7. BlockFi $50.0M
Round: Series C
Description: BlockFi is a secured non-bank lender that offers crypto-asset-backed USD loans to crypto-asset owners. Founded by Flori Marquez and Zac Prince in 2017, BlockFi has now raised a total of $154.7M in total equity funding and is backed by investors that include Alumni Ventures Group, SoFi, Morgan Creek Digital, Galaxy Digital LP, and Valar Ventures.
Investors in the round: Avon Ventures, Castle Island Ventures, CMT Digital Ventures LLC, HashKey Capital, Kenetic, Matthew Dellavedova, Michael Antonov, Morgan Creek Digital, Purple Arch Ventures, SCB 10X, Valar Ventures, Winklevoss Capital
Founders: Flori Marquez, Zac Prince
Founding year: 2017
Total equity funding raised: $154.7M
AlleyWatch’s exclusive coverage of this funding round: BlockFi Raises $50M to Connect Digital Assets and Traditional Finance to Make Crypto Mainstream
The AlleyWatch audience is driving progress and innovation on a global scale. With its regional media properties, AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the New York business community and beyond. Find out more here.