BlockFi Overview
Founded
2017
Status
Private
Employees
75
Latest Deal Type
Early Stage VC
Investors
24
BlockFi General Information
Description
Developer of a blockchain-based platform designed to collateralize crypto holdings and manage digital assets. The company's platform utilizes blockchain technologies to issue tokens and contracts so as to provide liquidity, transparency and efficiency to digital financial markets, enabling fintech companies and investors to ease out bitcoin trading and secure digital payments in the cloud while mitigating risks associated with financial lending.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
- 201 Montgomery Street
- Second Floor, 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 |
|---|---|---|---|---|---|---|
| 6. Early Stage VC | 09-Apr-2020 | 00000 | Completed | Generating Revenue | ||
| 5. Early Stage VC (Series B1) | 03-Feb-2020 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 4. Early Stage VC (Series A) | 30-Jul-2019 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
| 3. Early Stage VC | 11-Feb-2019 | 00000 | 000.00 | Completed | Generating Revenue | |
| 2. Early Stage VC | 25-Jun-2018 | $52.5M | $54M | Completed | Generating Revenue | |
| 1. Seed Round | 16-Feb-2018 | $1.55M | $1.55M | 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 B | 0,000,000 | 00.000000 | 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 | 0.000 | |
| Series A-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Seed-2 | 4,471,091 | $0.000010 | $0.52 | $0.52 | 1x | $0.52 | 11.3% | |
| Seed | 2,989,490 | $0.000010 | $0.47 | $0.47 | 1x | $0.47 | 7.55% |
BlockFi Competitors (3)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Salt (Financial Platform) | Angel-Backed | Denver, CO | 00 | 00.00 | 0000000000 | 00.00 |
| 000000000 0000000 | Venture Capital-Backed | Austin, TX | 00 | 000 | 0000000000 0 | 000 |
| 000000 | Venture Capital-Backed | Singapore, Singapore | 00 | 00.000 | 00000000000 |
BlockFi Executive Team (13)
2 Former Executives
BlockFi Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Christopher Ferraro | Galaxy Digital Holdings | Board Member & Advisor | 000 0000 |
| Flori Marquez | BlockFi | Co-Founder, Board Member & Senior Vice President, Operations | 000 0000 |
| James Fitzgerald JD | Valar Ventures | Board Member | 000 0000 |
| Kavita Gupta | Consensys Labs | Board Member & Advisor | 000 0000 |
| Zachary Prince | BlockFi | Co-Founder, President, Chief Executive Officer & Board Member | 000 0000 |
1 Former Board Member
BlockFi Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Three Arrows Capital | Hedge Fund | Minority | 000 0000 | 000000 0 | |
| Arrington XRP Capital | Other | Minority | 000 0000 | 000000 0 | |
| Castle Island Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| HashKey Digital Asset Group | Corporation | Minority | 000 0000 | 000000 0 | |
| Able Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
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