Fundraising Fox

Element Finance

North Richland Hills, US · Founded 2020 · Delaware corporation · 2 known investors

Open source DeFi protocol enabling users to seek high fixed yield income on the blockchain.

Founders & leadership

Element Finance was founded in 2020 by Jonathan Rhea and William Shatswell Villanueva.

JR
Jonathan RheaChief Financial Officer and Secretary
WS
William Shatswell VillanuevaPresident and Chief Executive Officer

Investors · 2

Advanced BlockchainBerlin
Polychain CapitalreportedSan Francisco · $100K – $10M

Reported raises · per SEC filings

Form D private placements

$36.4M disclosed across 2 rounds · 2020–2021

▶$32MraisedDec 2021 · 36 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • William Shatswell VillanuevaExecutive Officer, Director
  • Eli KrenzkeDirector
  • Jonathan RheaExecutive Officer
Offering amount
$32M
Amount sold
$32M
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.4MraisedApr 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan RheaExecutive Officer
  • William Shatswell VillanuevaExecutive Officer, Director
Offering amount
$4.4M
Amount sold
$4.4M
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Element Finance Raises $32M Series A at a $320M Valuation | by Will Villanueva | DELV (Formerly Element Finance) | Mediummedium.com · Oct 2021Element Finance raises $32 million for its DeFi fixed rate protocol | TechCrunchtechcrunch.com · Oct 2021DeFi Protocol Element Finance Raises $32M in Series A Roundcoindesk.com · Oct 2021Element Finance Raises $4.4M to Bring Liquidity to Fixed Rate Income and Interest Markets | by Will Villanueva | DELV (Formerly Element Finance) | Mediummedium.com · Jun 2021Element Finance raises $32m in Series A funding, Sarah Wolternews.fintech.io

Frequently asked questions

What does Element Finance do?
Open source DeFi protocol enabling users to seek high fixed yield income on the blockchain.
Who founded Element Finance?
Element Finance was founded by Jonathan Rhea, William Shatswell Villanueva in 2020.
Who are Element Finance's investors?
Element Finance's investors include Advanced Blockchain, Polychain Capital.
How much funding has Element Finance raised?
Element Finance has disclosed $36.4M raised across 2 rounds.
Where is Element Finance headquartered?
Element Finance is headquartered in North Richland Hills, US.