United States · Information technology & services startup

Reflexer Labs

Reflexer Labs is a decentralized finance (DeFi) company dedicated to creating open-source, on-chain monetary infrastructure for Ethereum.

Funding reportedLast round: Seed

Information technology & servicesWilmington, United States

About Reflexer Labs

Reflexer Labs is a decentralized finance (DeFi) company dedicated to creating open-source, on-chain monetary infrastructure for Ethereum.

Its mission is to establish a stable, secure, and fiat-independent native unit of account within the ecosystem. The company's main product is RAI, a non-pegged, ETH-backed stable asset that aims to maintain stability without being tied to fiat currencies. Reflexer Labs also develops the GEB framework and related on-chain autonomous controller systems, which facilitate the deployment of stablecoin-like systems and financial mechanisms in smart contracts. Reflexer Labs offers services in protocol development, open-source software engineering, analytics, and community support for the RAI ecosystem. Its target audience includes crypto-native users, DeFi participants, and Ethereum ecosystem builders seeking a stable collateral asset or an alternative to traditional pegged stablecoins. RAI is also positioned as a valuable collateral type and stable reserve asset for various DeFi projects.

What company datasets say Reflexer Labs raised

Funding, as reported

Reported in all$5.8Min dollars
Rounds2
Last roundSeed
Last round size$4.1M
Last round dateFeb 2021
Investors listed6

Founders and team

From the SEC filings it signed: 1 on the team.

  • Stefan-Codrin IonescuExecutive Officer, Directori

On 3 portfolio pages

Investors who name them

Each firm lists Reflexer Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

blockchaindecentralized financemarket statisticssmart contractsdefistablecoinrai market historydefi governanceinformation technology & servicesstakingfinancial servicesfinanceeth backinguniswap v3system parametersnetwork security

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Sector
Information technology & services
Industry code
NAICS 5231, SIC 6289
Region
Delaware
Full record
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Information technology & services in United States

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