Parallel Finance
Offers margin staking, auction loans, staking derivatives, and an AMM curve that enables significantly higher capital efficiency for DOT and KSM holders.
Launch date
Employees
Market cap
-
Enterprise valuation
$500m (Public information from Apr 2022)
San Francisco California (HQ)
Financials
Estimates*
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 14.5m | 14.5m |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$2.0m | Seed | ||
$22.0m Valuation: $150m | Series A | ||
N/A Valuation: $250m | Early VC | ||
* | $5.0m Valuation: $500m | Early VC | |
| Total Funding | $29.0m | ||
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