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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.
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Email ID
*****@euler.xyz
Part Of
Key Metrics
Founded Year
2020
Location
Stage
Series B
Total Funding
$40M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
17 as on May 31, 2026
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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
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Euler's founders and board of directors

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The 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:

Euler's employee count trend

Euler has 17 employees as of May 26. Here is Euler's employee count trend over the years:
Employee count trend for Euler
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ledn
Ledn
2018, Toronto (Canada), Series B
Blockchain-based & crypto-backed lending platform
$104M
63/100
2nd
Logo for Morpho
Morpho
2021, Paris (France), Series D
A peer-to-peer layer built on top of lending pools such as Compound and Aave
$249M
60/100
3rd
Logo for Euler
Euler
2020, London (United Kingdom), Series B
Provider of non-custodial protocols for lending and borrowing crypto assets
$40M
58/100
4th
Logo for BankSocial
BankSocial
2021, Wylie (United States), Unfunded
Decentralized P2P platform for crypto personal loans
-
-
53/100
5th
Logo for EthicHub
EthicHub
2017, Madrid (Spain), Seed
Provider of blockchain-based P2P crowd lending platform for farm loans
$2.1M
51/100
6th
Logo for Term Structure
Term Structure
2022, British Virgin Islands (United Kingdom), Seed
Peer-to-peer fixed-income protocol
$4.25M
48/100
7th
Logo for Gondi
Gondi
2023, New York City (United States), Seed
Decentralized non-custodial NFT lending protocol
$5.35M
48/100
8th
Logo for MetaStreet
MetaStreet
2021, Boston (United States), Series A
P2P liquidity platform for NFT collateral
$49.1M
46/100
9th
Logo for Moonwell
Moonwell
2021, Finland, Funding Raised
Open lending and borrowing DeFi protocol on Moonbeam & Moonriver
-
45/100
10th
Logo for Yuanbao
Yuanbao
2014, Beijing (China), Series C
Online digital currency as a collateral-based P2P lending platform
$156M
44/100
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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

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Media has covered Euler for 1 event in last 1 year.
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FAQs about Euler

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