When was Lido founded?

Lido was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Lido located?

Lido is headquartered in Finland. It is registered at Rīga, Ķengaraga iela 6A.

How many employees does Lido have?

As of Jun 30, 2026, the latest employee count at Lido is 84.

Is Lido a funded company?

Lido is a funded company, having raised a total of $72M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 15, 2020.

When was the latest funding round of Lido?

Lido's latest funding was a $***** Series A round on Mar 04, 2022, with participation from 1 investor.

Where does Lido rank among its competitors?

Lido ranks 3rd amongst 107 active competitors, of which 25 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Babylon Labs, which secured $15M in Jan, 2026.

Who are the top competitors of Lido?

Lido's top competitors include Compound, Aave and CyberConnect. Among them, Babylon Labs secured the most recent funding round in January, 2026.

Lido - 2026 Company Profile, Funding & Competitors

Company Details

Non-custodial staking solution for cryptocurrencies. Users must invest any amount of ETH into the staking protocol in order to obtain the same amount of token, which may be utilized for any financial transaction or service. Users can earn staking incentives by depositing funds on the platform, which can be redeemed by transferring tokens back to ETH when needed.

Website: lido.fi
Social
Email ID: *****@lido.fi
Registered Address: Rīga, Ķengaraga iela 6A

Key Metrics

Founded Year

2020

Location

Finland

Stage

Series A

Total Funding

$72M in 9 rounds

Latest Funding Round

Series A, Mar 04, 2022, $*****

Investors

Andreessen Horowitz & 22 more

Ranked

3^rd among 107 active competitors

Employee Count

84 as on Jun 30, 2026

Investment & Acquisitions

Ethereum Institutional & 3 more

Similar Companies

Compound & 117 more

View Lido's full profile

Lido is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LIDO CIN: 40003022654 , Latvia, Active	Sep 09, 1991	€50M - €100M (As on Apr 30, 2025)	922 (As on Dec 31, 2022)	-

Lido has raised a total funding of $72M over 9 rounds. Its first funding round was on Dec 15, 2020. Its latest funding round was a Series A round on Mar 04, 2022 for $*****. 1 investor participated in its latest round. Lido has 20 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Lido:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 04, 2022	7551873	Series A	8474058	4985844	6152293	2200298
Sep 29, 2021	7368388	Grant (prize money)	8425216	7093633	4600999	Europa
Jul 30, 2021	9720982	Grant (prize money)	1976677	3189161	8478041	Europa

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View details of Lido's funding rounds and investors

Lido's employee count trend

Lido has 84 employees as of Jun 26. Here is Lido's employee count trend over the years:

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Top competitors of Lido include Compound, Aave and CyberConnect. Here is the list of Top 10 competitors of Lido, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Compound 2017, San Francisco (United States), Series B	P2P lending platform based on the Ethereum blockchain	$79.4M	Andreessen Horowitz, Bain Capital Ventures ... & 31 others	70/100
2nd	Aave 2009, London (United Kingdom), Series B	Decentralized crypto lending marketplace for consumers	$29.5M	ParaFi, Standard Crypto & 40 others	64/100
3rd	Lido 2020, Finland, Series A	Non-custodial staking solution for cryptocurrencies	$72M	ParaFi, Andreessen Horowitz & 21 others	63/100
4th	CyberConnect 2021, Palo Alto (United States), Series A	Web3 social network platform	$25M	Sky9 Capital, INCE CAPITAL & 25 others	62/100
5th	EigenLayer 2021, Seattle (United States), Series B	Provider of verifiable cloud computing platform	$241M	Andreessen Horowitz, Polychain & 26 others	62/100
6th	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
7th	Babylon Labs 2022, Palo Alto (United States), Series B	Blockchain-based platform offering security-sharing protocols	$15M	HashKey Capital, a16zcrypto	53/100
8th	Jito Labs 2021, United States, Series A	Software for validators to earn more rewards with mining	$12.1M	Multicoin Capital, Framework Ventures & 11 others	51/100
9th	Stakin 2005, Tallinn (Estonia), Acquired	Online platform offering infrastructure for public PoS blockchain networks	-	-	51/100
10th	Stargate 2021, Switzerland, Acquired	Online composable liquidity transport protocol	-	Wave Financial, Qode Ventures & 3 others	49/100

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Lido has not made any acquisitions yet. Lido has made 4 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 02, 2026	Investments	Ethereum Institutional	2026	-
Feb 20, 2025	Investments	Acre	2023	San Francisco (United States)
Mar 30, 2024	Investments	Certo	2023	Cayman Islands