Gauntlet was founded in 2018 by Rei Chiang and Tarun Chitra. It has its headquarter in Brooklyn, United States.
Gauntlet builds a blockchain simulation and testing platform for financial systems. The company's blockchain simulation and the testing platform run a series of simulations to test the client's protocol or smart contract and gain intuition on how design choices affect behavior, thereby helping financial institutions by providingtransparency and greatly reducing the cost of experimentation so that teams can rapidly design, launch, and scale new decentralized systems.
Gauntlet is a financial modelling platform that uses battle-tested techniques from the algorithmic trading industry to inform on-chain protocol management. The Gauntlet platform leverages agent-based simulation to tune a protocol's key parameters, improving capital efficiency, fees, risk, and incentives. DeFi protocols using the platform can maximize their capital efficiency and stakeholder returns while minimizing risk.
Gauntlet’s mission is to drive understanding and participation in the financial systems of the future.
Gauntlet’s blockchain simulation provides transparency and greatly reduces the cost of experimentation so that blockchain protocols and smart contracts are safe for users.
Gauntlet has raised a total of $44.8M in funding over 4 rounds and is funded by 8 investors.
Below, are the details of the different rounds of funding received by Gauntlet .
Number of Investors
First Round Capital
Gauntlet has made no acquisitions yet.
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