BlockFi valuation, funding and investors

BlockFi works in digital asset management services, based in Jersey City, United States. Founded in 2017, it has about 179 employees.

Cryptocurrency Series D

VALUATION · TODAY

$30.3M +0% after Series D

Range $0.00M – $30.3M · Grade dead

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

$8.00B

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Seed $1.55M

Series A $18.3M

Series C $50.0M

Series D $350M

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

HEADCOUNT · TODAY179 employees

+0%6m growth

+1%1y growth

+38%2y growth

500

1,000

Data from Jan 2021

TODAY

Predicted in 1 yr $30.3M +0% vs today

Predicted next raise – no prediction

Winding-down probability 100%

Last round: Series D · $350M · Mar 2021
Valuation at last round: $3.00B
Headcount: 179 · flat
Grade: dead
Founded: 2017

How VCMC values companies →

BlockFi valuation today

VCMC values BlockFi at $30.3M today: the company is known to be closed.

Valuation by date (123 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.

BlockFi: 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%
16 Feb 2018	$10.4M	$6.79M – $31.5M	$20.7M (+100%)	after a round	–	unknown	C	0%
1 Mar 2018	$10.6M	$6.79M – $31.5M	$20.7M (+95%)	after a round	–	unknown	C	0%
1 Apr 2018	$11.3M	$6.79M – $31.5M	$20.7M (+84%)	after a round	–	unknown	C	0%
1 May 2018	$11.9M	$6.79M – $31.5M	$20.7M (+73%)	after a round	–	unknown	C	0%
1 Jun 2018	$12.6M	$6.79M – $31.5M	$20.7M (+64%)	after a round	–	unknown	C	0%
1 Jul 2018	$13.4M	$6.79M – $31.5M	$20.7M (+55%)	after a round	–	unknown	C	0%
1 Aug 2018	$14.2M	$6.79M – $31.5M	$20.7M (+46%)	after a round	–	unknown	C	0%
1 Sep 2018	$15.0M	$6.79M – $31.5M	$20.7M (+37%)	after a round	–	unknown	C	0%
1 Oct 2018	$15.9M	$6.79M – $31.5M	$20.7M (+30%)	after a round	–	unknown	C	0%
1 Nov 2018	$16.9M	$6.79M – $31.5M	$20.7M (+22%)	after a round	–	unknown	C	0%
1 Dec 2018	$17.9M	$6.79M – $31.5M	$20.7M (+16%)	after a round	–	unknown	C	0%
1 Jan 2019	$19.0M	$6.79M – $31.5M	$20.7M (+9%)	after a round	–	unknown	C	0%
1 Feb 2019	$20.1M	$6.79M – $31.5M	$20.7M (+3%)	after a round	–	unknown	C	0%
1 Mar 2019	$20.7M	$6.64M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
1 Apr 2019	$20.7M	$6.31M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
1 May 2019	$20.7M	$6.00M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
1 Jun 2019	$20.7M	$5.71M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
1 Jul 2019	$20.7M	$5.43M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
1 Aug 2019	$20.7M	$5.16M – $31.5M	$20.7M (0%)	after a round	–	unknown	C	0%
7 Aug 2019	$67.8M	$47.7M – $173M	$122M (+80%)	after a round	–	unknown	C	0%
1 Sep 2019	$70.6M	$47.7M – $173M	$122M (+73%)	after a round	–	unknown	C	0%
1 Oct 2019	$74.1M	$47.7M – $173M	$122M (+64%)	after a round	–	unknown	C	0%
1 Nov 2019	$77.9M	$47.7M – $173M	$122M (+56%)	after a round	–	unknown	C	0%
1 Dec 2019	$81.8M	$47.7M – $173M	$122M (+49%)	after a round	–	unknown	C	0%
1 Jan 2020	$85.9M	$47.7M – $173M	$122M (+42%)	after a round	–	unknown	C	0%
1 Feb 2020	$90.3M	$47.7M – $173M	$122M (+35%)	after a round	–	unknown	C	0%
1 Mar 2020	$94.7M	$47.7M – $173M	$122M (+29%)	after a round	–	unknown	C	0%
1 Apr 2020	$99.5M	$47.7M – $173M	$122M (+23%)	after a round	–	unknown	C	0%
1 May 2020	$104M	$47.7M – $173M	$122M (+17%)	after a round	–	unknown	C	0%
1 Jun 2020	$110M	$47.7M – $173M	$122M (+11%)	after a round	–	unknown	C	0%
1 Jul 2020	$115M	$47.7M – $173M	$122M (+6%)	after a round	–	unknown	C	0%
1 Aug 2020	$121M	$47.7M – $173M	$122M (+1%)	after a round	–	unknown	C	0%
22 Aug 2020	$316M	$223M – $583M	$411M (+30%)	after a round	–	unknown	B	0%
1 Sep 2020	$318M	$223M – $583M	$411M (+29%)	after a round	–	unknown	B	0%
1 Oct 2020	$325M	$223M – $583M	$411M (+26%)	after a round	–	unknown	B	0%
1 Nov 2020	$333M	$223M – $583M	$411M (+23%)	after a round	–	unknown	B	0%
1 Dec 2020	$340M	$223M – $583M	$411M (+21%)	after a round	–	unknown	B	0%
1 Jan 2021	$348M	$223M – $583M	$411M (+18%)	after a round	170	unknown	B	0%
1 Feb 2021	$355M	$223M – $583M	$411M (+16%)	after a round	170	unknown	B	0%
1 Mar 2021	$363M	$223M – $583M	$411M (+13%)	after a round	170	unknown	B	0%
12 Mar 2021	$3.0B	$2.6B – $4.5B	$3.9B (+30%)	after a round	170	unknown	A	0%
1 Apr 2021	$3.0B	$2.6B – $4.5B	$3.9B (+28%)	after a round	170	flat	A	0%
1 May 2021	$3.1B	$2.6B – $4.5B	$3.9B (+25%)	after a round	170	flat	A	0%
1 Jun 2021	$3.2B	$2.6B – $4.5B	$3.9B (+23%)	after a round	170	flat	A	0%
1 Jul 2021	$3.3B	$2.6B – $4.5B	$3.9B (+20%)	after a round	170	flat	A	0%
1 Aug 2021	$3.3B	$2.6B – $4.5B	$3.9B (+17%)	after a round	170	flat	A	0%
1 Sep 2021	$3.4B	$2.6B – $4.5B	$3.9B (+15%)	after a round	170	flat	A	0%
1 Oct 2021	$3.5B	$2.6B – $4.5B	$3.9B (+12%)	after a round	170	flat	A	0%
1 Nov 2021	$3.6B	$2.6B – $4.5B	$3.9B (+10%)	after a round	170	flat	A	0%
1 Dec 2021	$3.6B	$2.6B – $4.5B	$3.9B (+7%)	after a round	170	flat	A	0%
1 Jan 2022	$3.7B	$2.6B – $4.5B	$3.9B (+5%)	after a round	170	flat	A	0%
1 Feb 2022	$5.2B	$2.6B – $6.3B	$5.5B (+7%)	after a round	810	growing	B	0%
1 Mar 2022	$5.4B	$2.6B – $6.3B	$5.5B (+2%)	after a round	810	growing	B	0%
1 Apr 2022	$5.5B	$2.7B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 May 2022	$5.5B	$2.8B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Jun 2022	$5.5B	$2.9B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Jul 2022	$5.5B	$3.0B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Aug 2022	$5.5B	$3.1B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Sep 2022	$5.5B	$3.2B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Oct 2022	$5.5B	$3.3B – $6.3B	$5.5B (0%)	after a round	810	growing	B	0%
1 Nov 2022	$5.5B	$2.3B – $6.3B	$5.5B (0%)	after a round	810	unknown	B	0%
1 Dec 2022	$5.5B	$2.3B – $6.3B	$5.5B (0%)	after a round	810	unknown	B	0%
1 Jan 2023	$2.5B	$1.9B – $4.1B	$1.7B (-34%)	after a round	440	shrinking	B	97%
1 Feb 2023	$2.5B	$1.8B – $4.2B	$1.6B (-36%)	after a round	440	shrinking	B	97%
1 Mar 2023	$2.5B	$1.8B – $4.2B	$1.6B (-37%)	after a round	440	shrinking	B	97%
1 Apr 2023	$2.3B	$1.7B – $4.0B	$1.4B (-40%)	after a round	440	shrinking	B	97%
1 May 2023	$2.3B	$1.6B – $4.0B	$1.3B (-40%)	after a round	440	shrinking	B	97%
1 Jun 2023	$2.2B	$1.5B – $3.9B	$1.3B (-40%)	after a round	440	shrinking	B	97%
1 Jul 2023	$2.1B	$1.5B – $3.9B	$1.2B (-41%)	after a round	440	shrinking	B	97%
1 Aug 2023	$2.0B	$1.4B – $3.9B	$1.2B (-41%)	after a round	440	shrinking	B	97%
1 Sep 2023	$2.6B	$1.3B – $5.2B	$1.7B (-33%)	after a round	440	unknown	C	89%
1 Oct 2023	$1.6B	$1.1B – $3.3B	$939M (-42%)	after a round	220	shrinking	B	97%
1 Nov 2023	$1.5B	$1.0B – $3.3B	$901M (-42%)	after a round	220	shrinking	B	97%
1 Dec 2023	$1.5B	$981M – $3.3B	$865M (-42%)	after a round	220	shrinking	C	97%
1 Jan 2024	$1.4B	$932M – $3.2B	$829M (-42%)	after a round	220	shrinking	C	97%
1 Feb 2024	$1.3B	$837M – $3.0B	$751M (-43%)	after a round	170	shrinking	C	97%
1 Mar 2024	$1.2B	$788M – $3.0B	$712M (-43%)	after a round	160	shrinking	C	97%
1 Apr 2024	$1.1B	$749M – $2.4B	$653M (-42%)	after a round	160	shrinking	B	97%
1 May 2024	$1.1B	$713M – $2.4B	$626M (-42%)	after a round	160	shrinking	B	97%
1 Jun 2024	$1.0B	$677M – $2.3B	$599M (-42%)	after a round	160	shrinking	C	97%
1 Jul 2024	$992M	$645M – $2.3B	$575M (-42%)	after a round	160	shrinking	C	97%
1 Aug 2024	$908M	$585M – $2.1B	$526M (-42%)	after a round	130	shrinking	C	97%
1 Sep 2024	$871M	$556M – $2.1B	$504M (-42%)	after a round	130	shrinking	C	97%
1 Oct 2024	$836M	$529M – $2.0B	$483M (-42%)	after a round	130	shrinking	C	97%
1 Nov 2024	$787M	$494M – $2.0B	$454M (-42%)	after a round	120	shrinking	C	97%
1 Dec 2024	$756M	$471M – $1.9B	$436M (-42%)	after a round	120	shrinking	C	97%
1 Jan 2025	$725M	$447M – $1.9B	$417M (-42%)	after a round	120	shrinking	C	97%
1 Feb 2025	$695M	$425M – $1.8B	$412M (-41%)	after a round	120	shrinking	C	97%
1 Mar 2025	$669M	$406M – $1.8B	$412M (-38%)	after a round	120	shrinking	C	97%
1 Apr 2025	$613M	$386M – $1.5B	$412M (-33%)	after a round	120	shrinking	C	97%
1 May 2025	$588M	$367M – $1.5B	$411M (-30%)	after a round	120	shrinking	C	97%
1 Jun 2025	$563M	$349M – $1.4B	$411M (-27%)	after a round	120	shrinking	C	97%
1 Jul 2025	$983M	$395M – $4.6B	$800M (-19%)	after a round	197	up	D	89%
1 Aug 2025	$1.1B	$390M – $4.6B	$906M (-15%)	after a round	192	up	D	82%
1 Sep 2025	$1.2B	$387M – $4.6B	$1.0B (-11%)	after a round	192	up	D	76%
1 Oct 2025	$1.2B	$516M – $4.5B	$1.1B (-8%)	after a round	177	growing	D	70%
1 Nov 2025	$1.3B	$544M – $4.5B	$1.3B (-5%)	after a round	177	growing	D	64%
1 Dec 2025	$1.4B	$573M – $4.5B	$1.4B (-3%)	after a round	177	growing	D	59%
1 Jan 2026	$1.5B	$602M – $4.5B	$1.5B (-1%)	after a round	179	growing	D	54%
1 Feb 2026	$1.6B	$643M – $4.5B	$1.6B (0%)	after a round	179	growing	C	50%
1 Mar 2026	$1.7B	$690M – $4.5B	$1.7B (0%)	after a round	179	growing	C	46%
1 Apr 2026	$1.9B	$736M – $4.5B	$1.7B (-8%)	after a round	179	growing	C	42%
1 May 2026	$2.0B	$781M – $4.5B	$1.8B (-8%)	after a round	179	growing	C	39%
1 Jun 2026	$1.5B	$264M – $4.0B	$1.4B (-11%)	after a round	179	flat	D	46%
1 Jul 2026	$1.5B	$264M – $4.0B	$1.4B (-11%)	after a round	179	flat	D	46%
1 Aug 2026	$1.5B	$264M – $4.0B	$1.4B (-10%)	after a round	179	flat	D	46%
1 Sep 2026	$1.5B	$264M – $4.0B	$1.4B (-10%)	after a round	179	flat	D	46%
1 Oct 2026	$1.6B	$264M – $3.9B	$1.4B (-9%)	after a round	179	flat	D	43%
24 Oct 2026	$30.3M	$0 – $30.3M	$30.3M (0%)	after a round	179	flat	dead	100%

Key facts about BlockFi

Founded: 2017
Headquarters: Jersey City, United States
Employees: about 179 +1% in a year
Total raised: $420M
Funding rounds: 4
Last round: Series D Mar 2021

BlockFi was founded in 2017 by Flori Marquez and Zac Prince.

BlockFi funding history

BlockFi has 4 funding rounds on record, from Feb 2018 to Mar 2021, $420M in total. The latest disclosed valuation is $3.00B post-money (Series D, Mar 2021).

Series D 11 Mar 2021
Led by Bain Capital Ventures, DST Global, Pomp Investments, Tiger Global; with Susquehanna Government Products, Bracket Capital, Paradigm, Valar Ventures, Morgan Creek Digital, Akuna Capital, PJC, Hudson River Trading, ParaFi Capital, Jump Capital, Pacific Century Group, Gaingels, Third Prime, Kenetic Capital, CMS Holdings, Breyer Capital, The Venture Collective, Castle Island Ventures.
Sources: finsmes.com, techcrunch.com, coindesk.com and 2 more
$350M
$3.00B post-money
Series C 21 Aug 2020
Led by Morgan Creek Digital; with Valar Ventures, CMT Digital, Castle Island Ventures, Winklevoss Capital, SCB 10X, Avon Ventures, Purple Arch Ventures, Kenetic Capital, HashKey Capital. Individuals: Michael Antonov, Matthew Dellavedova.
Sources: finsmes.com, pomp.substack.com, gunder.com and 3 more
$50M
Series A 6 Aug 2019
Led by Valar Ventures; with Winklevoss Capital, Galaxy, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, PJC.
Sources: prnewswire.com, coindesk.com, finance.yahoo.com and 2 more
$18M
Seed 15 Feb 2018
With ConsenSys Ventures, Kenetic Capital, PJC, SoFi, Purple Arch Ventures, Lumenary Investment Management.
Sources: finsmes.com, coindesk.com
$1.6M

BlockFi investors

35 investors have backed BlockFi; Valar Ventures, Morgan Creek Digital and Bain Capital Ventures and 3 more led at least one round.

Valar Ventures lead, 3 rounds
Morgan Creek Digital lead, 2 rounds
Bain Capital Ventures lead
DST Global lead
Pomp Investments lead
Tiger Global lead
Avon Ventures 2 rounds
ConsenSys Ventures 2 rounds
Purple Arch Ventures 2 rounds
Breyer Capital
CMS Holdings
Gaingels
Galaxy
Kenetic Capital
Morgan Creek
Pacific Century Group
Paradigm
ParaFi Capital
SCB 10X
SoFi
Susquehanna
Susquehanna Government Products

What BlockFi does

BlockFi works in cryptocurrency, with 13 recorded offerings and customers in financial services and digital assets.

BlockFi International Ltd is a financial services company that operates as a regulated financial institution and money services business. The company provides digital asset trading, wealth management products for crypto investors, and financial services such as crypto interest and non-interest-bearing accounts, ACH transfers, and credit card rewards. BlockFi also offers international business account remediation and estate distribution services, and supports digital asset management through an online platform and mobile application. The company is licensed by the Bermuda Monetary Authority and registered with the U.S. Department of Treasury Financial Crimes Enforcement Network (FinCEN) as a money services business.

Description from Veridion's company data.

Products and services

Digital Asset Management Services
Crypto Interest Account Services
Crypto Trading Platform Services
Cryptocurrency Wallet System Services
Cryptocurrency Loan Services
ACH Transfer Services
International Business Account Remediation Services
Estate Distribution Services
Regulatory Compliance Consulting Services
Blockchain-Based Wealth Management Solutions
Online Financial Platform Development
Mobile Financial Application Development
Secure Digital Asset Transaction Services

Markets

Financial Services
Digital Assets

Technology

Blockchain Technology

Certifications

Bermuda Monetary Authority certified
FinCEN certified
Bank Secrecy Act compliant
Proceeds of Crime Act compliant

Business model

Business-to-Business
Business-to-Consumer
Service Provider

Industry codes (NAICS)

522291 Consumer Lending 50% match
522110 Commercial Banking 30% match
523940 Portfolio Management and Investment Advice 20% match

Questions about BlockFi

What is BlockFi worth?

Valuation $30.3M (range $0 to $30.3M), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Series D, Mar 2021).

Has BlockFi raised money?

BlockFi has 4 funding rounds on record, from Feb 2018 to Mar 2021, $420M in total. The latest disclosed valuation is $3.00B post-money (Series D, Mar 2021).

Who has invested in BlockFi?

Valar Ventures, Morgan Creek Digital, Bain Capital Ventures, DST Global, Pomp Investments and Tiger Global, and 29 more. Lead investors include Valar Ventures, Morgan Creek Digital, Bain Capital Ventures and DST Global.

How many people work at BlockFi?

About 179, up 1% over the last year. Headcount rose from 170 in Jan 2021 to 810 in Feb 2022, then fell to 179 in Sep 2026.

What does BlockFi do?

BlockFi works in cryptocurrency, with 13 recorded offerings and customers in financial services and digital assets. Its main offerings are digital asset management services, crypto interest account services and crypto trading platform services.

When was BlockFi founded, and where is it based?

BlockFi was founded in 2017 and is based in Jersey City, United States. It has about 179 employees, up 1% over the last year.

How we value companies Report an issue