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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.
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
Ranked
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
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Cedro's founders and board of directors

Founder? Claim Profile
The founders of Cedro is Rachin Kalakheti. Rachin Kalakheti is the CEO of Cedro.
Here are the details of Cedro's key team members:

Cedro's employee count trend

Cedro has 9 employees as of Jul 26. Here is Cedro's employee count trend over the years:
Employee count trend for Cedro
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MathWallet
MathWallet
2018, Singapore (Singapore), Series B
Cross-chain wallet for digital assets
$19.8M
59/100
2nd
Logo for LI.FI
LI.FI
2021, Berlin (Germany), Series A
Online platform for DEX aggregation of cross-chain bridging, swapping, and messaging
$52M
58/100
3rd
Logo for Squid
Squid
2023, Switzerland, Series B
Cross-chain swap and liquidity routing protocol
$13.5M
54/100
4th
Logo for UXUY Protocol
UXUY Protocol
2022, Singapore (Singapore), Seed
Developer of an online cross-chain liquidity aggregation protocol across multiple blockchains
$10.2M
50/100
5th
Logo for Entangle
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
Logo for CLV
CLV
2020, London (United Kingdom), Seed
Online platform offering cross-chain indexing and DeFi interoperability solutions for various blockchain networks
$3M
45/100
7th
Logo for Agoric
Agoric
2018, San Francisco (United States), Series B
Provider of smart contract security services
$38M
43/100
8th
Logo for UX
UX
2020, Cayman Islands, Seed
Blockchain-based lending protocol for web3 companies
$6.3M
43/100
9th
Logo for Kima
Kima
2021, Tel Aviv (Israel), Seed
Blockchain-based decentralized money transfer protocol
$8M
43/100
10th
Logo for Sienna
Sienna
2020, Terrace (Canada), Series B
Blockchain-based decentralized finance platform
$11.2M
42/100
28th
Logo for Cedro
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

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