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BlockFi

201 Montgomery Street, Suite 263, Jersey City, NJ, 07302, United States

Overview

Secured non-bank lender offering USD loans collateralized by crypto-assets.

Founded

2017

Deals ยท 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Brazil
United Kingdom
United States

Sector focus

Bitcoin
Blockchain
Consumer Lending
Cryptocurrency
...

Investment portfolio

8rounds
NAMEDATESIZE
Elwood Technologies
May 2022Participated
$70 MSeries A
GamerGains Lab
Apr 2022Participated
$6 MSeed
Trace Finance
Feb 2022Participated
$4 MSeed
Elementus
Oct 2021Participated
$12 MSeries A
Yellow Card
Sep 2021Participated
$15 MSeries A
Blockdaemon
Jun 2021Participated
$28 MSeries A
Jeeves Inc.
Jun 2021Participated
$126 MDebt
Coin Metrics
May 2021Participated
$15 MSeries B
Elwood Technologies
May 2022Participated
$70 MSeries A
GamerGains Lab
Apr 2022Participated
$6 MSeed
Trace Finance
Feb 2022Participated
$4 MSeed
Elementus
Oct 2021Participated
$12 MSeries A
Yellow Card
Sep 2021Participated
$15 MSeries A
Blockdaemon
Jun 2021Participated
$28 MSeries A
Jeeves Inc.
Jun 2021Participated
$126 MDebt
Coin Metrics
May 2021Participated
$15 MSeries B
8
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

BlockFi: 8 funding rounds are recorded in the selected participation categories.All available history.
BlockFi: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed02
Series A04
Series B01
Debt01

Monthly Deal Activity

BlockFi: 8 deals are recorded across 66 months.All available history.
BlockFi: 8 deals are recorded across 66 months. All available history
MonthDeals
May '211
Jun '212
Jul '210
Aug '210
Sep '211
Oct '211
Nov '210
Dec '210
Jan '220
Feb '221
Mar '220
Apr '221
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

BlockFi: Crypto & Blockchain is the largest displayed sector by deal count (7 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

BlockFi: Crypto & Blockchain is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Crypto & Blockchain7
Fintech6
Gaming & eSports1
Data, Analytics & IT1

Deal Size Distribution

BlockFi: 8 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

BlockFi: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M3
$25M-$50M1
$50M-$100M1
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

BlockFi: United States has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

BlockFi: United States has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
United States6
Europe1
Brazil1
BlockFi: 20 co-investors are shown, with Goldman Sachs sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

BlockFi: 20 co-investors are shown, with Goldman Sachs sharing 3 recorded deals. All available history
Co-investorShared deals
Goldman Sachs3
Avon Ventures2
Blockchain.com Ventures2
Castle Island Ventures2
Third Prime2
Warburg Serres2
2TM1
9Yards Capital1
Acrew Capital1
Alameda Research1
Alumni Ventures1
Andreessen Horowitz1
Barclays1
Blockchain.com1
Blockdaemon1
Boldstart Ventures1
Borderless Capital1
Cadenza Ventures1
Chimera Ventures1
Circle Ventures1

Investment Strategy

BlockFi: Led accounts for 0% and participating for 100% of round participation.All available history.
BlockFi: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating8100%
BlockFi: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
BlockFi: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Brad Michelson

Director of Growth and Customer Acquisition

Flori Marquez

Co-Founder and Chief Operating Officer

John Bekas

VP of Product Delivery, Mobile & Web

Mahesh Paolini-Subramanya

CTO

Rene van Kesteren

GM of Institutions

Russell Smith

VP User Acquisition

Wittney Rachlin

Chief Growth Officer

Yuri Mushkin

Chief Risk Officer