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.
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 |
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.
| 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 |
Investments & Acquisitions by Davos
Financial Statements - Davos
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.
| 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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Frequently Asked Questions about Davos
Davos was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Davos is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Varun Satyam is the current CEO of Davos. They have also founded this 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.
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.
Davos's top competitors include Ledn, MetaStreet and Trident Digital.
Davos offers DUSD, Davos Bridge, and DUSD Savings Rate.
Davos has 2 investors. Key investors include Polygon, and Sandeep Nailwal.