MakerDAO

📍 Copenhagen, Denmark🗓 Founded 2014👥 55 employees💰 Last funded Apr 2020
Technology, Information and Internet🌐 makerdao.com
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MakerDAO is the decentralized autonomous organization that enabled and currently sustains the Maker Protocol, the largest decentralized finance protocol by total value locked that generates and maintains Dai, the first decentralized stablecoin. The Maker Protocol is an open-source smart contract system publicly deployed on Ethereum that anyone can use to generate liquidity by minting the Dai stablecoin. The tokens that sustain the Maker Protocol are MKR for governance, and DAI as the stablecoin * MKR is the governance token used by its holders to vote and decide on proposals that aim to improve or change the system. * DAI is the decentralized stablecoin hard pegged to the US dollar and backed by crypto and legacy finance assets. The Maker Protocol enables this liquidity via three main products: * Maker Vaults: A tool where anyone can deposit crypto assets as collateral and generate Dai as a loan against it. * Peg-Stability Module (PSM): A tool where any user can swap other stablecoins for Dai and vice versa. They can deposit stablecoins and receive Dai at a 1-to-1 rate, or deposit Dai and receive stablecoins held by the PSM at a 1-to-1 rate. * Direct Deposit Module (D3M): A wholesale credit line that provides immediate liquidity in Dai to lending markets in the decentralized finance space such as Aave. All the components that make the Maker Protocol work are supported and sustained by the decentralized, open community known as MakerDAO through a decentralized system of Governance powered by MKR token holders and Delegates. For media inquiry please contact media@makergrowth.com For business and partnership inquiry please contact partners@makergrowth.com
5
Total investors
1
Early stage
3
Mid stage
1
Late stage
2014
Founded

Investors

5 investors
All
Early stage
Mid stage
Late stage
Investor geography5 countries
France
1
United Kingdom
1
China
1
Germany
1
New Zealand
1
Investor activity2015–2020 · investors recorded per year
20151201812019220201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in MakerDAO?
MakerDAO has 5 investors on record on gritt.io, including 1 early-stage backers, 3 mid-stage and 1 late-stage investors.
When did MakerDAO last raise funding?
The most recent investment in MakerDAO recorded on gritt.io was in April 2020.
When was MakerDAO founded?
MakerDAO was founded in 2014.
What industry is MakerDAO in?
MakerDAO operates in Technology, Information and Internet. Find similar Technology, Information and Internet investors on gritt.io.
Where is MakerDAO based?
MakerDAO is headquartered in Copenhagen, Denmark.