NYDIG valuation, funding and investors

NYDIG works in power and bitcoin mining operations, based in New York, United States. Founded in 2017, it has about 196 employees.

Cryptocurrency New York Growth Equity

VALUATION · TODAY

$4.06B +0% after Growth

Range $742M – $7.75B · Grade D

TODAY

+12 MO

$2.50B

$5.00B

$7.50B

$10.00B

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Growth $50.0M

Growth $200M

Growth $100M

Growth $1.00B

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

HEADCOUNT · TODAY196 employees

+2%6m growth

+6%1y growth

+40%2y growth

100

200

300

Data from Feb 2022

TODAY

Predicted in 1 yr $4.06B +0% vs today

Predicted next raise $676M if a round comes

Winding-down probability 19%

Last round: Growth · $1.00B · Dec 2021
Valuation at last round: $7.00B
Headcount: 196 · up
Grade: D
Founded: 2017

How VCMC values companies →

NYDIG valuation today

VCMC values NYDIG at $4.1B today, with a range of $742M to $7.8B and a grade of D. The valuation starts from its last funding round, a growth round in Dec 2021.

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.

NYDIG: 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%
1 Feb 2019	$16.2M	$5.88M – $44.4M	$19.6M (+21%)	before first round	–	unknown	D	0%
1 Mar 2019	$16.6M	$6.03M – $45.5M	$19.8M (+19%)	before first round	–	unknown	D	0%
1 Apr 2019	$17.0M	$6.19M – $46.7M	$20.0M (+17%)	before first round	–	unknown	D	0%
1 May 2019	$17.5M	$6.35M – $47.9M	$20.1M (+15%)	before first round	–	unknown	D	0%
1 Jun 2019	$17.9M	$6.53M – $49.3M	$20.3M (+13%)	before first round	–	unknown	D	0%
1 Jul 2019	$18.4M	$6.70M – $50.5M	$20.5M (+11%)	before first round	–	unknown	D	0%
1 Aug 2019	$18.6M	$6.77M – $51.1M	$20.7M (+11%)	before first round	–	unknown	D	0%
1 Sep 2019	$18.8M	$6.83M – $51.5M	$20.9M (+11%)	before first round	–	unknown	D	0%
1 Oct 2019	$18.9M	$6.89M – $52.0M	$21.1M (+11%)	before first round	–	unknown	D	0%
1 Nov 2019	$19.1M	$6.95M – $52.5M	$21.3M (+11%)	before first round	–	unknown	D	0%
1 Dec 2019	$19.3M	$7.01M – $52.9M	$21.5M (+11%)	before first round	–	unknown	D	0%
1 Jan 2020	$19.4M	$7.08M – $53.4M	$21.7M (+11%)	before first round	–	unknown	D	0%
1 Feb 2020	$19.6M	$7.14M – $53.9M	$21.9M (+11%)	before first round	–	unknown	D	0%
1 Mar 2020	$19.8M	$7.21M – $54.4M	$22.0M (+11%)	before first round	–	unknown	D	0%
1 Apr 2020	$20.0M	$7.27M – $54.9M	$22.2M (+11%)	before first round	–	unknown	D	0%
1 May 2020	$20.2M	$7.34M – $55.4M	$22.4M (+11%)	before first round	–	unknown	D	0%
1 Jun 2020	$20.3M	$7.40M – $55.9M	$22.6M (+11%)	before first round	–	unknown	D	0%
1 Jul 2020	$20.5M	$7.47M – $56.4M	$22.8M (+11%)	before first round	–	unknown	D	0%
1 Aug 2020	$20.7M	$7.54M – $56.9M	$23.1M (+11%)	before first round	–	unknown	D	0%
1 Sep 2020	$20.9M	$7.61M – $57.4M	$23.3M (+11%)	before first round	–	unknown	D	0%
1 Oct 2020	$21.1M	$7.67M – $57.9M	$23.5M (+11%)	before first round	–	unknown	D	0%
14 Oct 2020	$556M	$365M – $930M	$611M (+10%)	after a round	–	unknown	B	0%
1 Nov 2020	$558M	$365M – $930M	$611M (+9%)	after a round	–	unknown	B	0%
1 Dec 2020	$563M	$365M – $930M	$611M (+9%)	after a round	–	unknown	B	0%
1 Jan 2021	$567M	$365M – $930M	$611M (+8%)	after a round	–	unknown	B	0%
1 Feb 2021	$572M	$365M – $930M	$611M (+7%)	after a round	–	unknown	B	0%
1 Mar 2021	$576M	$365M – $930M	$611M (+6%)	after a round	–	unknown	B	0%
9 Mar 2021	$1.3B	$895M – $2.0B	$1.4B (+10%)	after a round	–	unknown	B	0%
1 Apr 2021	$1.3B	$895M – $2.0B	$1.4B (+9%)	after a round	–	unknown	B	0%
9 Apr 2021	$7.0B	$6.1B – $8.9B	$7.7B (+10%)	after a round	–	unknown	A	0%
1 May 2021	$7.0B	$6.1B – $8.9B	$7.7B (+9%)	after a round	–	unknown	A	0%
1 Jun 2021	$7.1B	$6.1B – $8.9B	$7.7B (+8%)	after a round	–	unknown	A	0%
1 Jul 2021	$7.2B	$6.1B – $8.9B	$7.7B (+8%)	after a round	–	unknown	A	0%
1 Aug 2021	$7.2B	$6.1B – $8.9B	$7.7B (+7%)	after a round	–	unknown	A	0%
1 Sep 2021	$7.3B	$6.1B – $8.9B	$7.7B (+6%)	after a round	–	unknown	A	0%
1 Oct 2021	$7.3B	$6.1B – $8.9B	$7.7B (+5%)	after a round	–	unknown	A	0%
1 Nov 2021	$7.4B	$6.1B – $8.9B	$7.7B (+4%)	after a round	–	unknown	A	0%
1 Dec 2021	$7.4B	$6.1B – $8.9B	$7.7B (+3%)	after a round	–	unknown	A	0%
15 Dec 2021	$7.0B	$6.1B – $8.9B	$7.7B (+10%)	after a round	–	unknown	A	0%
1 Jan 2022	$7.0B	$6.1B – $8.9B	$7.7B (+9%)	after a round	–	unknown	A	0%
1 Feb 2022	$7.1B	$6.1B – $8.9B	$7.7B (+9%)	after a round	220	unknown	A	0%
1 Mar 2022	$7.1B	$6.1B – $8.9B	$7.7B (+8%)	after a round	220	unknown	A	0%
1 Apr 2022	$7.2B	$6.1B – $8.9B	$7.7B (+7%)	after a round	220	unknown	A	0%
1 May 2022	$7.3B	$6.1B – $8.9B	$7.7B (+6%)	after a round	220	unknown	A	0%
1 Jun 2022	$7.3B	$6.1B – $8.9B	$7.7B (+5%)	after a round	220	unknown	A	0%
1 Jul 2022	$7.4B	$6.1B – $8.9B	$7.7B (+4%)	after a round	220	unknown	A	0%
1 Aug 2022	$7.4B	$6.1B – $8.9B	$7.7B (+4%)	after a round	220	unknown	A	0%
1 Sep 2022	$7.5B	$6.1B – $8.9B	$7.7B (+3%)	after a round	220	unknown	A	0%
1 Oct 2022	$7.6B	$6.1B – $8.9B	$7.7B (+2%)	after a round	220	unknown	A	0%
1 Nov 2022	$7.6B	$6.1B – $8.9B	$7.7B (+1%)	after a round	220	unknown	A	0%
1 Dec 2022	$7.7B	$6.1B – $8.9B	$7.7B (0%)	after a round	220	unknown	A	0%
1 Jan 2023	$7.9B	$6.0B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Feb 2023	$7.9B	$5.8B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Mar 2023	$7.9B	$5.7B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Apr 2023	$7.9B	$5.6B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 May 2023	$7.9B	$5.4B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Jun 2023	$7.9B	$5.3B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Jul 2023	$7.9B	$5.2B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Aug 2023	$7.9B	$5.0B – $9.1B	$7.9B (0%)	after a round	250	up	A	0%
1 Sep 2023	$7.9B	$4.0B – $9.1B	$7.9B (0%)	after a round	250	unknown	B	0%
1 Oct 2023	$4.6B	$3.6B – $6.7B	$2.7B (-41%)	after a round	170	shrinking	B	97%
1 Nov 2023	$4.4B	$3.4B – $6.6B	$2.6B (-41%)	after a round	170	shrinking	B	97%
1 Dec 2023	$4.2B	$3.2B – $6.5B	$2.5B (-40%)	after a round	170	shrinking	B	97%
1 Jan 2024	$4.0B	$3.1B – $5.9B	$2.3B (-43%)	after a round	170	shrinking	B	97%
1 Feb 2024	$3.8B	$2.9B – $5.8B	$2.2B (-43%)	after a round	170	shrinking	B	97%
1 Mar 2024	$3.5B	$2.7B – $5.5B	$2.0B (-43%)	after a round	140	shrinking	B	97%
1 Apr 2024	$3.3B	$2.5B – $5.3B	$1.9B (-43%)	after a round	140	shrinking	B	97%
1 May 2024	$3.2B	$2.4B – $5.2B	$1.8B (-43%)	after a round	140	shrinking	B	97%
1 Jun 2024	$3.1B	$2.3B – $5.1B	$1.7B (-43%)	after a round	140	shrinking	B	97%
1 Jul 2024	$3.0B	$2.2B – $5.0B	$1.7B (-44%)	after a round	140	shrinking	B	97%
1 Aug 2024	$3.5B	$2.1B – $7.9B	$2.1B (-40%)	after a round	140	down	C	94%
1 Sep 2024	$3.4B	$2.0B – $7.9B	$2.0B (-40%)	after a round	140	down	C	94%
1 Oct 2024	$3.3B	$1.9B – $7.9B	$2.0B (-40%)	after a round	140	down	C	94%
1 Nov 2024	$3.2B	$1.8B – $8.0B	$1.9B (-40%)	after a round	140	down	C	92%
1 Dec 2024	$3.1B	$1.7B – $8.0B	$1.9B (-40%)	after a round	140	down	C	92%
1 Jan 2025	$2.8B	$1.6B – $6.7B	$1.9B (-31%)	after a round	140	down	C	92%
1 Feb 2025	$2.7B	$1.5B – $6.7B	$1.8B (-31%)	after a round	140	down	C	92%
1 Mar 2025	$2.6B	$1.5B – $6.6B	$1.8B (-31%)	after a round	140	down	C	92%
1 Apr 2025	$2.5B	$1.4B – $6.6B	$1.7B (-31%)	after a round	140	down	C	92%
1 May 2025	$2.6B	$1.3B – $6.6B	$1.9B (-29%)	after a round	140	flat	C	85%
1 Jun 2025	$2.7B	$1.3B – $6.6B	$2.0B (-27%)	after a round	140	flat	C	78%
1 Jul 2025	$3.0B	$1.3B – $7.0B	$2.3B (-25%)	after a round	171	up	C	72%
1 Aug 2025	$3.2B	$1.3B – $7.2B	$2.5B (-23%)	after a round	185	up	C	66%
1 Sep 2025	$3.3B	$1.3B – $7.3B	$2.6B (-21%)	after a round	185	up	C	61%
1 Oct 2025	$3.5B	$1.2B – $7.3B	$2.8B (-20%)	after a round	185	up	C	56%
1 Nov 2025	$3.7B	$1.8B – $7.5B	$3.1B (-17%)	after a round	197	growing	C	51%
1 Dec 2025	$3.8B	$1.9B – $7.6B	$3.3B (-14%)	after a round	197	growing	C	47%
1 Jan 2026	$4.1B	$2.0B – $8.2B	$3.5B (-14%)	after a round	197	growing	C	44%
1 Feb 2026	$4.2B	$2.0B – $8.2B	$3.7B (-12%)	after a round	197	growing	C	40%
1 Mar 2026	$4.4B	$2.0B – $8.2B	$4.0B (-10%)	after a round	197	growing	C	37%
1 Apr 2026	$4.5B	$2.0B – $8.2B	$4.1B (-8%)	after a round	192	growing	C	34%
1 May 2026	$4.6B	$2.1B – $8.2B	$4.3B (-6%)	after a round	192	growing	C	31%
1 Jun 2026	$4.4B	$1.0B – $7.7B	$4.2B (-5%)	after a round	192	up	D	29%
1 Jul 2026	$4.5B	$1.0B – $7.7B	$4.4B (-3%)	after a round	192	up	D	26%
1 Aug 2026	$4.7B	$982M – $7.7B	$4.6B (-2%)	after a round	195	up	D	24%
1 Sep 2026	$4.8B	$951M – $7.7B	$4.7B (-1%)	after a round	195	up	D	22%
1 Oct 2026	$4.9B	$922M – $7.7B	$4.9B (0%)	after a round	196	up	D	21%
24 Oct 2026	$4.1B	$742M – $7.8B	$4.1B (0%)	after a round	196	up	D	19%

Key facts about NYDIG

Founded: 2017
Headquarters: New York, United States
Employees: about 196 +6% in a year
Total raised: $1.35B
Funding rounds: 5
Last round: Growth Equity Dec 2021

NYDIG was founded in 2017 by Robby Gutmann and Ross Stevens.

NYDIG funding history

NYDIG has 5 funding rounds on record, from Oct 2020 to Dec 2021, $1.35B in total. The latest disclosed valuation is $7.00B post-money (Growth Equity, Dec 2021).

Growth Equity 14 Dec 2021
Led by WestCap; with Bessemer Venture Partners, FinTech Collective, Affirm, FIS, Fiserv, MassMutual Ventures, Morgan Stanley, New York Life.
Sources: prnewswire.com, glenbrook.com, fintech.io and 4 more
$1.00B
$7.00B post-money
Growth Equity 8 Apr 2021
With Starr Insurance, Liberty Mutual Strategic Ventures.
Sources: prnewswire.com, theblock.co, ledgerinsights.com and 1 more
$100M
$7.00B post-money
Growth Equity 8 Mar 2021
Led by Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual Ventures, Soros Fund Management, FS Investors; with Bessemer Venture Partners, FinTech Collective.
Sources: prnewswire.com, bankershelpingbankers.com, fintech.io and 2 more
$200M
Other 10 Dec 2020no round page
Led by Massachusetts Mutual Life Insurance Company.
Sources: prnewswire.com, tumcso.com
$5.0M
Growth Equity 13 Oct 2020
Led by FinTech Collective; with Bessemer Venture Partners, Ribbit, Starr, Stone Ridge.
Sources: prnewswire.com, bvp.com, fintech.io and 5 more
$50M

NYDIG investors

18 investors have backed NYDIG; FinTech Collective, MassMutual Ventures and Morgan Stanley and 6 more led at least one round.

Morgan Stanley lead, 2 rounds
New York Life lead, 2 rounds
Massachusetts Mutual Life Insurance Company lead
Soros Fund Management lead
Stone Ridge Holdings Group lead
WestCap lead
Bessemer Venture Partners 3 rounds
Affirm
FIS
Fiserv
Ribbit
Starr
Starr Insurance
Stone Ridge

What NYDIG does

NYDIG works in cryptocurrency, with 11 recorded offerings and customers in financial services and energy.

New York Digital Investment Group LLC, known as NYDIG, is an American company that operates in the financial and energy sectors. The company provides bitcoin mining and power infrastructure services, as well as financial infrastructure solutions such as spot and derivatives trading, structuring, and financing through a proprietary platform. NYDIG also offers institutional-grade custody and financing services, and conducts research and insights related to bitcoin and energy. The company is regulated by the New York Department of Financial Services and is an affiliate of Stone Ridge Holdings Group, which operates natural gas production in the United States.

Description from Veridion's company data.

Products and services

Power and Bitcoin Mining Operations
Bitcoin Mining Energy Optimization
Bitcoin Financial Infrastructure Services
Bitcoin Spot and Derivatives Trading
Bitcoin Lending and Financing Services
Bitcoin Custody and Structuring Services
Risk Management and Hedging Solutions
Regulated Custody Services
Proprietary Financial Platform Development
Financial and Energy Sector Research Services
Bitcoin and Energy Market Analysis Services

Markets

Financial Services
Energy

Technology

Bitcoin Mining for Proof-of-Work Security
Quantum Computing Impact Analysis
Proprietary Bitcoin-secured Lending
Proprietary Bitcoin-secured Derivatives Structuring
Proprietary Bitcoin-secured Risk Management Solutions

Business model

Business-to-Business
Service Provider
Enterprise

Industry codes (NAICS)

221112 Fossil Fuel Electric Power Generation 40% match
523150 Investment Banking and Securities Intermediation 30% match
523991 Trust, Fiduciary, and Custody Activities 20% match
221210 Natural Gas Distribution 10% match

Questions about NYDIG

What is NYDIG worth?

Valuation $4.1B (range $742M to $7.8B), as of 24 Oct 2026. The last disclosed valuation was $7.00B (Growth Equity, Dec 2021).

Has NYDIG raised money?

NYDIG has 5 funding rounds on record, from Oct 2020 to Dec 2021, $1.35B in total. The latest disclosed valuation is $7.00B post-money (Growth Equity, Dec 2021).

Who has invested in NYDIG?

FinTech Collective, MassMutual Ventures, Morgan Stanley, New York Life, FS Investors and Massachusetts Mutual Life Insurance Company, and 12 more. Lead investors include FinTech Collective, MassMutual Ventures, Morgan Stanley and New York Life.

How many people work at NYDIG?

About 196, up 6% over the last year. Headcount rose from 220 in Feb 2022 to 250 in Jan 2023, then fell to 196 in Sep 2026.

What does NYDIG do?

NYDIG works in cryptocurrency, with 11 recorded offerings and customers in financial services and energy. Its main offerings are power and bitcoin mining operations, bitcoin mining energy optimization and bitcoin financial infrastructure services.

When was NYDIG founded, and where is it based?

NYDIG was founded in 2017 and is based in New York, United States. It has about 196 employees, up 6% over the last year.

How we value companies Report an issue