Dharma, founded in 2017 and headquartered in the United States, is positioned at the intersection of Blockchain, Finance, Fintech, and Lending and Investments. Known for its slogan, "The easiest, simplest way to invest in the growing world of DeFi, Web3, and NFTs," Dharma leverages Ethereum-based smart contracts to facilitate secure, non-custodial, peer-to-peer lending globally.
The company's innovative approach eliminates the necessity of trust in counter-parties by relying on robust math and cryptography. Dharma aims to offer radically transparent financial solutions that align with their mission of delivering services that "can't be evil."
Backed by leading investors in the crypto space, including YCombinator, Polychain Capital, Green Visor Capital, and Coinbase Ventures, Dharma last secured a Series A investment from Protofund on 15 February 2021. This underscores the confidence placed by prominent investors in their disruptive business model.