OVERNIGHT

Palo Alto, United States Founded: 2021 • Age: 5 yrs
DeFi protocol behind a collateralized and yield-bearing stablecoin
Annual revenue - Latest available
Total funding $850,000 1 rounds
Employees 34 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About OVERNIGHT

OVERNIGHT is a company based in Palo Alto (United States) founded in 2021 by Max Ermilov and Yaro Pavlov. OVERNIGHT has raised $850 thousand across 1 funding round from investors including FJ Labs, Hack VC and Sandeep Naiwal. The company has 34 employees as of December 31, 2018. OVERNIGHT operates in a competitive market with competitors including Talos, Tagomi, Orderly Network, Shipyard Software and Omniex, among others.

  • Headquarter Palo Alto, United States
  • Employees 34 as on 31 Dec, 2018
  • Founders Max Ermilov, Yaro Pavlov
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $850 K (USD)

    in 1 rounds

  • Latest Funding Round
    $850 K (USD), Seed

    Dec 01, 2021

  • Investors
    FJ Labs

    & 4 more

  • Employee Count
    34

    as on Dec 31, 2018

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Funding Insights of OVERNIGHT

OVERNIGHT has successfully raised a total of $850K through 1 strategic funding round. The most recent funding activity was a Seed round of $850 thousand completed in December 2021. 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.

Investors in OVERNIGHT

OVERNIGHT has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include FJ Labs, Hack VC and Sandeep Naiwal.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Web3 venture capital firm partnering on blockchain projects.
Locked Locked Locked
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
Locked Locked Locked

Sandeep Naiwal

-
Locked Locked Locked
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Investor details for OVERNIGHT

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Investments & Acquisitions by OVERNIGHT

Investments
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Investment portfolio details for OVERNIGHT

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Financial Statements - OVERNIGHT

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Detailed financials for OVERNIGHT

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Overnight Comparisons

OVERNIGHT Primary company
Description
DeFi protocol behind a collateralized and yield-bearing stab...
Location
Palo Alto, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
34
As of 2018
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Peer comparison for OVERNIGHT

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Competitors of OVERNIGHT

OVERNIGHT 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 Talos, Tagomi, Orderly Network, Shipyard Software and Omniex, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Trade management solutions for digital assets are offered.
Locked Locked Locked
Trade management solutions for cryptocurrency
Locked Locked Locked
Decentralized exchange protocol that offers spot & margin trading, perpetual swaps, and lending & borrowing
Locked Locked Locked
End-to-end software solutions for crypto services are provided online.
Locked Locked Locked
Online trading and investment platform for crypto assets
Locked Locked Locked
Aspen Digital is engaged in digital asset management services.
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Detailed competitors of OVERNIGHT

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Latest news on Overnight

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Complete news archive for OVERNIGHT

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Frequently Asked Questions about OVERNIGHT

OVERNIGHT was founded in 2021.

OVERNIGHT is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Max Ermilov is the current CEO of OVERNIGHT. They have also founded this company.

OVERNIGHT is a funded company, having raised a total of $850K across 1 funding round to date.

As of Dec 31, 2018, the latest employee count at OVERNIGHT is 34.

A DeFi protocol known as OVERNIGHT was established in 2021 in Palo Alto, United States. Collateralized and yield-bearing stablecoins are managed within the asset management sector. Operations center on passive yield generation through delta-neutral approaches, aimed at conservative investors. Services encompass a stablecoin money market and exchange-traded strategies, with the domain overnight.fi utilized for access.

OVERNIGHT's top competitors include Talos, Shipyard Software and Orderly Network.

OVERNIGHT has 5 investors. Key investors include FJ Labs, Hack VC, Sandeep Naiwal, Ryan Selkis, and Paul Holland.

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