Rigor is a Miami and Orlando, FL-based decentralized finance (DeFi) protocol that focuses on construction lending and payments. Its platform enables lenders to find and finance building projects and provides transparency into the flow of digital dollars, governed by smart contracts on a blockchain. Rigor automates payments to small businesses responsible for completed and verified construction tasks, enabling immediate and direct payouts. Lenders are repaid a fixed-yield rate with interest when the home is sold. The company plans to industrialize its capabilities, open source the software for developers, introduce ownership incentives, grow the team, and scale the protocol globally. Rigor's beta is live, with digital asset lenders and homebuilders building homes in Central Florida, and it recently secured seed financing.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2022