Impossible Finance

About

Impossible Finance uses decentralised financial protocols to give everyone the same access to financial products.

Palo Alto,California,United States
1 - 10
https://impossible.finance/

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $7M
Industries: Blockchain,Cryptocurrency,Financial Services
Founded date: Jan 1, 2019
Number Of Employee: 1 - 10
Operating Status: Active
Investor Type: Incubator

Impossible Finance uses decentralized financial protocols to give everyone the same access to financial products, which were previously only available to institutions and select individuals.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$7M

Impossible Finance has raised a total of $7M in funding over 2 rounds. Their latest funding was raised on Jun 3, 2021 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 3, 2021	Seed	$7M	33	Alameda Research CMS Holdings Hashed True Ventures	—	Detail
Jul 22, 2020	Seed	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

9

1

Impossible Finance has made 9 investments. Their most recent investment was on Sep 9, 2022, when KNN3 Network raised $2.40M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Sep 9, 2022 KNN3 Network	Seed	$2.40M	Blockchain	—
Jun 27, 2022 Flowdesk	Series A	$30M	Cryptocurrency	—
Apr 18, 2022 Aura Network	Seed	$5M	Blockchain	—
Apr 1, 2022 Releap	Seed	—	Blockchain	—
Feb 23, 2022 Bware Labs	Series A	$6M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

4

34

Impossible Finance is funded by 34 investors. Alameda Research and CMS Holdings are the most recent investors.

Investor Name	Lead Investor	Funding Round
Alameda Research	Yes	Seed
CMS Holdings	Yes	Seed
Hashed	Yes	Seed
True Ventures	Yes	Seed
Lemniscap	—	Seed
AngelDAO	—	Seed
Betty Chen	—	Seed
BitScale	—	Seed
Bobby Ong	—	Seed
BR Capital	—	Seed