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New York-based PoolTogether LLC runs a decentralized savings protocol where users can deposit funds for a chance to win prizes.
Founded in 2019 and headquartered in New York, US, PoolTogether LLC lets users deposit funds to earn yield and win prizes, with withdrawals allowed at any time. It serves over 136,000 unique wallets. On May 18, 2021, the company raised USD 5.95 mn with investors including Dragonfly Capital, Galaxy Digital, Maven 11 Capital, and returning investors Nascent and ParaFi Capital. Founder Scott Steward has prior venture experience.
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