# Archimedes

**Source:** https://www.startuphub.ai/startups/archimedes
**Profile type:** Startup

> Open-source lending protocol for superior capital efficiency in Decentralized Finance (DeFi).

## About

Archimedes is an open-source lending protocol focused on enhancing capital efficiency within Decentralized Finance (DeFi). Their flagship product, the Archimedes Vault, aims to drive DeFi's growth by building on robust liquidity management solutions and offering increased flexibility to users.

## Key facts

- **Slug:** archimedes
- **Website:** http://www.archimedesfi.com/
- **Founded:** 2022-03-20 00:00:00
- **Employees:** 2
- **Operating status:** Active
- **Total funding:** $7M
- **Sectors / tags:** Fintech, DeFi, Blockchain, Lending, Open Source, Lending Protocol, Capital Efficiency, Liquidity Management, Web3, Decentralized Finance
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/archimedesfi/
  - Twitter: https://twitter.com/ArchimedesFi
  - GitHub: https://github.com/thisisarchimedes

## Frequently asked

### What does Archimedes do?

Archimedes is an open-source lending protocol focused on enhancing capital efficiency within Decentralized Finance (DeFi). Their flagship product, the Archimedes Vault, aims to drive DeFi's growth by building on robust liquidity management solutions and offering increased flexibility to users.

### What is Archimedes's revenue?

StartupHub estimates Archimedes's annual revenue at $426K (range $232K to $1.9M, 64% confidence), based on comparable companies in the sector.

### What is Archimedes's valuation?

StartupHub estimates Archimedes's effective valuation at $29.6M (range $18.3M to $43.8M, 10% confidence), based on comparable companies in the sector.

### How much funding has Archimedes raised?

Archimedes has raised a total of $7M in funding. The most recent round on record is Seed.

### When was Archimedes founded?

Archimedes was founded in 2022.

### What industry does Archimedes operate in?

Archimedes operates in Fintech, DeFi, Blockchain, Lending, Open Source, Lending Protocol.

### How many employees does Archimedes have?

Archimedes has approximately 2 people on record.

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