Cedro - About the company
Cedro is a seed company based in California City (United States), founded in 2022 by Rachin Kalakheti. It operates as a Cross-chain decentralized liquidity protocol. Cedro has raised $1.5M in funding from Shima Capital. The company has 59 active competitors, including 22 that are funded. Its top competitors include companies like MathWallet, LI.FI and Squid.
Company Details
Cross-chain decentralized liquidity protocol. The users can lend and borrow assets across multiple chains with affordable transaction fees. Lenders are able to deposit their assets to contribute to the liquidity of the platform and borrowers are able to borrow the liquidity in an overcollateralized manner.
- Website
- www.cedro.finance
- Email ID
- *****@cedro.finance
Key Metrics
Founded Year
2022
Location
California City, United States
Stage
Seed
Total Funding
$1.5M in 1 round
Latest Funding Round
Investors
Ranked
28th among 59 active competitors
Employee Count
9 as on Jul 31, 2026
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Cedro's funding and investors
Cedro has raised a total funding of $1.5M over 1 round. Its latest funding round was a Seed round on Feb 07, 2023 for $*****. 3 investors participated in its latest round. Cedro has 3 institutional investors.
Here is the list of recent funding rounds of Cedro:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 07, 2023 | 3335342 | Seed | 6766641 | 6938903 | 8213617 | 4080386 |
View details of Cedro's funding rounds and investors
Cedro's founders and board of directors
Founder? Claim ProfileThe founders of Cedro is Rachin Kalakheti. Rachin Kalakheti is the CEO of Cedro.
Here are the details of Cedro's key team members:
- Rachin Kalakheti: Founder & CEO of Cedro. Contact Info: 1 email address
View details of Cedro's Founder profiles and Board Members
Cedro's employee count trend
Cedro has 9 employees as of Jul 26. Here is Cedro's employee count trend over the years:
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Cedro's Competitors and alternates
Top competitors of Cedro include MathWallet, LI.FI and Squid. Here is the list of Top 10 competitors of Cedro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MathWallet 2018, Singapore (Singapore), Series B | Cross-chain wallet for digital assets | $19.8M | 59/100 | |
2nd | Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging | $52M | 58/100 | ||
3rd | Squid 2023, Switzerland, Series B | Cross-chain swap and liquidity routing protocol | $13.5M | 54/100 | |
4th | UXUY Protocol 2022, Singapore (Singapore), Seed | Developer of an online cross-chain liquidity aggregation protocol across multiple blockchains | $10.2M | 50/100 | |
5th | Entangle 2021, Dubai (United Arab Emirates), Seed | Developer of liquidity centric sub-layer powering the next generation of cross-chain DeFi applications | $4M | 48/100 | |
6th | CLV 2020, London (United Kingdom), Seed | Online platform offering cross-chain indexing and DeFi interoperability solutions for various blockchain networks | $3M | 45/100 | |
7th | Agoric 2018, San Francisco (United States), Series B | Provider of smart contract security services | $38M | 43/100 | |
8th | UX 2020, Cayman Islands, Seed | Blockchain-based lending protocol for web3 companies | $6.3M | 43/100 | |
9th | Blockchain-based decentralized money transfer protocol | $8M | 43/100 | ||
10th | Blockchain-based decentralized finance platform | $11.2M | 42/100 | ||
28th | Cedro 2022, California City (United States), Seed | Cross-chain decentralized liquidity protocol | $1.5M | 28/100 |
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Cedro's Investments and acquisitions
Cedro has made no investments or acquisitions yet.
Reports related to Cedro
Here is the latest report on Cedro's sector:
News related to Cedro
•
Cedro Finance Raises $1.5M to Build an Omnichain Liquidity PlatformTullahoma News•Feb 07, 2023•Cedro, Shima Capital, Infinity Ventures Crypto, Mask Network and 2 others
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