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Steer Protocol - Seed
Overview
About Steer Protocol - Seed
Steer Protocol has raises $1.5 million in Seed funding round led by Druid Ventures, with other investors included Republic Capital and Big Brain Holdings, among other notable VC firms and angel investors. The new funding will be use to expedite the continued development and imminent deployment of Steer Protocol's innovative offerings, which are expected to provide significant benefits to DeFi projects and stakeholders across the board.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 8 | -- | ||
| Corporate | Unknown | 2019 | 13 | -- | ||
| Fund | United States of America | -- | 131 | -- |
Founders & Team
Derek Barrera
Deepak Gupta
Company Profile / Project Introduction
Steer is a decentralized computing protocol focused on addressing the challenges of infrastructure and data in building, securing, and deploying decentralized Web3 backends. Using Steer Protocol, developers can write cross-chain apps using various programming languages, connect to secured data sources, and execute on any blockchain using the provided infrastructure. This empowers developers to automate tasks such as liquidity management, loan payments, asset management, governance, cross-chain actions, trading strategies, oracles, and protocol operational tasks like reward distribution, airdrops, and more.