# MakerDao funding: rounds and investors

> MakerDao has raised $15M across 1 round since 2018. Investors include Andreessen Horowitz. Every round with its source.

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

Denmark · [Funded startup](https://millionrounds.com/companies)

# Who invested in *MakerDao*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2018, from 1 source

- **Latest round:** Round, $15M Sept 2018
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2018** Round **$15M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Reported by Cointelegraph

## Everyone who backed them

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

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

## Also claim to have backed them

These 6 firms list MakerDao 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.

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

[1kx](https://millionrounds.com/fund/1kx) VC firm 2019, per its site

[1confirmation](https://millionrounds.com/fund/1confirmation) VC firm Per its own site

[IOSG Ventures](https://millionrounds.com/fund/iosg-ventures) VC firm Per its own site

[Hex Capital](https://millionrounds.com/fund/hex-capital) Private equity Per its own site

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

## Quick answers about MakerDao

### Who invested in MakerDao?

MakerDao's investors include Andreessen Horowitz.

### How much has MakerDao raised?

MakerDao has raised $15M across 1 round since 2018.

### When did MakerDao last raise?

MakerDao's most recent round was an Undisclosed round of $15M in Sept 2018.

### What was MakerDao's biggest round?

Its most recent round, $15M in Sept 2018, is also its largest on record.

### Who backed MakerDao first?

MakerDao's first round on record, in Sept 2018, was backed by Andreessen Horowitz.

### What stage is MakerDao at?

MakerDao's latest named round is an Undisclosed round, in Sept 2018.

### Where is MakerDao based?

MakerDao is based in Denmark.

## Companies like MakerDao

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

[**Partisia** Feb 2026](https://millionrounds.com/company/partisia)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Peso** Oct 2026](https://millionrounds.com/company/peso)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**EFY Finance** Oct 2026](https://millionrounds.com/company/efy-finance)

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