Compound

Mission and key concepts

The majority of cryptocurrencies sit idle on exchanges and in wallets, without yielding interest. We're on a mission to change that.

 Compound is an interest rate protocol on the Ethereum blockchain, that lets developers create new financial applications that are global, safe, and open. The Compound protocol is one of the largest DeFi protocols on earth, with over $15 billion earning interest, and moving billions of dollars of assets every day.

At Compound Labs we develop the protocol and new tools, alongside a community of users and COMP token-holders.

Culture / Vision

We are a cutting edge team building high-caliber technology that has a massive impact on the future of decentralized finance. 

History and Achievements

Compound was founded in 2017 by serial entrepreneurs Robert Leshner and Geoffrey Hayes, whose previous firm, Britches, aggregated inventory from local shops to be sold on PostMates. 

In 2018 Compound raised $8.2 million in funding from notable venture capital firms Andreessen Horowitz and Bain Capital Ventures, the venture-capital arm of the consulting firm Bain.

Compound raised an additional $25 million in 2019 from many of the same investors, along with new participants like Paradigm Capital, a fund started by a co-founder of Coinbase.

Core team

• Robert Leshner - CEO & Co-Founder
• Geoffrey Hayes - CTO & Co-Founder

Benefits & Perks

• Stock options in Compound Labs
• 3+ weeks of vacation
• Paid parental leave
• Full medical, dental, and vision insurance
• Company on-sites across the world