Series A, Series B
- Union Square Ventures (https://capitalatlas.ai/funds/union-square-ventures) — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series B
- Version One Ventures (https://capitalatlas.ai/funds/version-one-ventures) — Series A
- A Capital Partners (https://capitalatlas.ai/funds/a-capital-partners) — Series A
- Variant (https://capitalatlas.ai/funds/variant) — Series A, Series B
- ParaFi Capital (https://capitalatlas.ai/funds/parafi-capital) — Series A
- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Series B