JellyFi is a capital-efficient DeFi lending protocol that enables uncollateralized crypto loans. Institutional borrowers can obtain flexible and competitive loan terms. Uncollateralized loans function as a revolving line of credit, giving borrowers flexibility for recurrent and short term liquidity needs. Lenders access higher returns with granular control over their investment portfolios. There is no idle capital on JellyFi. Lenders earn high interest on actively loaned out capital, and unused capital is placed on a trusted third-party liquidity protocol, while simultaneously earning additional returns from JellyFi. JellyFi enables trusted borrowing and lending, opening a range of use cases for borrowers.
Employees: 11-50
Total raised: $4.4M
Founded date: 2021
Investors 1
| Date | Name | Website |
| 09.12.2021 | Tioga Capi... | tioga.capi... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.12.2021 | Seed | $4.4M | Tioga Capi... |
Mentions in press and media 5
| Date | Title | Description |
| 13.12.2021 | Jellyfi Raises $4.4M in Seed Funding | JellyFi, a capital-efficient DeFi lending protocol that will soon enable uncollateralized crypto loans, closed a seed funding round of $4.4M. The round was led by Lemniscap, and joined by ParaFi Capital, Tioga Capital, White Star Capital, D... |
| 08.12.2021 | JELLYFI Raises $4.4 Million Seed Round To Bring Uncollateralized Crypto Loans To Defi Backed By Lemniscap, Parafi Capital, Tioga Capital And Others | JellyFi to address capital inefficiencies in the DeFi lending market by enabling uncollateralized crypto loans for institutional borrowers JellyFi, a capital-efficient DeFi lending protocol that will soon enable uncollateralized crypto loan... |
| 08.12.2021 | ‘DeFi 2.0’ Platform JellyFi Raises $4.4M Seed Round | JellyFi, a decentralized finance (DeFi) platform specializing in under-collateralized crypto loans, has raised $4.4 million in a seed funding round led by Lemniscap. Also included in the round were ParaFi Capital, Tioga Capital, White Star ... |
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