About BlockFi
BlockFi is a company based in Jersey City (United States) founded in 2017. It operates as a FinTech. BlockFi has raised $465.65 million across 11 funding rounds from investors including SoFi, Coinbase and Fidelity Investments. BlockFi offers products and services including BlockFi Rewards Visa® Signature Card. BlockFi operates in a competitive market with competitors including Consensys, Uphold, CRYPTO, BitGo and Fireblocks, among others.
- Headquarter Jersey City, United States
- Stage Unicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$465.65 M (USD)
in 11 rounds
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Latest Funding Round
$400 M (USD), Debt – Conventional
Jun 22, 2022
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Investors
SoFi
& 43 more
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Employee Count
Not available
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Products & Services of BlockFi
BlockFi offers a comprehensive portfolio of products and services, including BlockFi Rewards Visa® Signature Card.
A credit card offering rewards is provided to users.
Funding Insights of BlockFi
BlockFi has successfully raised a total of $465.65M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $400 million completed in June 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.
Investors in BlockFi
BlockFi has secured backing from 44 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SoFi, Coinbase and Fidelity Investments.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on investing in multiple sectors
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Venture capital investment firm
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Global investments in tech sectors are conducted by Valar Ventures.
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Investor details for BlockFi
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by BlockFi
Investment portfolio details for BlockFi
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- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - BlockFi
Detailed financials for BlockFi
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- Profit trends
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Blockfi Comparisons
Peer comparison for BlockFi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of BlockFi
BlockFi 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, Uphold, CRYPTO, BitGo and Fireblocks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Developer of blockchain and web3 software platform
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App-based wallet and exchange platform for cross-border money transfers
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App-based trading and deposit solutions for cryptocurrency are provided.
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Crypto-based custody, trading, and lending services are provided to institutions.
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Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service
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Detailed competitors of BlockFi
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Blockfi
Complete news archive for BlockFi
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Frequently Asked Questions about BlockFi
BlockFi was founded in 2017 and raised its 1st funding round 1 year after it was founded.
BlockFi is headquartered in Jersey City, United States. It is registered at Jersey City, New Jersey, United States.
BlockFi is a funded company, having raised a total of $465.65M across 11 funding rounds to date.
BlockFi is involved in offering financial services related to cryptocurrency. Solutions such as the BlockFi Rewards Visa Signature Card are provided to clients. The company operates within the fintech sector, focusing on innovative financial products. Support for clients is managed through partnerships and third-party administrators like Kroll and Deserve.
BlockFi offers BlockFi Rewards Visa® Signature Card.
BlockFi has 44 investors. Key investors include SoFi, Coinbase, Fidelity Investments, FTX, and Galaxy.
The valuation of BlockFi is $1B as of Jun 2022.