Euler - About the company
Euler is a series B company based in London (United Kingdom), founded in 2020 by Jack Prior, Michael Bentley and Doug Hoyte. It operates as a Provider of non-custodial protocols for lending and borrowing crypto assets. Euler has raised $40M in funding from Paradigm and Haun Ventures. The company has 137 active competitors, including 38 funded and 1 that has exited. Its top competitors include companies like Ledn, Morpho and BankSocial.
Company Details
Provider of non-custodial protocols for lending and borrowing crypto assets. Its features are permissionless listing, asset tiers, multi-collateral stability pools, and more. It also provides governance and treasury tools.
- Website
- euler.finance
- Email ID
- *****@euler.xyz
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Series B
Total Funding
$40M in 2 rounds
Latest Funding Round
Ranked
3rd among 137 active competitors
Employee Count
17 as on May 31, 2026
Legal entities associated with Euler
Euler is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EULER XYZ LIMITED CIN: 12863550 , United Kingdom, Active | Sep 06, 2020 | - | 2 (As on Oct 31, 2021) |
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Euler's funding and investors
Euler has raised a total funding of $40M over 2 rounds. Its first funding round was on Aug 25, 2021. Its latest funding round was a Series B round on Jun 07, 2022 for $*****. 6 investors participated in its latest round. Euler has 21 institutional investors and 13 angel investors.
Here is the list of recent funding rounds of Euler:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 07, 2022 | 1475021 | Series B | 1060815 | 2667343 | 1360449 | 6941067 |
Aug 25, 2021 | 7810871 | Series A | 5706817 | 4559231 |
View details of Euler's funding rounds and investors
Euler's founders and board of directors
Founder? Claim ProfileThe founders of Euler are Jack Prior, Michael Bentley and Doug Hoyte. Michael Bentley is the CEO of Euler.
Here are the details of Euler's key team members:
- Jack Prior: Former Co-Founder of Euler. They serve on the board of 1 company.
- Michael Bentley: Co-Founder & CEO of Euler and founder of 1 other company. Contact Info: 1 email address
- Doug Hoyte: Co-Founder of Euler.
View details of Euler's Founder profiles and Board Members
Euler's employee count trend
Euler has 17 employees as of May 26. Here is Euler's employee count trend over the years:
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Euler's Competitors and alternates
Top competitors of Euler include Ledn, Morpho and BankSocial. Here is the list of Top 10 competitors of Euler, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockchain-based & crypto-backed lending platform | $104M | 63/100 | ||
2nd | A peer-to-peer layer built on top of lending pools such as Compound and Aave | $249M | 60/100 | ||
3rd | Euler 2020, London (United Kingdom), Series B | Provider of non-custodial protocols for lending and borrowing crypto assets | $40M | 58/100 | |
4th | BankSocial 2021, Wylie (United States), Unfunded | Decentralized P2P platform for crypto personal loans | - | - | 53/100 |
5th | Provider of blockchain-based P2P crowd lending platform for farm loans | $2.1M | 51/100 | ||
6th | ![]() Term Structure 2022, British Virgin Islands (United Kingdom), Seed | Peer-to-peer fixed-income protocol | $4.25M | 48/100 | |
7th | Gondi 2023, New York City (United States), Seed | Decentralized non-custodial NFT lending protocol | $5.35M | 48/100 | |
8th | MetaStreet 2021, Boston (United States), Series A | P2P liquidity platform for NFT collateral | $49.1M | 46/100 | |
9th | Open lending and borrowing DeFi protocol on Moonbeam & Moonriver | - | 45/100 | ||
10th | Online digital currency as a collateral-based P2P lending platform | $156M | 44/100 |
Looking for more details on Euler's competitors? Click here to see the top ones
Euler's Investments and acquisitions
Euler has made no investments or acquisitions yet.
Reports related to Euler
Here is the latest report on Euler's sector:
News related to Euler
Media has covered Euler for 1 event in last 1 year.
•
VanEck's Tokenized Fund Launched on Euler, Bringing Regulated Assets to DeFiCoinDesk•May 28, 2026•Euler
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Euler Finance's Remarkable Comeback: TVL Reaches $1.5 BillionBitcoin Ethereum News•Apr 28, 2025•Euler
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Euler allocates $4 million for v2 protocol security, conducts 29 auditsCryptoSlate•Aug 12, 2024•Euler
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DeFi Protocol Euler Gets $32M From Coinbase, FTX To Diversify DAOBlockworks•Jul 09, 2024•Euler, Haun Ventures, Jump Crypto, Jane Street and 1 other
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Euler Finance Community Weighs Plan to Return Money Recovered From $200M HackCoinDesk•Apr 10, 2023•Euler
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Euler Finance Miner Transferred 100 ETH To Notorious Hacker Lazarus GroupCoincu Financial Group•Mar 17, 2023•Euler
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