Archimedes - About the company
Archimedes is a seed company based in Los Angeles (United States), founded in 2022 by Oz Rabinovitch and Tomer Mayara. It operates as a Crypto-based lending and borrowing platform. Archimedes has raised $7.3M in funding from Hack VC and Shima Capital. The company has 97 active competitors, including 35 funded and 6 that have exited. Its top competitors include companies like Celsius, Salt lending and Compound.
Company Details
Crypto-based lending and borrowing platform. It enables lenders (liquidity providers) to earn sustainable higher APYs and borrowers (leverage takers) to earn a yield of what yield-bearing stablecoins such as OUSD offer.
- Website
- www.archimedesfi.com/
Key Metrics
Founded Year
2022
Location
Los Angeles, United States
Stage
Seed
Total Funding
$7.3M in 2 rounds
Latest Funding Round
Ranked
9th among 97 active competitors
Employee Count
5 as on May 31, 2026
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Archimedes's funding and investors
Archimedes has raised a total funding of $7.3M over 2 rounds. Its first funding round was on Mar 16, 2022. Its latest funding round was a Seed round on Feb 01, 2023 for $*****. 7 investors participated in its latest round. Archimedes has 17 institutional investors.
Here is the list of recent funding rounds of Archimedes:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 01, 2023 | 9945866 | Seed | 7218188 | 2224628 | 8783700 | 1693953 |
Mar 16, 2022 | 8340639 | Seed | 5455085 | 3746008 |
View details of Archimedes's funding rounds and investors
Archimedes' founders and board of directors
Founder? Claim ProfileThe founders of Archimedes are Oz Rabinovitch and Tomer Mayara. Oz Rabinovitch is the CEO of Archimedes.
Here are the details of Archimedes' key team members:
- Oz Rabinovitch: Co-Founder & CEO of Archimedes. Contact Info: 1 email address
- Tomer Mayara: Co-Founder of Archimedes. Contact Info: 1 email address
View details of Archimedes's Founder profiles and Board Members
Archimedes' employee count trend
Archimedes has 5 employees as of May 26. Here is Archimedes's employee count trend over the years:
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Archimedes's Competitors and alternates
Top competitors of Archimedes include Celsius, Salt lending and Compound. Here is the list of Top 10 competitors of Archimedes, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Celsius 2017, Hoboken (United States), Acquired | Online exchange, swap, and liquidity solutions for cryptocurrency | $956M | 79/100 | |
2nd | Salt lending 2016, Denver (United States), Acquired | Online platform for asset-backed loans for cryptocurrency | $65.1M | 73/100 | |
3rd | Compound 2017, San Francisco (United States), Series B | P2P lending platform based on the Ethereum blockchain | $79.4M | 71/100 | |
4th | Aave 2009, London (United Kingdom), Series B | Decentralized crypto lending marketplace for consumers | $29.5M | 64/100 | |
5th | Non-custodial staking solution for cryptocurrencies | $72M | 63/100 | ||
6th | Milo 2018, Miami (United States), Series A | Online crypto-backed mortgage lender for consumers | $30.1M | 56/100 | |
7th | Teller 2020, San Francisco (United States), Series A | Provider of a lending platform for cryptocurrency loans | $8.71M | 53/100 | |
8th | Debifi 2021, Majuro (Marshall Islands), Seed | Online platform offering crypto-backed consumer loans | - | 46/100 | |
9th | Archimedes 2022, Los Angeles (United States), Seed | Crypto-based lending and borrowing platform | $7.3M | 44/100 | |
10th | Online marketplace for invoice financing | $5.1M | 42/100 |
Looking for more details on Archimedes's competitors? Click here to see the top ones
Archimedes's Investments and acquisitions
Archimedes has made no investments or acquisitions yet.
Reports related to Archimedes
Here is the latest report on Archimedes's geography:
News related to Archimedes
•
DeFi Marketplace Archimedes Raises $4.9M in Seed Round Led by Hack VCCoinDesk•Feb 01, 2023•Archimedes, Hack VC, Uncorrelated Ventures, Psalion and 6 others
•
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