Exponential, a platform for decentralised finance (DeFi) investment discovery and risk evaluation, has secured $14 million in a seed round lead by crypto-focused investment firm Paradigm. Other investors in the round included Haun Ventures (Andreessen Horowitz alum Katie Haun’s venture capital firm), the venture capital arm of cryptocurrency exchange FTX, the Solana and Polygon blockchains, and the investment arm of USDC stablecoin issuer Circle, among others. The Exponential platform includes an institutional-grade risk assessment engine that examines a user’s existing investments for potential dangers in the underlying protocols, assets, and blockchains.
