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Porter Finance

Porter Finance

Porter enables creditworthy DAOs to obtain fixed-rate financing using their project tokens as collateral

OverviewStructured DataIssuesContributors

Contents

porter.finance
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Peer-to-peer lending
Peer-to-peer lending
Decentralized autonomous organization (DAO)
Decentralized autonomous organization (DAO)
Blockchain
Blockchain
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Cryptocurrency
Cryptocurrency
Decentralized Finance
Decentralized Finance
Location
San Francisco
San Francisco
United States
United States
Founder
‌
Jordan Meyer
Number of Employees (Ranges)
1 – 10
Investors
ParaFi Capital
ParaFi Capital
Dragonfly Capital
Dragonfly Capital
Josh Buckley
Josh Buckley
Robert Leshner
Robert Leshner
Sam Kazemian
Sam Kazemian
0
Nascent
Nascent
Founded Date
2015
0
Total Funding Amount (USD)
5,000,000
Latest Funding Type
Seed
Seed

Other attributes

Blog
blog.porter.finance
Company Operating Status
Active
Funding Round Date
April 7, 2022
Funding Round Amount (USD)
5,000,000
Funding Type
Seed
Seed
Public/Private
Private0
Overview

Porter allows DAOs and other on-chain entities to borrow stabelcoins using their tokens as collateral with fixed rates and no liquidations.

For lenders, Porter offers augmented fixed yields and token price upside through lending and option strategies.

Mission

There mission is to enable DAOs to grow and thrive by giving them access to credit.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

ShapeShift Becomes the First Porter Finance Launch Partner

Jordan Meyer

https://blog.porter.finance/shapeshift-becomes-the-first-porter-finance-launch-partner-cb625e3e3382

Web

May 12, 2022

References

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