BlockFi Overview

  • Founded
  • 2017

Founded
  • Status
  • Private

  • Employees
  • 800

Employees
  • 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

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

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
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 seamlessly manage crypto assets and maximize earning potential. Th
Financial Software
Jersey City, NJ
800 As of 2022
00000
0000000000.

000000

lla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui
000000000 00000000
San Francisco, CA
0000 As of 0000
00000
000000000 00000

000000

modo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse c
000000000 00000000
Hoboken, NJ
000 As of 0000
00000
0000000000.
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

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
You’re viewing 5 of 12 competitors. Get the full list »

BlockFi Executive Team (21)

Name Title Board Seat Contact Info
Zachary Prince Co-Founder, President, Chief Executive Officer & Board Member
Amit Cheela Chief Financial Officer
Flori Marquez Co-Founder, Chief Operating Officer & Board Member
Alexander Grigoryan Chief Technology Officer
Rishi Ramchandani General Manager, Asia
You’re viewing 5 of 21 executive team members. Get the full list »

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
You’re viewing 5 of 12 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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

BlockFi Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
DST Global Venture Capital Minority 000 0000 000000 0
To view BlockFi’s complete investors history, request access »

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
You’re viewing 5 of 9 investments. Get the full list »

BlockFi Subsidiaries (1)

Company Name Industry Location Founded
0000000 00000000 Corporate Venture Capital Jersey City, NJ
To view BlockFi’s complete subsidiaries history, request access »