About Davos
Davos is a company based in Hyderabad (India) founded in 2022 by Julian Hayward, Filipe Goncalves, and Varun Satyam.. Davos has raised $500 thousand across 1 funding round from investors including Polygon and Sandeep Nailwal. Davos offers products and services including DUSD, Davos Bridge, and DUSD Savings Rate. Davos operates in a competitive market with competitors including Ledn, MetaStreet, Morpho, Credora and MoHash, among others.
- Headquarter Hyderabad, India
- Founders Julian Hayward, Filipe Goncalves, Varun Satyam
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Devos Law Partners Llp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
Jan 18, 2023
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Investors
Polygon
& 1 more
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Employee Count
Employee Count
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Products & Services of Davos
Davos offers a comprehensive portfolio of products and services, including DUSD, Davos Bridge, and DUSD Savings Rate. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Stablecoin for DeFi liquidity backed by yield assets.
Enables DUSD transfers across blockchains for liquidity.
Offers predictable rewards on DUSD holdings in DeFi.
Funding Insights of Davos
Davos has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $500,000
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First Round
First Round
(18 Jan 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Davos | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Davos
Davos has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Polygon and Sandeep Nailwal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Scalable blockchain interoperability protocols are developed for enhanced network security.
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Founded Year | Domain | Location | |
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SN
Sandeep Nailwal |
Co-founder of Polygon, prominent blockchain investor, and Indian crypto pioneer
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Davos
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Davos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Davos Comparisons
Competitors of Davos
Davos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ledn, MetaStreet, Morpho, Credora and MoHash, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blockchain-based loans secured by Bitcoin are provided by Ledn.
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| domain | founded_year | HQ Location |
P2P liquidity platform for NFT collateral
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| domain | founded_year | HQ Location |
Morpho is recognized as a trusted lending network.
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| domain | founded_year | HQ Location |
Data-driven lending across CeFi and DeFi is enabled by Credora.
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| domain | founded_year | HQ Location |
DeFi protocol is provided for emerging market debt access.
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| domain | founded_year | HQ Location |
Online digital currency as a collateral-based P2P lending platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Davos
Frequently Asked Questions about Davos
When was Davos founded?
Davos was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Davos located?
Davos is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Davos?
Varun Satyam is the current CEO of Davos. They have also founded this company.
Is Davos a funded company?
Davos is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jan 18, 2023.
What does Davos do?
Cross-chain lending and borrowing platform. It allows users to borrow the stable asset against at first their staked MATIC assets, and earn additional yields, and yield-bearing stable assets in a single debt position against a low interest.
Who are the top competitors of Davos?
Davos's top competitors include Ledn, MetaStreet and Trident Digital.
What products or services does Davos offer?
Davos offers DUSD, Davos Bridge, and DUSD Savings Rate.
Who are Davos's investors?
Davos has 2 investors. Key investors include Polygon, and Sandeep Nailwal.
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