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Rio Development Inc.

Private
United StatesCrypto & Web3

Last Round

M&A

Jun 12, 2024

Company Overview

Rio Development Inc. is a blockchain technology company that develops the Rio Network, a platform for issuing Liquid Restaking Tokens (LRTs).

Sector

Crypto & Web3

Verticals

DeFi, Staking Platforms, Blockchain Infrastructure, Tokenization

Business Model

B2B

Customer Profile

Usage-Based SaaS, Data as a Service

AI Layer

Non-AI

Keywords

liquid restakingliquid restaking tokenLRTEigenLayerrestakingactively validated servicesAVSliquid stakingyield-bearing assetsDeFi protocolEthereum infrastructurereETHLRTfistaking rewardscrypto yield

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Rio Development Inc. Comps

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Rio Development Inc. comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Rio Development Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
M&AJun 12, 2024
SeedDec 18, 2023

Rio Development Inc. Investors

Notable investors and investment history

Rio Development Inc. investors
InvestorRounds
MaelstromSeed
Breyer CapitalSeed
Blockchain CapitalSeed
Polychain CapitalSeed
NGC VenturesSeed
Blockchain CoinvestorsSeed
Rubik VenturesSeed

Market signals

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  • Jun 12, 2024

    Funded by Eigen Foundation and Eigen Labs.

Rio Development Inc. Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Rio Development Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersUnited States
Employee Range1
Year Founded2023
Last FundingJun 12, 2024

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