About Lido
Lido is a Technology company based in Finland founded in 2020. Non-custodial staking for Ethereum and other cryptocurrencies is facilitated. It operates in the Technology and Financial Services sectors. Lido has raised $72 million across 9 funding rounds from investors including European Union, ParaFi and Andreessen Horowitz. The company has 922 employees. Its website lido.fi draws about 213 thousand monthly visits. Lido offers products and services including stETH, Lido Staking, and Lido Institutional. Its focus areas include FinTech, Cryptocurrencies, Mining and Pool Mining.
Company details
Non-custodial staking solution for cryptocurrencies. Users must invest any amount of ETH into the staking protocol in order to obtain the same amount of token, which may be utilized for any financial transaction or service. Users can earn staking incentives by depositing funds on the platform, which can be redeemed by transferring tokens back to ETH when needed.
- Total Equity Funding$72M (USD)
in 9 rounds
- Latest Funding Round$70M (USD), Series A
Mar 2022
- InvestorsEuropean Union
& 9 more
- Employee Count922
Products & Services of Lido
Lido offers a comprehensive portfolio of products and services, including stETH, Lido Staking, and Lido Institutional.
Liquid token for staked ETH used in DeFi rewards.
Platform for staking ETH and earning competitive yields.
Service for large-scale staking and DeFi integration.
Funding Insights of Lido
Lido has successfully raised a total of $72M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $70 million completed in March 2022. 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 $72M
- Total Rounds 9
- Last Round Series A — $70M
- First Round $2M
(Dec 2020)
- Investors Count 10
All 9 funding rounds of Lido with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $70M | Series A | – | a16z | – |
| Sep 2021 | $232,225 | Grant | – | – | |
| Jul 2021 | $11.86M | Grant | – | – | |
| Jun 2021 | $243,568 | Grant | – | – | |
| May 2021 | $243,868 | Grant | – | – | |
| Mar 2021 | $237,876 | Grant | – | – | |
| Mar 2021 | $238,312 | Grant | – | – | |
| Feb 2021 | $241,098 | Grant | – | – | |
| Dec 2020 | $2M | Seed | – | Semantic Ventures, ParaFi |
10 investors in total: 7 institutional and 3 angel.
Investors in Lido
Lido has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, ParaFi and Andreessen Horowitz.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Early-stage investments are managed by this London-based VC firm. | semantic.vc | London, United Kingdom | ||
Investments are focused on crypto and tech companies by ParaFi. | 2018 | parafi.com | Greenwich, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
KR1 plc is focused on digital asset investments and decentralized technologies. | 2016 | kr1.io | Douglas, Isle of Man | |
Secure platform for staking cryptocurrencies and earning rewards. | 2018 | stake.fish | Seoul, South Korea | |
Provides infrastructure and staking services for Web 3.0 networks in data centers. | 2017 | stakingfacilities.com | Munich, Germany | |
SK Stani Kulechov | Founder of Aave, blockchain innovator, active angel investor in Web3 | unknown_a7a780cc11b44ed19 | ||
KW Kain Warwick | Founder of Synthetix, Australian crypto innovator, active angel investor in blockchain. | unknown_b3851217fe254706a | ||
RC Rune Christensen | Founder of MakerDAO, crypto innovator, and active angel investor in blockchain. | unknown_da04be6e7c4348229 |
Investor details for Lido
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Lido
3 dated milestones of Lido across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lido is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $70.0M.
Web traffic of Lido
The website of Lido (lido.fi) receives about 213.3K visits a month.
- Monthly visits213.3K
▲ 9.7% vs previous month
Websites whose visitors overlap most with Lido. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| debridge.finance | 100% | 11.3K | #2,760,825 | View details | |
spark.fi | spark.fi | 100% | #507,363 | – | |
| staderlabs.com | 100% | 16.2K | #1,651,939 | View details | |
superbridge.app | superbridge.app | 100% | #342,799 | – | |
| nimiq.com | 100% | 5.2K | #4,048,096 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for Lido
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 35 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Lido
Complete news archive for Lido
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Frequently Asked Questions about Lido
Lido was founded in 2020.
Lido is headquartered in Finland.
Lido is a funded company, having raised a total of $72M across 9 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Dec 2020.
Lido has 922 employees.
Non-custodial staking solution for cryptocurrencies. Users must invest any amount of ETH into the staking protocol in order to obtain the same amount of token, which may be utilized for any financial transaction or service. Users can earn staking incentives by depositing funds on the platform, which can be redeemed by transferring tokens back to ETH when needed.
Lido offers stETH, Lido Staking, and Lido Institutional.
Lido has 10 investors. Key investors include European Union, ParaFi, Andreessen Horowitz, Semantic Ventures, and KR1 plc.
Lido operates through Lido.
The website of Lido receives about 213 thousand visits a month.