BlockFi
Latest round
- Series E
Last raised
- Jun 2021
Total raised
- $979M
Investors
- 37
About BlockFi
Based in the US, BlockFi, Inc.BlockFi, Inc. is a financial services firm founded in 2017 in Jersey City, US.00 mn from FTX Ventures.BlockFi offers a suite of financial products that includes interest-bearing accounts, cryptocurrency loans, and a trading platform.6% annual percentage yield (APY) on their digital assets while retaining ownership of their collateralized holdings.Revenue generation for BlockFi primarily comes from interest income on loans and fees for its financial products. Clients taking out cryptocurrency-backed loans pay interest on borrowed amounts while maintaining ownership of their collateral.In November 2022, BlockFi, Inc.9 million in cash to maintain liquidity during the restructuring process. Future growth strategies may include the introduction of new products and the expansion into new markets, although specific details regarding product launches and targeted regions have not been disclosed.
Who invested in BlockFi
37 investors across 7 rounds
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Funding rounds
Series E
Jun 8, 2021
Amount
$500M
Investors
Series D
Mar 1, 2021
Amount
$350M
Investors
Series C
Aug 19, 2020
Amount
$67M
Investors
Series B
Jan 31, 2020
Amount
$38M
Investors
Series A
Jul 30, 2019
Amount
$20M
Investors
Seed
Jun 27, 2018
Amount
$2.3M
Investors
Seed
Feb 13, 2018
Amount
$1.6M
Investors
Questions about BlockFi
Who invested in BlockFi?
BlockFi has 37 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BlockFi raised?
BlockFi has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did BlockFi last raise money?
BlockFi's most recent round on record is a Series E, in Jun 2021.
What does BlockFi do?
BlockFi is a financial services company.
Where is BlockFi headquartered?
BlockFi is headquartered in Jersey City, US.
Which VCs invest in companies like BlockFi?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at BlockFi's stage. Their profiles are linked below.
VCs backing financial services startups at Series E
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