United States · 
Who invested in dYdX?
dYdX's investors include Dragonfly Capital Partners, Naval Ravikant, A16z Crypto, Kindred Ventures and Elad Gil, and 7 more on record.
United States · Series A startup
Who invested in dYdX
Funding summaryUpdated 26 Oct 2026
$10Mraised across 1 round since 2018, from 1 source
- Latest round
- Series A, $10MOct 2018
- Investors
- 12
The rounds
- Oct 2018Series A$10M
Dragonfly Capital Partners
Naval Ravikant
A16z Crypto
Kindred Ventures
Elad Gil
Kevin Hartz
Bain & Company
1confirmation- Craft
- Fred Ehrsam
- Polychain Capital/ Abstract
- VY
Reported by Medium
Everyone who backed them
CraftGrowth equity1round
Fred EhrsamVC firm1round
Polychain Capital/ Abstractno record of our own yet1round
VYno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 8 firms list dYdX as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about dYdX
How much has dYdX raised?
dYdX has raised $10M across 1 round since 2018.
When did dYdX last raise?
dYdX's most recent round was a Series A of $10M in Oct 2018.
What was dYdX's biggest round?
Its most recent round, $10M in Oct 2018, is also its largest on record.
Who backed dYdX first?
dYdX's first round on record, in Oct 2018, was backed by Dragonfly Capital Partners, Naval Ravikant and A16z Crypto and 9 others.
What stage is dYdX at?
dYdX's latest named round is a Series A, in Oct 2018.
Where is dYdX based?
dYdX is based in the United States.
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