Kava Labs

company

About

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

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

Employee Profiles

Number of Employee Profiles
6
Kava Labs has 6 current employee profiles, including Executive Brian Henning Kerr
Executive
Executive
Executive
Executive
Executive

Acquisition

Kava Labs has acquired 1 organizations. Their most recent acquisition was Crank Studio on Mar 19, 2021. They acquired Crank Studio for 0.

Date Company Name
Industry Acquisition Type Price
Mar 19, 2021 Crank Studio
Advertising acquisition Detail