BlockFi Overview
- Founded
-
2017
- Status
-
Private
- Employees
-
800
- Latest Deal Type
-
Bankr. Admin/Reorg
- Investors
-
1
BlockFi General Information
Description
Developer of a wealth management platform designed to seamlessly manage crypto assets and maximize earning potential. The company's platform provides wealth management products such as USD loans backed by crypto, crypto interest-earning accounts, crypto trading, crypto-back credit cards, and other similar products, enabling clients to ease out bitcoin trading and secure digital payments in the cloud while mitigating risks associated with financial lending.
Contact Information
Website
www.blockfi.com
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Business/Productivity Software
Primary Office
- 201 Montgomery Street
- Suite 263
- Jersey City, NJ 07302
- United States
+1 (646) 000-0000
BlockFi Timeline
BlockFi Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Bankruptcy: Admin/Reorg | 28-Nov-2022 | Completed | Bankruptcy: Admin/Reorg | |||
| 8. Secondary Transaction - Private | 10-Dec-2021 | 00000 | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series E) | 01-Jul-2021 | 00000 | 00000 | 00.000 | Completed | Generating Revenue |
| 6. Later Stage VC (Series D) | 11-Mar-2021 | 00000 | 00000 | 000 | Completed | Generating Revenue |
| 5. Later Stage VC (Series C) | 14-Aug-2020 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 4. Early Stage VC (Series B) | 03-Feb-2020 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series A) | 30-Jul-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Seed Round | 25-Jun-2018 | $2M | $3.5M | 000 | Completed | Generating Revenue |
| 1. Seed Round | 16-Feb-2018 | $1.5M | $1.5M | 000 | Completed | Product In Beta Test |
BlockFi Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series E | 0,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
| Series E-1 | 000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00 | |
| Series D | 0,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
| Series C | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A-3 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A-2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.00 | |
| Series A-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed-2 | 1,167,941 | $0.000010 | $0.52 | $0.52 | 1x | $0.52 | 1.86% | |
| Seed | 2,860,381 | $0.000010 | $0.47 | $0.47 | 1x | $0.47 | 4.56% |
BlockFi Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a wealth management platform designed to seamlessly manage crypto assets and maximize earning potential. Th
Financial Software
Jersey City, NJ
800
As of 2022
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San Francisco, CA
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Hoboken, NJ
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Add Comparison
BlockFi Competitors (12)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Coinbase | Formerly VC-backed | San Francisco, CA | 0000 | 00000 | 000000000 | 00000 |
| 0000000 0000000 | Formerly VC-backed | Hoboken, NJ | 000 | 00000 | 0000000000. | |
| 0000 (000000000 00 | Venture Capital-Backed | 000 | 0000 | 00000000000 | 0000 | |
| 000000 | Venture Capital-Backed | San Francisco, CA | 0000 | 00000 | 00000000000 | 00000 |
| 000000.000 | Venture Capital-Backed | Singapore, Singapore | 0000 | 0000 | 0000000000 | 0000 |
BlockFi Executive Team (21)
BlockFi Board Members (12)
| Name | Representing | Role | Since |
|---|---|---|---|
| Anthony Pompliano | Morgan Creek Digital Assets | Board Member | 000 0000 |
| Christopher Ferraro | Galaxy Digital Holdings | Board Member | 000 0000 |
| Flori Marquez | BlockFi | Co-Founder, Chief Operating Officer & Board Member | 000 0000 |
| James Fitzgerald JD | Valar Ventures | Board Member | 000 0000 |
| Jennifer Hill | Self | Board Member | 000 0000 |
BlockFi Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
BlockFi Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| DST Global | Venture Capital | Minority | 000 0000 | 000000 0 |
BlockFi Investments (9)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000000 | 01-Apr-2022 | 0000 00000 | 00.00 | Entertainment Software | |
| 000 00000 | 15-Mar-2022 | 00000 0000 | 0000 | Financial Software | |
| 00000 0000000 | 15-Feb-2022 | 0000 00000 | 00.000 | Financial Software | 0000000 0 |
| 0000000 | 10-Dec-2021 | 00000 0000 | 00000 | Financial Software | |
| Notabene (Financial Software) | 08-Nov-2021 | Early Stage VC | 000.00 | Business/Productivity Software |
BlockFi Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000000 00000000 | Corporate Venture Capital | Jersey City, NJ |