What is Composable Finance?
Founded in 2021, Composable Finance is a decentralized finance (DeFi) asset technology company and platform provider. The company is focused on building innovative solutions within the rapidly evolving DeFi ecosystem, aiming to enhance asset management and interoperability. Its strategic positioning within the DeFi space suggests a focus on creating robust infrastructure and user-centric applications that can drive broader adoption of decentralized financial services.
How much funding has Composable Finance raised?
Composable Finance has raised a total of $39M across 2 funding rounds:
Other Financing Round
$7M
Series A
$32M
Other Financing Round (2021): $7M with participation from Divergent Ventures, LedgerPrime, New Form Capital, Blockchain Capital, Rarestone Capital, Cluster, CMS Holding, Pluto Digital Assets, Alameda Research, Advanced Blockchain, 4SV, Hypersphere Ventures, The DFG, Maven 11 Capital, LongHash Ventures, The Spartan Group, PNYX Ventures, and SOSV
Series A (2022): $32M led by NGC Ventures, Jump Capital, Spartan Group, SOSV, Coinbase, New Form Capital, Blockchain Capital, GSR Markets, Yunt Capital, Fundamental Labs, Polytope Capital, Tendermint, and Figment
Key Investors in Composable Finance
Divergent Ventures
Divergent Ventures is an early-stage investor specializing in cloud computing, big data, and cloud application sectors, providing capital and strategic advice to technical entrepreneurs.
LedgerPrime
LedgerPrime is a quantitative hedge fund based in New York, employing a market-neutral, systematic approach to digital asset markets for steady capital growth and risk-adjusted returns.
New Form Capital
New Form Capital is a venture capital firm actively investing at the intersection of fintech and blockchain since 2019, supporting teams building the next generation of financial markets.
What's next for Composable Finance?
The substantial enterprise-level funding and recent strategic investment indicate Composable Finance is poised for significant expansion. This capital infusion will likely fuel further development of its technology, expansion into new markets, and strategic partnerships. The company's focus on DeFi suggests continued innovation in areas such as cross-chain compatibility, yield generation, and asset securitization, positioning it to capitalize on the growing demand for sophisticated decentralized financial tools.
See full Composable Finance company page
