About ether.fi
ether.fi is a company based in George Town (Cayman Islands) founded in 2022 by Mike Silagadze.. ether.fi has raised $32.3 million across 3 funding rounds from investors including Consensys, Amber Group and OKX. ether.fi operates in a competitive market with competitors including CyberConnect, Lido, Stader, Kiln and RockX, among others.
- Headquarter George Town, Cayman Islands
- Founders Mike Silagadze
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.3 M (USD)
in 3 rounds
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Latest Funding Round
$20 K (USD), Token Sale
Mar 18, 2024
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Investors
Consensys
& 26 more
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Employee Count
Employee Count
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Funding Insights of ether.fi
ether.fi has successfully raised a total of $32.3M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $20 thousand completed in March 2024. 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 3
- Last Round Token Sale — $20,000
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First Round
First Round
(28 Feb 2023)
- Investors Count 27
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Token Sale - ether.fi | Valuation |
investors |
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| Feb, 2024 | Amount | Series A - ether.fi | Valuation | CoinFund , Bullish | |
| Feb, 2023 | Amount | Series A - ether.fi | Valuation | North Island Ventures , Chapter One |
| 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 ether.fi
ether.fi has secured backing from 27 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Consensys, Amber Group and OKX. 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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Blockchain sector focus is maintained by venture capital-backed accelerator.
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Founded Year | Domain | Location | |
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Venture capital fund investment in early-stage startups
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Founded Year | Domain | Location | |
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A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
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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 ether.fi
| 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 - ether.fi
| 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 |
Ether.Fi Comparisons
Competitors of ether.fi
ether.fi 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 CyberConnect, Lido, Stader, Kiln and RockX, 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 |
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| domain | founded_year | HQ Location |
Web3 social network platform
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| domain | founded_year | HQ Location |
Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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| domain | founded_year | HQ Location |
Staking solutions for cryptocurrencies are provided via an online platform.
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| domain | founded_year | HQ Location |
Provider of cryptocurrency staking solutions
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| domain | founded_year | HQ Location |
Digital staking solutions for cryptocurrencie
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Ether.Fi
Frequently Asked Questions about ether.fi
When was ether.fi founded?
ether.fi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is ether.fi located?
ether.fi is headquartered in George Town, Cayman Islands.
Who is the current CEO of ether.fi?
Mike Silagadze is the current CEO of ether.fi. They have also founded this company.
Is ether.fi a funded company?
ether.fi is a funded company, having raised a total of $32.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.3M, raised on Feb 28, 2023.
What does ether.fi do?
ether.fi was founded in 2022 and is headquartered in George Town, Cayman Islands. Operations are focused on the decentralized finance sector, where a liquid staking protocol is provided. Stakers are allowed to maintain control of their private keys while delegation to node operators is facilitated, enabling rewards to be earned without asset lockup. Services support Ethereum-based staking with liquidity preserved for users.
Who are the top competitors of ether.fi?
ether.fi's top competitors include Lido, Kiln and EigenLayer.
Who are ether.fi's investors?
ether.fi has 27 investors. Key investors include Consensys, Amber Group, OKX, Hyperithm, and Bullish.
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