Friktion Overview
- Status
- Private
- Latest Deal Type
- Early Stage VC
- Latest Deal Amount
- $5.5M
- Investors
- 20
Friktion General Information
Description
Developer of a decentralized finance (DeFi) portfolio management platform designed for sustainable and smart investing. The company offers an automated portfolio manager (APM) to generate profits over the market cycles where investors can simply enter their existing portfolio information, including spot trading, perpetuals, liquidity, and then use Friktion to determine how to protect and grow the asset better. helping users to maximize profits and monitor profit fluctuations in different markets.
Contact Information
Website
friktion.fi
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Application Software
Primary Office
- Zug
- Switzerland
Friktion Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Early Stage VC | 13-Jan-2022 | $5.5M | 00.00 | Completed | Generating Revenue |
Friktion Executive Team (2)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Uddhav Marwaha | Co-Founder & Chief Executive Officer | ||
| Alex Wlezien | Co-Founder |
Friktion Investors (20)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Alameda Research Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Castle Island Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| CMS Holdings | Corporation | Minority | 000 0000 | 000000 0 | |
| DeFiance Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Delphi Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |