Anchorage Digital valuation, funding and investors

Anchorage Digital works in digital asset infrastructure solutions, based in San Francisco, United States. Founded in 2017, it has about 748 employees.

Cryptocurrency San Francisco Growth Equity

VALUATION · TODAY

$1.23B +4% after Growth

Range $764M – $1.95B · Grade B

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $17.0M

Series B $40.0M

Series C $80.0M

Series D $350M

Growth $100M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY748 employees

+23%6m growth

+41%1y growth

+97%2y growth

500

1,000

Data from Jan 2021

TODAY

Predicted in 1 yr $1.28B +4% vs today

Predicted next raise $115M if a round comes

Winding-down probability 0%

Last round: Growth · $100M · Feb 2026
Valuation at last round: $1.11B · implied
Headcount: 748 · growing
Grade: B
Founded: 2017

How VCMC values companies →

Anchorage Digital valuation today

VCMC values Anchorage Digital at $1.2B today, with a range of $764M to $1.9B and a grade of B. The valuation starts from its last funding round, a growth round in Feb 2026.

Valuation by date (124 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Anchorage Digital: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2017	$8.37M	$3.05M – $23.0M	$11.5M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$8.60M	$3.13M – $23.6M	$11.8M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$8.81M	$3.21M – $24.2M	$12.1M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$9.05M	$3.29M – $24.9M	$12.4M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$9.29M	$3.38M – $25.5M	$12.7M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$9.54M	$3.47M – $26.2M	$13.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$9.79M	$3.56M – $26.9M	$13.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$10.1M	$3.66M – $27.6M	$13.8M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$10.3M	$3.76M – $28.4M	$14.2M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$10.6M	$3.86M – $29.1M	$14.5M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$10.9M	$3.96M – $29.9M	$14.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$11.2M	$4.07M – $30.7M	$15.3M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$11.5M	$4.18M – $31.5M	$15.7M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$11.8M	$4.29M – $32.4M	$16.2M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$12.1M	$4.40M – $33.2M	$16.6M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$12.4M	$4.52M – $34.1M	$17.0M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$12.7M	$4.64M – $35.0M	$17.5M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$13.1M	$4.76M – $35.9M	$17.9M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$13.4M	$4.89M – $36.9M	$18.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$13.8M	$5.02M – $37.9M	$18.6M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$14.2M	$5.15M – $38.9M	$18.8M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$14.5M	$5.29M – $39.9M	$18.9M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$14.9M	$5.43M – $41.0M	$19.1M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$15.3M	$5.58M – $42.1M	$19.3M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$15.7M	$5.73M – $43.2M	$19.4M (+24%)	before first round	–	unknown	D	0%
25 Jan 2019	$94.6M	$62.1M – $259M	$170M (+80%)	after a round	–	unknown	C	0%
1 Feb 2019	$95.7M	$62.1M – $259M	$170M (+78%)	after a round	–	unknown	C	0%
1 Mar 2019	$100M	$62.1M – $259M	$170M (+70%)	after a round	–	unknown	C	0%
1 Apr 2019	$105M	$62.1M – $259M	$170M (+62%)	after a round	–	unknown	C	0%
1 May 2019	$110M	$62.1M – $259M	$170M (+54%)	after a round	–	unknown	C	0%
1 Jun 2019	$116M	$62.1M – $259M	$170M (+46%)	after a round	–	unknown	C	0%
1 Jul 2019	$122M	$62.1M – $259M	$170M (+40%)	after a round	–	unknown	C	0%
11 Jul 2019	$230M	$162M – $488M	$344M (+50%)	after a round	–	unknown	B	0%
1 Aug 2019	$235M	$162M – $488M	$344M (+46%)	after a round	–	unknown	B	0%
1 Sep 2019	$243M	$162M – $488M	$344M (+41%)	after a round	–	unknown	B	0%
1 Oct 2019	$251M	$162M – $488M	$344M (+37%)	after a round	–	unknown	B	0%
1 Nov 2019	$260M	$162M – $488M	$344M (+32%)	after a round	–	unknown	B	0%
1 Dec 2019	$269M	$162M – $488M	$344M (+28%)	after a round	–	unknown	B	0%
1 Jan 2020	$278M	$162M – $488M	$344M (+24%)	after a round	–	unknown	B	0%
1 Feb 2020	$288M	$162M – $488M	$344M (+19%)	after a round	–	unknown	B	0%
1 Mar 2020	$298M	$162M – $488M	$344M (+16%)	after a round	–	unknown	B	0%
1 Apr 2020	$308M	$162M – $488M	$344M (+12%)	after a round	–	unknown	B	0%
1 May 2020	$318M	$162M – $488M	$344M (+8%)	after a round	–	unknown	B	0%
1 Jun 2020	$330M	$162M – $488M	$344M (+4%)	after a round	–	unknown	B	0%
1 Jul 2020	$341M	$162M – $488M	$344M (+1%)	after a round	–	unknown	B	0%
1 Aug 2020	$344M	$156M – $488M	$344M (0%)	after a round	–	unknown	B	0%
1 Sep 2020	$344M	$150M – $488M	$344M (0%)	after a round	–	unknown	B	0%
1 Oct 2020	$344M	$143M – $488M	$344M (0%)	after a round	–	unknown	C	0%
1 Nov 2020	$344M	$137M – $488M	$344M (0%)	after a round	–	unknown	C	0%
1 Dec 2020	$344M	$131M – $488M	$344M (0%)	after a round	–	unknown	C	0%
1 Jan 2021	$344M	$126M – $488M	$344M (0%)	after a round	110	unknown	C	0%
1 Feb 2021	$344M	$120M – $488M	$344M (0%)	after a round	110	unknown	C	0%
26 Feb 2021	$614M	$432M – $1.1B	$797M (+30%)	after a round	110	unknown	B	0%
1 Mar 2021	$615M	$432M – $1.1B	$797M (+30%)	after a round	110	unknown	B	0%
1 Apr 2021	$629M	$432M – $1.1B	$797M (+27%)	after a round	110	unknown	B	0%
1 May 2021	$642M	$432M – $1.1B	$797M (+24%)	after a round	110	unknown	B	0%
1 Jun 2021	$657M	$432M – $1.1B	$797M (+21%)	after a round	110	unknown	B	0%
1 Jul 2021	$671M	$432M – $1.1B	$797M (+19%)	after a round	110	unknown	B	0%
1 Aug 2021	$686M	$432M – $1.1B	$797M (+16%)	after a round	110	unknown	B	0%
1 Sep 2021	$702M	$432M – $1.1B	$797M (+14%)	after a round	110	unknown	B	0%
1 Oct 2021	$717M	$432M – $1.1B	$797M (+11%)	after a round	110	unknown	B	0%
1 Nov 2021	$733M	$432M – $1.1B	$797M (+9%)	after a round	110	unknown	B	0%
1 Dec 2021	$749M	$432M – $1.1B	$797M (+6%)	after a round	110	unknown	B	0%
16 Dec 2021	$3.0B	$2.6B – $4.5B	$3.9B (+30%)	after a round	110	unknown	A	0%
1 Jan 2022	$3.0B	$2.6B – $4.5B	$3.9B (+28%)	after a round	110	unknown	A	0%
1 Feb 2022	$3.1B	$2.6B – $4.5B	$3.9B (+26%)	after a round	110	unknown	A	0%
1 Mar 2022	$3.2B	$2.6B – $4.5B	$3.9B (+23%)	after a round	220	growing	A	0%
1 Apr 2022	$3.2B	$2.6B – $4.5B	$3.9B (+20%)	after a round	220	growing	A	0%
1 May 2022	$3.3B	$2.6B – $4.5B	$3.9B (+18%)	after a round	220	growing	A	0%
1 Jun 2022	$3.4B	$2.6B – $4.5B	$3.9B (+15%)	after a round	220	growing	A	0%
1 Jul 2022	$3.5B	$2.6B – $4.5B	$3.9B (+13%)	after a round	220	growing	A	0%
1 Aug 2022	$3.5B	$2.6B – $4.5B	$3.9B (+10%)	after a round	220	unknown	A	0%
1 Sep 2022	$3.6B	$2.6B – $4.5B	$3.9B (+8%)	after a round	220	unknown	A	0%
1 Oct 2022	$3.7B	$2.6B – $4.5B	$3.9B (+6%)	after a round	220	unknown	A	0%
1 Nov 2022	$3.8B	$2.6B – $4.5B	$3.9B (+3%)	after a round	220	unknown	A	0%
1 Dec 2022	$3.9B	$2.6B – $4.5B	$3.9B (+1%)	after a round	220	unknown	A	0%
1 Jan 2023	$3.9B	$2.5B – $4.5B	$3.9B (0%)	after a round	220	unknown	A	0%
1 Feb 2023	$4.4B	$2.7B – $5.1B	$4.4B (0%)	after a round	390	growing	B	0%
1 Mar 2023	$4.4B	$2.7B – $5.1B	$4.4B (0%)	after a round	390	growing	B	0%
1 Apr 2023	$4.4B	$2.8B – $5.1B	$4.4B (0%)	after a round	390	growing	B	0%
1 May 2023	$4.4B	$2.8B – $5.1B	$4.4B (0%)	after a round	390	growing	A	0%
1 Jun 2023	$4.4B	$2.8B – $5.1B	$4.4B (0%)	after a round	390	growing	A	0%
1 Jul 2023	$4.4B	$2.9B – $5.1B	$4.4B (0%)	after a round	390	growing	A	0%
1 Aug 2023	$4.4B	$2.9B – $5.1B	$4.4B (0%)	after a round	390	growing	A	0%
1 Sep 2023	$4.4B	$1.9B – $5.1B	$4.4B (0%)	after a round	390	unknown	B	0%
1 Oct 2023	$4.4B	$1.9B – $5.1B	$4.4B (0%)	after a round	390	unknown	B	0%
1 Nov 2023	$3.0B	$1.7B – $4.4B	$2.4B (-20%)	after a round	340	down	B	69%
1 Dec 2023	$3.0B	$1.6B – $4.5B	$2.4B (-20%)	after a round	340	down	B	69%
1 Jan 2024	$2.9B	$1.5B – $4.5B	$2.2B (-25%)	after a round	340	down	B	69%
1 Feb 2024	$2.8B	$1.5B – $4.6B	$2.1B (-25%)	after a round	340	down	B	69%
1 Mar 2024	$2.8B	$1.4B – $4.6B	$2.1B (-26%)	after a round	340	down	B	69%
1 Apr 2024	$2.9B	$1.3B – $4.7B	$2.2B (-25%)	after a round	350	down	C	63%
1 May 2024	$2.9B	$1.3B – $4.7B	$2.2B (-24%)	after a round	350	down	C	60%
1 Jun 2024	$2.8B	$1.2B – $4.8B	$2.1B (-25%)	after a round	350	down	C	60%
1 Jul 2024	$2.8B	$1.1B – $4.8B	$2.1B (-26%)	after a round	350	down	C	60%
1 Aug 2024	$2.9B	$1.1B – $4.8B	$2.2B (-25%)	after a round	350	flat	C	55%
1 Sep 2024	$3.0B	$1.4B – $5.0B	$2.3B (-23%)	after a round	380	up	C	51%
1 Oct 2024	$3.0B	$1.4B – $5.0B	$2.4B (-22%)	after a round	380	up	C	47%
1 Nov 2024	$3.1B	$1.4B – $5.0B	$2.4B (-22%)	after a round	380	up	C	43%
1 Dec 2024	$3.2B	$1.4B – $5.2B	$2.6B (-19%)	after a round	420	up	C	39%
1 Jan 2025	$3.1B	$1.2B – $5.2B	$2.6B (-17%)	after a round	420	up	C	36%
1 Feb 2025	$3.2B	$1.2B – $5.2B	$2.7B (-16%)	after a round	420	up	C	33%
1 Mar 2025	$3.2B	$1.2B – $5.1B	$2.7B (-15%)	after a round	420	up	C	31%
1 Apr 2025	$3.3B	$1.2B – $5.1B	$2.8B (-15%)	after a round	420	up	C	28%
1 May 2025	$3.3B	$1.1B – $5.1B	$2.8B (-14%)	after a round	420	up	C	26%
1 Jun 2025	$3.4B	$1.1B – $5.1B	$2.9B (-14%)	after a round	420	up	C	24%
1 Jul 2025	$3.4B	$1.1B – $5.1B	$3.0B (-13%)	after a round	420	up	C	22%
1 Aug 2025	$3.7B	$2.0B – $5.5B	$3.4B (-9%)	after a round	545	growing	B	20%
1 Sep 2025	$3.8B	$2.0B – $5.4B	$3.4B (-9%)	after a round	531	growing	B	19%
1 Oct 2025	$3.8B	$2.0B – $5.4B	$3.5B (-8%)	after a round	531	growing	B	17%
1 Nov 2025	$3.8B	$2.0B – $5.4B	$3.6B (-7%)	after a round	531	growing	B	16%
1 Dec 2025	$4.0B	$2.0B – $5.6B	$3.8B (-6%)	after a round	608	growing	B	14%
1 Jan 2026	$4.0B	$1.8B – $5.6B	$3.8B (-4%)	after a round	608	growing	B	13%
1 Feb 2026	$4.1B	$1.8B – $5.6B	$3.9B (-4%)	after a round	608	growing	B	12%
6 Feb 2026	$1.1B	$730M – $1.9B	$1.2B (+10%)	after a round	608	growing	B	0%
1 Mar 2026	$1.1B	$730M – $1.9B	$1.2B (+9%)	after a round	608	growing	B	0%
1 Apr 2026	$1.1B	$730M – $1.9B	$1.2B (+8%)	after a round	608	growing	B	0%
1 May 2026	$1.1B	$730M – $1.9B	$1.2B (+8%)	after a round	608	growing	B	0%
1 Jun 2026	$1.2B	$760M – $1.9B	$1.3B (+10%)	after a round	729	up	B	0%
1 Jul 2026	$1.2B	$760M – $1.9B	$1.3B (+8%)	after a round	729	up	B	0%
1 Aug 2026	$1.2B	$767M – $2.0B	$1.3B (+8%)	after a round	760	growing	B	0%
1 Sep 2026	$1.2B	$767M – $2.0B	$1.3B (+6%)	after a round	760	growing	B	0%
1 Oct 2026	$1.2B	$764M – $1.9B	$1.3B (+5%)	after a round	748	growing	B	0%
24 Oct 2026	$1.2B	$764M – $1.9B	$1.3B (+4%)	after a round	748	growing	B	0%

Key facts about Anchorage Digital

Founded: 2017
Headquarters: San Francisco, United States
Employees: about 748 +41% in a year
Total raised: $587M
Funding rounds: 5
Last round: Growth Equity Feb 2026

Anchorage Digital was founded in 2017 by Diogo Mónica and Nathan McCauley.

Anchorage Digital funding history

Anchorage Digital has 5 funding rounds on record, from Jan 2019 to Feb 2026, $587M in total. The latest disclosed valuation is $3.00B post-money (Series D, Dec 2021).

Growth Equity 5 Feb 2026
With Tether.
Sources: benlakoff.substack.com, crypto.news, m.sosovalue.com and 1 more
$100M
Series D 15 Dec 2021
Led by KKR; with Goldman Sachs, Alameda Research, Andreessen Horowitz, Apollo, Blockchain Capital, Delta Blockchain Fund, GIC, GoldenTree Asset Management, Innovius, Kraken, Lux Capital, Senator Investment Group, Standard Investments, Thoma Bravo, Wellington Management, BlackRock, PayPal Ventures, Chloe Sladden, Electric Capital, The HIT Forge, OLI Harris, Zettle. Individuals: Elad Gil.
Sources: anchorage.com, thomabravo.com, iangels.com and 2 more
$350M
$3.00B post-money
Series C 25 Feb 2021
Led by GIC; with Andreessen Horowitz, Blockchain Capital, Lux Capital, Indico Capital Partners.
Sources: anchorage.com, techcrunch.com, theblock.co
$80M
Series B 10 Jul 2019
Led by Blockchain Capital, Visa; with Andreessen Horowitz, Delta Blockchain Fund, Electric Capital, KKR, The HIT Forge.
Sources: anchorage.com, coindesk.com
$40M
Series A 24 Jan 2019
Led by Andreessen Horowitz; with Khosla Ventures, Blackrock, AngelList.
Sources: finsmes.com, big-picture.com, m.sosovalue.com
$17M

Anchorage Digital investors

28 investors have backed Anchorage Digital; Andreessen Horowitz, Blockchain Capital and GIC and 2 more led at least one round.

Andreessen Horowitz lead, 4 rounds
GIC lead, 2 rounds
KKR lead, 2 rounds
Visa lead
Blackrock 2 rounds
Lux Capital 2 rounds
The HIT Forge 2 rounds
Alameda Research
Apollo
Chloe Sladden
GoldenTree Asset Management
Goldman Sachs
Khosla Ventures
Kraken
OLI Harris
PayPal Ventures
Senator Investment Group
Standard Investments
Tether
Wellington Management
Zettle

What Anchorage Digital does

Anchorage Digital works in cryptocurrency, with 14 recorded offerings and customers in financial services.

Anchorage Digital Bank National Association is an American financial technology company that operates as a regulated crypto bank and digital asset platform. The company provides integrated financial services and infrastructure solutions for institutions, including custody, staking, governance, settlement, and stablecoin issuance. Anchorage Digital also offers a self-custody wallet and operates in multiple jurisdictions, including the United States, Singapore, and New York. Its clientele includes hedge funds, wealth managers, government entities, ETF issuers, asset managers, and corporations.

Description from Veridion's company data.

Products and services

Digital Asset Infrastructure Solutions
Crypto Bank Services
Institutional Digital Asset Management Services
Digital Asset Custody Services
Digital Asset Staking Services
Digital Asset Governance Services
Digital Asset Trading Services
Digital Asset Settlement Services
Stablecoin Issuance and Management
Self-Custody Wallet Services
Security Infrastructure Solutions
Regulatory Compliance Consulting Services
DeFi Solutions Development
Institutional Adoption Consulting Services

Markets

Financial Services

Business model

Business-to-Business
Service Provider
Enterprise
Asset Management

Industry codes (NAICS)

522110 Commercial Banking 70% match
541512 Computer Systems Design Services 30% match

Questions about Anchorage Digital

What is Anchorage Digital worth?

Valuation $1.2B (range $764M to $1.9B), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Series D, Dec 2021).

Has Anchorage Digital raised money?

Anchorage Digital has 5 funding rounds on record, from Jan 2019 to Feb 2026, $587M in total. The latest disclosed valuation is $3.00B post-money (Series D, Dec 2021).

Who has invested in Anchorage Digital?

Andreessen Horowitz, Blockchain Capital, GIC, KKR, Visa and Blackrock, and 22 more. Lead investors include Andreessen Horowitz, Blockchain Capital, GIC and KKR.

How many people work at Anchorage Digital?

About 748, up 41% over the last year. Headcount grew from 110 in Jan 2021 to 748 in Sep 2026.

What does Anchorage Digital do?

Anchorage Digital works in cryptocurrency, with 14 recorded offerings and customers in financial services. Its main offerings are digital asset infrastructure solutions, crypto bank services and institutional digital asset management services.

When was Anchorage Digital founded, and where is it based?

Anchorage Digital was founded in 2017 and is based in San Francisco, United States. It has about 748 employees, up 41% over the last year.

How we value companies Report an issue

Anchorage Digital valuation, funding and investors

Anchorage Digital valuation today

Key facts about Anchorage Digital

Anchorage Digital funding history

Growth Equity 5 Feb 2026

Series D 15 Dec 2021

Series C 25 Feb 2021

Series B 10 Jul 2019

Series A 24 Jan 2019