When was Kelp DAO founded?

Kelp DAO was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Kelp DAO located?

Kelp DAO is headquartered in Bengaluru, India.

How many employees does Kelp DAO have?

As of Mar 01, 2026, the latest employee count at Kelp DAO is 10 - 49.

Is Kelp DAO a funded company?

Kelp DAO is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on May 23, 2024.

How much is Kelp DAO worth?

The latest valuation of Kelp DAO is $***** as of May 23, 2024.

When was the latest funding round of Kelp DAO?

Kelp DAO's latest funding was a $***** ICO round on May 23, 2024, with participation from 13 investors.

Where does Kelp DAO rank among its competitors?

Kelp DAO ranks 24th amongst 559 active competitors, of which 117 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Figment, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Kelp DAO?

Kelp DAO's top competitors include Figment, Lido and ether.fi. Among them, Figment secured the most recent funding round in October, 2025.

Kelp DAO - 2026 Company Profile, Team, Funding & Competitors

Kelp DAO is a funded company based in Bengaluru (India), founded in 2023 by Amitej Gajjala and Dheeraj Borra. It operates as a DAO-based cryptocurrency staking platform. Kelp DAO has raised an undisclosed amount in funding, with a current valuation of $*****. The company has 559 active competitors, including 117 funded and 17 that have exited. Its top competitors include companies like Figment, Lido and ether.fi.

Company Details

DAO-based cryptocurrency staking platform. It offers liquid restaking services with rsETH. It allows users to access restaking rewards along with liquidity without any lock-up for restaked tokens. Users can restake digital assets, mint rsETH, and earn rewards through the liquid restaking dashboard.

Website: kelpdao.xyz
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Key Metrics

Founded Year

2023

Location

Bengaluru, India

Stage

Funding Raised

Latest Funding Round

ICO, May 23, 2024, $*****

Post Money Valuation

$***** as on May 23, 2024

Investors

Draper Dragon & 12 more

Ranked

24^th among 559 active competitors

Employee Count

10 - 49 as on Mar 01, 2026

Similar Companies

Figment & 536 more

View Kelp DAO's full profile

Kelp DAO has raised funding over 1 round. Its latest funding round was a ICO round on May 23, 2024 for $*****. 13 investors participated in its latest round. Kelp DAO has 8 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Kelp DAO:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 23, 2024	1898471	ICO	3058129	7363244	4397618	2231061

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View details of Kelp DAO's funding rounds and investors

The founders of Kelp DAO are Amitej Gajjala and Dheeraj Borra.

Here are the details of Kelp DAO's key team members:

Amitej Gajjala: Co-Founder of Kelp DAO and founder of 1 other company.
Dheeraj Borra: Co-Founder of Kelp DAO and founder of 1 other company.
Contact Info: 1 email address

View details of Kelp DAO's Founder profiles and Board Members

Kelp DAO's employee count trend

Kelp DAO has 10 - 49 employees as of Mar 26. Here is Kelp DAO's employee count trend over the years:

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Top competitors of Kelp DAO include Figment, Lido and ether.fi. Here is the list of Top 10 competitors of Kelp DAO, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Figment 2018, Toronto (Canada), Series C	Online platform for the staking solution	$165M	Bonfire Ventures, Thoma Bravo & 58 others	69/100
2nd	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, Semantic Ventures & 21 others	63/100
3rd	ether.fi 2022, George Town (Cayman Islands), Series A	Liquid staking protocol	$32.3M	Chapter One, CoinFund & 29 others	62/100
4th	EigenLayer 2021, Seattle (United States), Series B	Provider of verifiable cloud computing platform	$241M	Andreessen Horowitz, Polychain & 26 others	62/100
5th	CyberConnect 2021, Palo Alto (United States), Series A	Web3 social network platform	$25M	Sky9 Capital, INCE CAPITAL & 25 others	62/100
6th	BTCS 2013, Public	Provider of blockchain infrastructure node operations and digital asset staking	$1.88M	Blockchain Technologies	61/100
7th	Puffer Finance 2022, United States, Series A	Anti-slashing liquid staking protocol	$24.2M	Binance Labs, Brevan Howard & 32 others	60/100
8th	Tokens.com 2020, Toronto (Canada), Public	Blockchain-based technology focused on transaction processing and validation services for various digital assets	$25M	-	60/100
9th	P2P 2018, George Town (Cayman Islands), Series A	Provider of a non-custodial staking platform for cryptocurrencies	$23M	Jump Crypto, Sygnum & 2 others	60/100
10th	Symbiotic 2024, Finland, Series A	Platform offering a generalized shared security system for decentralized networks	$34.8M	Paradigm, CyberFund & 2 others	59/100
24th	Kelp DAO 2023, Bengaluru (India), Funding Raised	DAO-based cryptocurrency staking platform	-	Draper Dragon, GSR Ventures & 11 others	51/100