# Lido funding: rounds and investors

> Lido has raised $27M across 2 rounds since 2019. Investors include Andreessen Horowitz, Coinbase Ventures and Digital Currency Group.

Source: https://millionrounds.com/company/lido (Millionrounds; every figure on the page links to its filing or article)

India · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Lido*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$27M** raised across 2 rounds since 2019, from 2 sources

**$3.0M** Series A **$24M** Venture

- **Latest round:** Venture, $24M Aug 2022
- **Step-up i:** 8×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020 2021 2022

**$3.0M** Series A

**$24M** Venture

- **First round:** Series A, $3.0M
- **Biggest round:** $24M
- **Between rounds:** 2.8 years

## The rounds

- **Aug 2022** Venture **$24M** *4 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) [Paradigm](https://millionrounds.com/fund/paradigm) Source recorded
- **Nov 2019** Series A **$3.0M** *5 new* [Anupam Mittal](https://millionrounds.com/fund/anupam-mittal) [Ronnie Screwvala](https://millionrounds.com/fund/ronnie-screwvala) [Arihant Patni](https://millionrounds.com/fund/arihant-patni) Ananth Narayanan Vikrampati Singhania Reported by Indianweb2

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2019 **Venture** 2022 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) [Paradigm](https://millionrounds.com/fund/paradigm) [Anupam Mittal](https://millionrounds.com/fund/anupam-mittal) [Ronnie Screwvala](https://millionrounds.com/fund/ronnie-screwvala) [Arihant Patni](https://millionrounds.com/fund/arihant-patni) Ananth Narayanan Vikrampati Singhania

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm **1** round

[Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round

[Anupam Mittal](https://millionrounds.com/fund/anupam-mittal) Angel **1** round

[Ronnie Screwvala](https://millionrounds.com/fund/ronnie-screwvala) Angel **1** round

[Arihant Patni](https://millionrounds.com/fund/arihant-patni) Angel **1** round

Ananth Narayanan no record of our own yet **1** round

Vikrampati Singhania no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lido).

## Also claim to have backed them

These 14 firms list Lido 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.

[Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm Per its own site

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm Per its own site

[Prelude](https://millionrounds.com/fund/prelude) VC firm Per its own site

[Reshape](https://millionrounds.com/fund/reshape-ventures) VC firm Per its own site

[AlphaDAO](https://millionrounds.com/fund/alphadao) Investment firm Per its own site

[BR Capital](https://millionrounds.com/fund/br-capital) VC firm Per its own site

[Cherry Crypto](https://millionrounds.com/fund/cherry-crypto) VC firm Per its own site

[Decentral Park Capital](https://millionrounds.com/fund/decentral-park-advisors-llc) VC firm Per its own site

[DeepTech Ventures](https://millionrounds.com/fund/deeptech-ventures-2) Angel network Per its own site

[Hyperscale Fund](https://millionrounds.com/fund/hyperscale-fund) Hedge fund Per its own site

[Miton C](https://millionrounds.com/fund/mitonc) VC firm Per its own site

[Space Whale Capital](https://millionrounds.com/fund/space-whale-capital) Investor Per its own site

[Standard](https://millionrounds.com/fund/standard) VC firm Per its own site

[Standard Crypto](https://millionrounds.com/fund/standard-crypto) VC firm Per its own site

## Quick answers about Lido

### Who invested in Lido?

Lido's investors include Andreessen Horowitz, Coinbase Ventures, Digital Currency Group, Paradigm and Anupam Mittal, and 4 more on record.

### How much has Lido raised?

Lido has raised $27M across 2 rounds since 2019.

### When did Lido last raise?

Lido's most recent round was a Venture of $24M in Aug 2022.

### What was Lido's biggest round?

Its most recent round, $24M in Aug 2022, is also its largest on record.

### Who backed Lido first?

Lido's first round on record, in Nov 2019, was backed by Anupam Mittal, Ronnie Screwvala and Arihant Patni and 2 others.

### What stage is Lido at?

Lido's latest named round is a Venture, in Aug 2022.

### Where is Lido based?

Lido is based in India.

## Companies like Lido

In the same sector, and raised in the last eighteen months.

[**Mesa School of Business** $16M · Oct 2026](https://millionrounds.com/company/mesa-school-of-business)[**byteXL** $15M · Oct 2026](https://millionrounds.com/company/bytexl)[**Temple** $59M · Feb 2026](https://millionrounds.com/company/temple)[**Emversity** $30M · Jan 2026](https://millionrounds.com/company/emversity)[**CoinDCX** Oct 2025](https://millionrounds.com/company/coindcx)[**Vedantu** $75M · Sept 2025](https://millionrounds.com/company/vedantu)

## Find investors like these

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