Llama, a NYC-based provider of an access control and governance platform for smart contracts, raised $6M in Seed funding.
The round was led by Founders Fund and Electric Capital. Other investors included Elad Gil (early investor in Stripe, Airbnb, Figma), Sandeep Nailwal (Cofounder, Polygon), Stani Kulechov (Founder, Aave), Will Gaybrick(President of Product, Stripe), Amplify Partners, and FJ Labs.
The company intends to use the funds to expand operations and its business reach.
Co-founded by Shreyas Hariharan and Austin Green, Llama provides an access control and governance platform for smart contracts, which enables protocols to securely take actions using onchain policies and custom execution strategies. It allows protocols to encode roles, permissions, and execution strategies to define workflows to take onchain actions. Actions could include upgrading a protocol, transferring funds, updating a registry, changing protocol parameters, or activating an emergency pause.
Llama is currently onboarding customers who are looking for an onchain access control and governance solution.