Carrot Labs, Inc.
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Carrot Labs, Inc. - overview
Established
2024
Location
-, -, US
Primary Industry
Software
About
Based in Texas, US, and founded in 2024 by co-founders James Blair and Jack Rieck, Carrot Labs, Inc. engages in providing decentralised applications and blockchain services that enable its customers to monitor and manage when buying or redeeming CRT tokens. In September 2024, Carrot Labs, Inc. raised USD 600,000 in pre-seed funding.
The company provides a platform for users to earn stable returns on their digital assets by automating the lending process across various blockchain protocols. Carrot Labs offers a token called CRT, which is backed by stablecoins like USDC and USDT. The platform allows users to deposit stablecoins in exchange for CRT tokens, which are linked to a vault that automatically reallocates funds to capture the returns from the Solana-based protocols. The company will use the September 2024 funding to support the development of the company's technology.
Primary Industry
Software
Sub Industries
e-Financial, Web Applications, Analytics & Performance Software
Website
www.deficarrot.com
Verticals
Blockchain, Cloud Computing, FinTech, FinTech
Company Stage
Early Stage
Total Amount Raised
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