Exponential Raises $14 Million Seed Round

Published on: 04.10.2022

Exponential, an investment platform that makes it easy to discover, assess, and invest in DeFi yield opportunities, raises $14 million round led by Paradigm to build the investment platform that unlocks Decentralized Finance for all.

Exponential raises $14 million seed round led by Paradigm. With participation from Haun Ventures, FTX Ventures, Solana Ventures, Polygon, Circle Ventures, Robot Ventures, A* Capital, Global Founders Capital, Launchpad Capital, Norwest Venture Partners, and 80+ angel investors including Henrique Dubugras (Brex), Zach Perret (Plaid/Mischief), Adam Nash (Wealthfront), Othman Laraki (Color), Anthony Pompliano, Gokul Rajaram, Elad Gil and Balaji Srinivasan (former Coinbase CTO).

Exponential has a vision of unlocking financial freedom for everyone by bridging the gap between web2 and web3, and the minds to build it. They have assembled an all-star team of former Uber and Amazon employees with diverse expertise across engineering, crypto, fintech, and consumer products.

Take the mystery out of DeFi with Exponential

The future of finance belongs to people, not institutions. Decentralized Finance (DeFi) enables anyone to become a lender or market maker, and access high-yield opportunities previously reserved for banks. When individuals have the power to grow their wealth exponentially, financial freedom is within reach for everyone.

There’s only one issue. Investing in DeFi is a labyrinthine hellscape in which even the most ardent crypto enthusiast might become lost. Finding credible projects, making deals, transferring cash across chains, tracking performance, and filing taxes are enough to put most investors off. Furthermore, before hazards are addressed, initiatives gain popularity. Over the last four years, investors have lost over $60 billion in money due to vulnerabilities, and we have discovered over $3 billion of assets still engaged in high risk projects today.

This does not have to be the case. DeFi will become more reachable with the proper goods, opening the door to a new wave of investors. That is why they created Exponential, an investing platform that allows users to locate, evaluate, and invest in DeFi yield prospects.

Investors may use Exponential to:

Take immediate action to strengthen their portfolio

Exponential has designed an institutional-grade risk assessment system for DeFi to assist its users in making the best decisions. Rate My Wallet examines the risk of users’ existing investments in real time. It’s powered by our DeFi graph which allows our team of experts to evaluate thousands of risk vectors and assess each liquidity pool by mapping it to the risk of every protocol, asset, or chain it relies upon.

“I was stunned to discover I had 7-figures invested in a risky pool after using Exponential’s Rate My Wallet feature. Exponential helped me identify another pool I didn’t know existed with higher APY and lower risk.” – Exponential beta user

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Discover new DeFi yield opportunities

Exponential helps investors find the right yield opportunities for them across DeFi, and compare them across major chains and protocols. Investors can easily search for new liquidity pools. Using filters like risk rating, annual percentage yield (APY), and total value locked (TVL).

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Easily invest in DeFi

Exponential users will soon be able to invest in DeFi liquidity pools across major chains directly on our custodial platform. No more interaction with obscure protocols. No risky bridging across chains. And n opaque DeFi high-yield accounts. Exponential users will have DeFi instruments at their fingertips.

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