- Raised $3.5M Seed round led by Greenfield One, Aug 2021
About
Hats Finance is a decentralized platform dedicated to enhancing Web3 security. It leverages audit competitions, bug bounties, and other security mechanisms to protect DeFi protocols and their users. The platform's model is based on aligning incentives between security researchers (white hat hackers) and DeFi projects. Hats Finance aims to make decentralized security (DeSec) accessible to everyone, transforming the landscape of Web3 security by providing tools that enable continuous and autonomous security. The platform offers Web3 native security solutions, including audit competitions and bug bounties, designed to enhance protocol security, foster community involvement, and streamline the development lifecycle of Web3 projects. Hats Finance operates on a non-custodial approach, allowing projects complete control, reducing fees, and embracing a pay-for-results model. It also features an on-chain submission system to ensure top-tier reports are forwarded to teams. The platform is transitioning to a decentralized model, with the Hats protocol continuing to operate on-chain under a decentralized autonomous organization (DAO).
Funding history · 1 round · $3.5M total
Offices
Q&A
- What is Hats Finance's primary business?
- Hats Finance is a decentralized platform focused on enhancing Web3 security through audit competitions and bug bounties for DeFi protocols and their users.
- When was Hats Finance founded?
- Hats Finance was founded in 2017.
- Where is Hats Finance headquartered?
- Hats Finance is headquartered in Tel Aviv, Israel.
- What is Hats Finance's total funding to date?
- Hats Finance has raised a total of $3,500,000 to date.
- When did Hats Finance complete its Seed funding round and who were the lead investors?
- In August 2021, Hats Finance completed a Seed funding round with lead investors Lemniscap and Accomplice.
- Who is the founder of Hats Finance?
- Shay Zluf is listed as the Ideation & CTO and a founder of Hats Finance.
- What are the core technologies utilized by Hats Finance?
- Hats Finance utilizes Blockchain, Smart Contracts, and Decentralized Autonomous Organization (DAO) as its core technologies.
- What business models does Hats Finance employ?
- Hats Finance operates on a Platform as a Service (PaaS) model and a fee-based (pay-for-results) model.
Team · 3
Sectors & technology
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | hats.finance |
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Identifiers & details
| Founded | 2017 |
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Radar intelligence
Web history (Wayback)
| Domain | hats.finance |
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