Sturdy
PrivateLast Round
Seed
Mar 15, 2022
Total Funding Raised
$3.9M
Company Overview
Sturdy is a decentralized finance (DeFi) lending protocol that enables interest-free borrowing and high-yield lending. The platform operates by taking the collateral provided by borrowers and staking it in other DeFi protocols like Lido and Yearn to generate yield. This generated yield is then passed on to the lenders, creating a positive-sum relationship between borrowers and lenders. The protocol has a native governance token, $STRDY. In 2023, the protocol experienced a significant security breach but has since resumed operations. Sturdy has since launched V2, which introduces a novel two-tier architecture with risk-isolated pools and an aggregation layer to prevent liquidity fragmentation and optimize yields using AI.
Sector
Crypto & Web3
Verticals
DeFi, Lending & Credit, Blockchain Infrastructure, Smart Contracts
Business Model
B2B2C
Customer Profile
Payment Processing Fee, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Sturdy Comps
Public and private peers based on sector, stage, and business model.
Sturdy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Mar 15, 2022 |
Sturdy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Block.one | Seed |
| Orange DAO | Seed |
| KuCoin Ventures | Seed |
| Y Combinator | Seed |
| Pantera Capital | Seed |
Sturdy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Sturdy's valuation, stock price, and market status.
