Idle raises $2.4 million in strategic funding led by RockawayX and Fasanara Digital
Amount Raised
$2.4 Million
Round Type
Funding Round
New YorkFinancial ServicesFinanceBlockchainCryptocurrencyLendingInvestors
Description
Idle, a decentralized autonomous organization providing yield automation and hedging tools for the decentralized finance market, raised $2.4 million in total strategic funding. The round was led by investment firm RockawayX and also saw participation from Fasanara Digital. The funds will be used to help further develop on-chain credit infrastructure and other endeavors.
Quick answer
Idle raised $2.4 Million in a Funding Round round, dated July 9, 2024. Investors: Fasanara Digital and Rockaway X. Idle is based in New York, New York, United States.
- How much did Idle raise?
- Idle raised $2.4 Million in a Funding Round round on July 9, 2024.
- Who invested in Idle?
- Fasanara Digital and Rockaway X are named as investors in this round.
- What does Idle do?
- With Idle, we are tokenizing the best interest rate across different lending protocols on Ethereum money market.
- Where is Idle based and how big is it?
- Idle is based in New York, New York, United States. Fundz records about 10 employees.
- Who are the decision-makers at Idle?
- Fundz holds 1 contact at Idle. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Idle that raised within 45 days of this round, from Fundz verified event records.
- Stewards, Inc. raised an undisclosed amount on August 22, 2024.
- RedStone Oracles raised $15M (Series A) on July 3, 2024.
- Onramp raised $14M (Funding Round) on July 18, 2024.
- FreeBnk raised $3M on July 4, 2024.
- Aperture Finance raised $12M (Series A) on May 29, 2024.
- Anzen Finance raised $4M (Seed) on May 28, 2024.
Who to call at Idle, and when
A new round usually means Idle is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Idle raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Idle, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Idle. With Fundz connected, it knows.
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Fundz sees it the moment Idle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Idle raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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