Carapace
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Carapace - overview
Established
2021
Location
San Francisco, CA, US
Primary Industry
Financial Services
About
Based in California, US, and co-founded by Rohit Sabnis and Taisuke Mino in 2021, Carapace operates as a financial services company offering protection against default risk in unsecured crypto loans. In October 2022, the firm raised USD 2. 5 million in pre-seed funding from NFX and Titan Capital. The company is working on the development of a DeFi (decentralized finance) primitive protocol for decentralized protection against default risk in unsecured crypto loans and making DeFi lending safer.
The company plans to utilize its October 2022 funding for the development of its Starlings Lab and to launch its test version, expand its team and further develop its protocols. The firm is also planning to launch its live product in early 2023 on Goldfinch.
Current Investors
NFX, Titan Capital
Primary Industry
Financial Services
Sub Industries
Financial Services, Monitoring & Security Software
Website
www.carapace.finance
Verticals
FinTech
Company Stage
Early Stage
Total Amount Raised
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