Defi For Construction Finance Startup Rigor Raises $3.5M To End Housing's Affordability Crisis
Jun 16, 2022•about 3 years ago
Amount Raised
$3.5 Million
Round Type
seed
Description
Rigor, an innovative decentralized finance (DeFi) protocol for construction lending and payments, has secured $3.5m in institutional seed financing from an honor roll of venture funders–-Agya Ventures, Bain Capital Ventures, Digital Currency Group, Flow Ventures, Koji Capital, and Third Prime. Proceeds will be used to industrialize capabilities, open source the software for developers, introduce ownership incentives, grow the team, and scale the protocol globally.