Stride Labs is a technology company.
Stride Labs has raised $7.0M across 1 funding round.
Key people at Stride Labs.
Stride Labs was founded by Sam Khavari (Co-Founder & CTO).
Stride Labs has raised $7.0M in total across 1 funding round.
Stride Labs is a blockchain technology company specializing in liquid staking solutions within the Cosmos ecosystem. It provides the first liquid staking token (LST) service, enabling users to stake assets like ATOM for rewards while maintaining liquidity to participate in lending, DeFi, and liquidity provision, thus compounding yields without locking funds.[1][4]
Founded in 2022, Stride Labs serves Cosmos ecosystem users, including stakers and DeFi participants, solving the problem of illiquid staked assets by issuing tokens like stATOM. The company raised $6.7M in a seed round shortly after launch and achieved mainnet deployment in September 2022, quickly becoming a key infrastructure player as the second ICS consumer chain on the Cosmos Hub by July 2023.[1]
Stride Labs was founded in June 2022 by co-founders Riley (Twitter: @interchainriley, Co-Founder & CEO), Aidan Salzmann (Twitter: @aidan0x, Founder & CEO), and Vishal (Twitter: @shellvish, Founder & CEO), all with expertise in blockchain and the Cosmos ecosystem.[1][4]
The idea emerged from the need for liquid staking in Cosmos, a fast-growing interoperability-focused blockchain network. Early traction was rapid: just two months after founding, they secured $6.7M in seed funding in August 2022, followed by mainnet launch in September 2022 introducing stATOM, the ecosystem's first LST. Pivotal moments include becoming the second Interchain Security (ICS) consumer chain on the Cosmos Hub in July 2023 and ongoing expansions into multichain services by 2024.[1]
(Note: Other entities named Stride Labs exist in orthotics AI [2] and nonprofit tech services [3], but context confirms this as the blockchain firm.[1][4])
Stride Labs rides the liquid staking trend in blockchain, where DeFi growth demands flexible capital—global LST market cap exceeded billions by 2024, with Cosmos gaining from interoperability via IBC (Inter-Blockchain Communication).[1]
Timing aligns with Cosmos's maturation post-2022 upgrades like ICS, enabling consumer chains to leverage Hub security; market forces like rising staking adoption (ATOM TVL growth) and multichain DeFi favor Stride's model.[1] It influences the ecosystem by boosting liquidity, attracting developers to Cosmos apps, and competing with Ethereum LSTs like Lido, while strengthening Cosmos as a rival to centralized chains.
Stride Labs is poised for expansion as a multichain LST leader, likely integrating more Cosmos chains and IBC-enabled networks amid 2025-2026 DeFi resurgence. Trends like restaking and AI-blockchain hybrids could amplify its yield compounding, with influence growing via deeper Hub ties and potential partnerships.
This positions Stride as core Cosmos infrastructure, compounding user assets much like its core product unlocks staked capital value.
Key people at Stride Labs.
Stride Labs was founded by Sam Khavari (Co-Founder & CTO).
Stride Labs has raised $7.0M in total across 1 funding round.
Stride Labs's investors include AirAngels, AngelList, Dorm Room Fund, Harlem Capital, Pareto Holdings, Picus Capital, Polygon, Shaan's All Access Fund, Tiger Global Management, Weekend Fund, Scott Belsky.
Stride Labs has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $7.0M Seed | AirAngels, AngelList, Dorm Room Fund, Harlem Capital, Pareto Holdings, Picus Capital, Polygon, Shaan's All Access Fund, Tiger Global Management, Weekend Fund, Scott Belsky |