The round was led by Bain Capital Crypto with participation from Archetype and Robot Ventures. Flood provides decentralized application (dApp) developers with a suite of tools for owning and managing the entire lifecycle of their application's order flow. As the only decentralized exchange (DEX) currently available on the market with operational hooks, the user experience allows traders to quickly settle their transactions while seamlessly staying within the Flood ecosystem.

Flood's protocol - composed of an innovative liquidity aggregator, settlement contract, internally built heavily-optimized solver, and logic-adding hooks - equips developers with a customizable toolkit for creating the optimal routing system for their specific needs. Flood has seen over $1.3 million of volume across ~30,000 total trades since it went live in November 2023. With virtually zero initial configuration, developers can begin using Flood to monetize their application's order flow and provide their users with gasless trading, optimal routing, and the best possible execution quality. Flood's Optimal Fulfiller is also usable via their DEX, FloodSwap, which has already netted traders several thousands of dollars in surplus.