L
Lava
Fintech · Wilmington, United States · Founded 2022
Fast and secure bitcoin-backed loans MoreLess
Lava.xyz operates as a financial platform centered on Bitcoin, established in January 2022 by founder and CEO Shehzan Maredia. Maredia, formerly an engineer on Google's Cloud AI team, was motivated by his family's immigrant background and the belief that the traditional financial system is flawed. He envisioned a simpler way for individuals to save in Bitcoin while spending in dollars, leading to Lava's creation.
The company's core business revolves around providing Bitcoin-collateralized loans, allowing users to access dollar liquidity without selling their Bitcoin holdings. This service targets Bitcoin holders who wish to retain their assets while covering expenses like home purchases, tuition, or medical care. The business model generates revenue through interest on these loans, offering fixed rates starting at 5%. The platform functions as a Bitcoin-native financial system, emphasizing self-custody and on-chain transparency to avoid the pitfalls of previous crypto lending cycles.
Lava's primary offering is a bitcoin-backed line of credit (BLOC), which functions like a revolving account, allowing users to borrow, repay, and borrow again as needed. A key feature is the "Lava Vault," a self-custody wallet that uses a 2-of-2 multisignature recovery system tied to a user's cloud account and a PIN, eliminating the need for traditional seed phrases. The platform also provides a Visa card that enables users to spend from their loan balance and earn rewards in Bitcoin. For lenders, the platform offers an opportunity to earn a 7.5% APY by funding the fully collateralized loans.
The company has secured significant funding to support its growth. After an initial $10 million Series A led by Founders Fund and Khosla Ventures in December 2024, Lava raised an additional $17.5 million in October 2025, bringing its total funding to over $27 million. These funds are allocated to expanding the company's infrastructure for Bitcoin-denominated financial products.
Keywords: Bitcoin-backed loans, crypto lending, financial services, Shehzan Maredia, Bitcoin collateral, dollar liquidity, self-custody wallet, digital assets, fintech, Founders Fund, Khosla Ventures, bitcoin line of credit, BLOC, multi-signature recovery, crypto-collateralized loans, spend in dollars, save in bitcoin, on-chain transparency, Lava Vault, crypto lending platform
Company overview
Lava company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2022
- Headquarters
- Wilmington, United States
- Employees
- 35
- Open positions
- None listed
- Dealroom signal
- 89.6
Valuation & funding
Lava funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Nov 2025 | $0 | — | Anthony Pompliano · Eric Jackson | ↗ |
| DEBT✓Debt | Nov 2025 | $200M | — | Eric Jackson · Anthony Pompliano | ↗ |
| SERIES A✓Equity / VC | Oct 2025 | $18M | $70M | Aaron Suplizio · Bijan Tehrani · Peter Jurdjevic · Terry Angelos | ↗ |
| SERIES A✓Equity / VC | Jul 2024 | $10M | $40M | GV · Peter Thiel · Vinod Khosla · Youbi Capital | ↗ |
Financials
Workforce over time
Available workforce history. Financial fields without reported data are omitted.
| Year | Employees |
|---|---|
| 2026 | 35 |
| 2025 | 11 |
Growth signals
Lava website traffic
Latest recorded traffic for Lava is 29K monthly website visits, down 80.7% over the last three months. Lava's team grew 218.2% over the past year.
Comparisons
Lava compared with similar companies
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Talent graph
Lava's talent
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Global footprint
Where Lava has talent and traffic
team presence
In the news
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Market sentiment
What the market is saying about Lava
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