Stellar Development Foundation

company

About

Stellar Development Foundation supports the development and growth of Stellar, a blockchain network that connects financial infrastructure.

Details

Last Funding Type
Seed
Last Funding Money Raised
$3M
Industries
Blockchain,Cryptocurrency,FinTech,Non Profit,Payments
Founded date
Jul 30, 2014
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Stellar Development Foundation
Also Known As
Stellar.org,SDF,Stellar Development Foundation
Investor Type
CVC,Venture Capital,Venture Debt

Stellar Development Foundation is a decentralized, fast, scalable, and uniquely sustainable network for financial products and services. It is both a cross-currency transaction system and a platform for digital asset issuance, designed to connect the world’s financial infrastructure. Dozens of financial institutions worldwide issue assets and settle payments on the Stellar network, which has grown to over 4 million accounts.

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of Stellar. Founded in 2014, the Foundation maintains Stellar’s codebase, supports the technical and business communities building on the network, and serves as a voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world’s economic potential through blockchain technology.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3M
Stellar Development Foundation has raised a total of $3M in funding over 2 rounds. Their latest funding was raised on Aug 1, 2014 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 1, 2014 Seed $3M 1 Detail

Investments

Number of Investments
Number of Lead Investments
12
6
Stellar Development Foundation has made 12 investments. Their most recent investment was on Aug 2, 2022, when Skrmiish raised $2.50M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 2, 2022 Skrmiish
Seed $2.50M Blockchain
Apr 25, 2022 Stablecorp
Seed $1.50M Blockchain
Feb 16, 2022 Trace Finance
Seed $4.30M Banking
Jan 6, 2022 Tribal
Debt Financing $40M Credit Cards
Oct 14, 2021 Tala
Series E $14M Analytics Yes

Investors

Number of Lead Investors
Number of Investors
1
Stellar Development Foundation is funded by 1 investors. Stripe are the most recent investors.
Investor Name Lead Investor Funding Round
Stripe Seed

Employee Profiles

Number of Employee Profiles
23
Stellar Development Foundation has 23 current employee profiles, including Employee Boris Reznikov
Employee
Employee
Executive
Employee