BlockFi Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 125

Employees

  • Latest Deal Type
  • Bankr. Admin/​Reorg

  • Investors
  • 3

BlockFi General Information

Description

Developer of a wealth management platform designed to 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
Corporate Office
  • 201 Montgomery Street
  • Suite 263
  • Jersey City, NJ 07302
  • United States
+1 (646) 000-0000

BlockFi Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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BlockFi Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Bankruptcy: Admin/Reorg 28-Nov-2022 Completed Bankruptcy: Admin/Reorg
9. Later Stage VC 01-Jun-2022 00000 Completed Generating Revenue
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
To view BlockFi’s complete valuation and funding history, request access »

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%
To view BlockFi’s complete cap table history, request access »

BlockFi Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a wealth management platform designed to manage crypto assets and maximize earning potential. The company's
Financial Software
Jersey City, NJ
125 As of 2023
00000
0000000000.

000000

quip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptat
000000000 00000000
London, United Kingdom
000 As of 0000
00.000
000 0000-00-00
00000000000 00.000

000000

sum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididun
000000000 00000000
Hoboken, NJ
000 As of 0000
00000
0000000 0000
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BlockFi Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Blockchain.com Venture Capital-Backed London, United Kingdom 000 00.000 00000000000 00.000
Celsius Network Private Equity-Backed Hoboken, NJ 000 00000 0000000 0000
CoinLoan Venture Capital-Backed Tallinn, Estonia 00 0000 00000000000 0000
Ledn Venture Capital-Backed Toronto, Canada 00 00000 000000000000 00000
Kraken Venture Capital-Backed San Francisco, CA 0000 00000 00000 00000
You’re viewing 5 of 14 competitors. Get the full list »

BlockFi Executive Team (22)

Name Title Board Seat
Amit Cheela Chief Financial Officer
Flori Marquez Co-Founder & Chief Operating Officer
Andrew Tam Chief Marketing Officer
Megan Crowell Chief People Officer
Rob Margolis Senior Director of Institutional Sales & Head of Crypto Native
You’re viewing 5 of 22 executive team members. Get the full list »

BlockFi Board Members (11)

Name Representing Role Since
Anthony Pompliano Morgan Creek Digital Assets Board Member 000 0000
Christopher Ferraro Galaxy Digital Holdings Board Member 000 0000
James Fitzgerald JD Valar Ventures Board Member 000 0000
Kavita Gupta Consensys Mesh Board Member 000 0000
You’re viewing 4 of 11 board members. Get the full list »

BlockFi Signals

Growth Rate

0.80% Weekly
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

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BlockFi Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Hybridge Capital Management Real Estate Minority 000 0000 000000 0
Inflection Ventures (New York) Venture Capital Minority 000 0000 000000 0
Jump Capital Venture Capital Minority 000 0000 000000 0
To view BlockFi’s complete investors history, request access »

BlockFi Investments (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
SwapGlobal 15-Jun-2022 0000 00000 00.000 Brokerage
GamerGains 01-Apr-2022 0000 00000 00.00 Entertainment Software
Hex Trust 15-Mar-2022 00000 0000 0000 Financial Software
Trace Finance 15-Feb-2022 0000 00000 00.000 Financial Software 0000000 0
Figment (Financial Software) 10-Dec-2021 Later Stage VC 00000 Financial Software
You’re viewing 5 of 10 investments. Get the full list »

BlockFi Subsidiaries (1)

Company Name Industry Location Founded
BlockFi Ventures Corporate Venture Capital Jersey City, NJ
To view BlockFi’s complete subsidiaries history, request access »

BlockFi Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Blockdaemon 06-Jul-2021 00000 00000 00 000.00 Completed
  • 16 buyers
To view BlockFi’s complete exits history, request access »

BlockFi FAQs

  • When was BlockFi founded?

    BlockFi was founded in 2017.

  • Who is the founder of BlockFi?

    Flori Marquez, Chao Huang, and Zachary Prince are the founders of BlockFi.

  • Where is BlockFi headquartered?

    BlockFi is headquartered in Jersey City, NJ.

  • What is the size of BlockFi?

    BlockFi has 125 total employees.

  • What industry is BlockFi in?

    BlockFi’s primary industry is Financial Software.

  • Is BlockFi a private or public company?

    BlockFi is a Private company.

  • What is BlockFi’s current revenue?

    The current revenue for BlockFi is 00000.

  • How much funding has BlockFi raised over time?

    BlockFi has raised $958M.

  • Who are BlockFi’s investors?

    Hybridge Capital Management, Inflection Ventures (New York), and Jump Capital have invested in BlockFi.

  • Who are BlockFi’s competitors?

    Blockchain.com, Celsius Network, CoinLoan, Ledn, and Kraken are some of the 14 competitors of BlockFi.

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