Kava Labs

About

Kava Labs is a developer of Kava, is the most trusted DeFi platform by financial institutions

San Francisco,California,United States
11 - 50
https://kava.io/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1.20M
Industries: Blockchain,Cryptocurrency,Financial Services,FinTech,Information Technology
Founded date: Jun 1, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Kava Labs Inc.

As the world rapidly increases in the adoption of digital assets like Bitcoin, Kava provides complimentary financial infrastructure to make full use of this new asset class.

Kava.io is a decentralized platform that offers a wide portfolio of financial services specifically designed for cryptocurrencies. Whereas credit, loans, and interest bearing products are the norm at any bank today, these products and financial services have not been made available for crypto assets. Kava’s platform fills this gap providing products like money markets for digital assets, access to loans, stablecoins, and offers a range of other high yielding accounts that enable users to put their assets to work and generate yields. Kava does all this as a decentralized platform that disintermediates middlemen and their fees through autonomous software that is run in the cloud where anyone anywhere in the world can access it.

Kava Labs was founded in 2017 and based in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$1.20M

Kava Labs has raised a total of $1.20M in funding over 2 rounds. Their latest funding was raised on Jul 29, 2019 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 29, 2019	Series Unknown	—	1	—	—	Detail
Jul 29, 2019	Series Unknown	—	1	—	—	Detail
Jun 26, 2019	Initial Coin Offering	—	1	—	—	Detail
Feb 28, 2019	Seed	$1.20M	10	Lemniscap Digital Asset Capital Management	—	Detail
Dec 1, 2018	Seed	—	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

13

Kava Labs is funded by 13 investors. Lemniscap and Digital Asset Capital Management are the most recent investors.

Investor Name	Lead Investor	Funding Round
Lemniscap	Yes	Seed
Digital Asset Capital Management	Yes	Seed
Hashkey	—	Series Unknown
yield ventures	—	Series Unknown
TRGC	—	Initial Coin Offering
Robot Ventures	—	Seed
2020 Ventures	—	Seed
Arrington XRP Capital	—	Seed
Coil	—	Seed
Hard Yaka	—	Seed