About Blockdaemon
Blockdaemon is a company based in Los Angeles (United States) founded in 2017 by Konstantin Richter.. Blockdaemon has raised $467.9 million across 11 funding rounds from investors including Uphold, BlockFi and Goldman Sachs. Blockdaemon has completed 4 acquisitions, including Expand.network, Gem and Lunie. Blockdaemon operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Los Angeles, United States
- Founders Konstantin Richter
- Stage Unicorn
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$467.9 M (USD)
in 11 rounds
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Latest Funding Round
$28 M (USD), Series C
Aug 28, 2022
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Investors
Uphold
& 37 more
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Employee Count
Employee Count
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Investments & Acquisitions
Expand.network
& 3 more
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Funding Insights of Blockdaemon
Blockdaemon has successfully raised a total of $467.9M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $28 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series C — $28.0M
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First Round
First Round
(08 Nov 2017)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2022 | Amount | Series C - Blockdaemon | Valuation |
investors |
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| Aug, 2022 | Amount | Series C - Blockdaemon | Valuation |
investors |
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| Apr, 2022 | Amount | Series C - Blockdaemon | Valuation | Citi Ventures , Telstra Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blockdaemon
Blockdaemon has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Uphold, BlockFi and Goldman Sachs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Blockdaemon
Blockdaemon has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Expand.network, Gem and Lunie. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Infrastructure, APIs, and developer tools are offered for Web3 platforms.
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2023 | ||||
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Staking and governance platform is operated for proof-of-stake blockchains.
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2019 | ||||
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Cryptocurrency portfolios are managed with real-time exchange and wallet data.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Blockdaemon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blockdaemon Comparisons
Competitors of Blockdaemon
Blockdaemon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Consensys, Luno, Uphold, Coins.ph and BlockFi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
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| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
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| domain | founded_year | HQ Location |
Digital wallet for Bitcoin assets
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| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
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| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blockdaemon
Frequently Asked Questions about Blockdaemon
When was Blockdaemon founded?
Blockdaemon was founded in 2017.
Where is Blockdaemon located?
Blockdaemon is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Blockdaemon?
Konstantin Richter is the current CEO of Blockdaemon. They have also founded this company.
Is Blockdaemon a funded company?
Blockdaemon is a funded company, having raised a total of $467.9M across 11 funding rounds to date.
What does Blockdaemon do?
Blockdaemon was founded in 2017 in Los Angeles, United States, focusing on blockchain infrastructure. Cloud-based solutions are provided to deploy and manage distributed ledger nodes for enterprises. Private and public blockchains are supported, along with the development of multichain and multi-cloud networks. Operations enable businesses to implement scalable blockchain systems across various environments.
Who are the top competitors of Blockdaemon?
How many acquisitions has Blockdaemon made?
Blockdaemon has made 4 acquisitions, including Expand.network, Gem, and Lunie.
Who are Blockdaemon's investors?
Blockdaemon has 38 investors. Key investors include Uphold, BlockFi, Goldman Sachs, Galaxy, and JPMorgan Chase.
What is Blockdaemon's valuation?
The valuation of Blockdaemon is $3.25B as of Jan 2022.
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