About Kelp DAO
Kelp DAO is a company based in Bengaluru (India) founded in 2023 by Dheeraj Borra and Amitej Gajjala. Kelp DAO offers products and services including Restake and Gain. Kelp DAO operates in a competitive market with competitors including CyberConnect, Lido, Stader, Kiln and RockX, among others.
- Headquarter Bengaluru, India
- Founders Dheeraj Borra, Amitej Gajjala
- Stage Minicorn
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
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Social
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- Legal Name Kelp Dao
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$9 M (USD), Token Sale
May 23, 2024
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Investors
Bankless Ventures
& 11 more
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Employee Count
Not available
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Products & Services of Kelp DAO
Kelp DAO offers a comprehensive portfolio of products and services, including Restake and Gain.
Platform for depositing ETH to earn rewards and points via DeFi.
Service for maximizing earnings through DeFi opportunities on multiple networks.
People of Kelp DAO
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Funding Insights of Kelp DAO
Investors in Kelp DAO
Kelp DAO has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Bankless Ventures, Hypersphere Capital and Draper Dragon.
| Investor | Description | Founded Year | Domain | Location |
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Bankless Ventures is focused on investing in Web3 pioneers.
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Hypersphere Capital is focused on crypto-native investment opportunities.
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Early-stage centric VC firm funding companies in the US and China
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Investor details for Kelp DAO
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Kelp DAO
Investment portfolio details for Kelp DAO
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Financial Statements - Kelp DAO
Detailed financials for Kelp DAO
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Kelp Dao Comparisons
Peer comparison for Kelp DAO
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Kelp DAO
Kelp DAO 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Web3 social network platform
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Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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Staking solutions for cryptocurrencies are provided via an online platform.
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Provider of cryptocurrency staking solutions
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Digital staking solutions for cryptocurrencie
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Liquid staking protocol
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Detailed competitors of Kelp DAO
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Latest news on Kelp Dao
Complete news archive for Kelp DAO
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Frequently Asked Questions about Kelp DAO
Kelp DAO was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Kelp DAO is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
DAO-based cryptocurrency staking platform. It offers liquid restaking services with rsETH. It allows users to access restaking rewards along with liquidity without any lock-up for restaked tokens. Users can restake digital assets, mint rsETH, and earn rewards through the liquid restaking dashboard.
Kelp DAO's top competitors include Lido, Kiln and EigenLayer.
Kelp DAO offers Restake and Gain.
Kelp DAO has 12 investors. Key investors include Bankless Ventures, Hypersphere Capital, Draper Dragon, Digital Asset Capital Management, and Cypher Capital.
The valuation of Kelp DAO is $90M as of May 2024.