# USD.AI Foundation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/usd-ai-foundation

- Industry: Financial Services
- Headquarters: George Town, Cayman Islands
- Website: www.usd.ai/
- Total disclosed funding: $13M
- Latest round: Series A (Aug 20, 2025)
- Investors on record: 8

## About

Based in the United States, USD.AI Foundation is a decentralized financial platform Co-founded in 2021 by David Choi(CEO) and Conor Moore. The company provides financial infrastructure and liquidity solutions for artificial intelligence companies. Its offerings include Queue Extractable Value (QEV), a liquidity mechanism used to manage redemptions within the USD.AI protocol, FiLo Curator, which supports the onboarding of infrastructure loans, and CALIBER (Collateralized Asset Ledger), a system for tokenizing physical hardware collateral into on-chain assets. The platform serves artificial intelligence companies across North America, Europe, and other markets. USD.AI Foundation generates revenue through its decentralized financial infrastructure and liquidity solutions for artificial intelligence companies. In September 2026, USD.AI Foundation raised USD 40 million in venture debt funding.

## Funding rounds

- Series A, Aug 20, 2025, $13M — CMT Digital, Framework Ventures, Big Brain Holdings, Flowdesk, Dragonfly Capital, hermeneutic Investments, Arbitrum Foundation, FWL Capital

## Investors

- CMT Digital (https://capitalatlas.ai/funds/cmt-digital) — Series A
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Series A
- Big Brain Holdings (https://capitalatlas.ai/funds/big-brain-holdings) — Series A
- Flowdesk — Series A
- Dragonfly Capital — Series A
- hermeneutic Investments — Series A
- Arbitrum Foundation — Series A
- FWL Capital — Series A