DeFiSafety Completes its Seed Raise

Rex Hygate
DeFi Safety
Published in
2 min readAug 5, 2021


We at DefiSafety are pleased to announce that our seed round has closed with 1M$ raised. This round was led by Andre Cronje, with investments from Leo Cheng of C.R.E.A.M. Finance, Griff Green, Corey Petty, Shahar Abrams, Jeff Issis, Pedar Muller, Jonathan Boateng, and Wot_is_going_on. Crypto funds investing include MetaCartel Ventures, Feleman, Owl Ventures, NetX Fund, Turn Capital and Immunefi.

DeFiSafety aims to be the premier independent quality organization in the Decentralized Finance industry. Our company is focused on rating Ethereum Decentralized Finance applications on software process, as well as documentation quality and transparency. DefiSafety was founded as a resource where users can get access to effective and impartial information.

Since we started over a year ago, we have successfully published over 150 Process Quality Reviews of DeFi protocols on Ethereum, Binance, Polygon, and Avalanche chains, and others. We strive to continue improving our processes, such as adding Oracle and TimeLock ratings.

We are excited to announce that going forward, with MagicPowered and Drive Marketing, we will bring out a full brand and website redesign. Additionally, This funding will allow us to develop new products that will give more accurate, reliable and quality information to the DeFi community.

At DefiSafety, we will grow as per our mantra; objectivity, transparency, independence.