Cork

New York, NY · Founded 2023 · Privately Held (backing)

Developer of a decentralized finance platform designed for risk management and asset stability. Cork is based in New York, NY and was founded in 2023. Its last reported valuation was $46 million in Jan 2025. It has raised $13.5 million.

Last reported valuation
$46.0M
Oct 2026
Priced at
—
Total raised
$13.5M
Last round
—

Cork key facts

as of Oct 2026
  • Developer of a decentralized finance platform designed for risk management and asset stability.
  • Cork is valued at approximately $46.0M as of Oct 2026 (last reported valuation).
  • It has raised $13.5M; the latest was Seed Round ($5.5M) in Jan 2026.
  • Notable investors include Andreessen Horowitz, Orange DAO, WAGMI Ventures (Texas), Hyperithm, DEPO Ventures — 22 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$46.0M

Cork's last reported valuation, Jan 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Cork funding rounds

No rounds on record

No funding rounds for Cork are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Cork valuation

Cork's last reported valuation was $46 million in Jan 2025. No priced round, secondary trade or fund mark has surfaced since.

Cork investors

22 investors are on record for Cork, including Andreessen Horowitz, Orange DAO, WAGMI Ventures (Texas) and Hyperithm. By type, the record holds 4 venture capital firms and 2 hedge funds.

About Cork

Developer of a decentralized finance platform designed for risk management and asset stability. The company's platform provides a peer-to-peer marketplace where users can purchase or sell protection against price fluctuations in pegged digital assets through the creation of collateralized derivative contracts and specialized depeg swaps, enabling investors to hedge against the technical failures of stablecoins and optimize capital efficiency within on-chain credit markets.

Sector
Information Technology
HQ
New York, NY, United States
Founded
2023
Employees
13
Website
cork.tech/
Ownership
Privately Held (backing)

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