About Bloxroute
Bloxroute is a company based in Evanston (United States) founded in 2017 by Uri Klarman.. Bloxroute has raised $89.61 million across 7 funding rounds from investors including Lightspeed, Draganfly and Flow Traders. Bloxroute offers products and services including Blockchain Distribution Network (BDN), Solana Trader API, and Validator Gateway. Bloxroute operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Evanston, United States
- Founders Uri Klarman
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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- Legal Name Bloxroute Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$89.61 M (USD)
in 7 rounds
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Latest Funding Round
$70.46 M (USD), Series B
Apr 12, 2022
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Investors
Lightspeed
& 12 more
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Employee Count
Employee Count
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Products & Services of Bloxroute
Bloxroute offers a comprehensive portfolio of products and services, including Blockchain Distribution Network (BDN), Solana Trader API, and Validator Gateway. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Accelerates blockchain transactions for faster propagation and performance.
Enhances trading speeds and inclusion rates on Solana blockchain.
Boosts Ethereum validator rewards and efficiency.
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Funding Insights of Bloxroute
Bloxroute has successfully raised a total of $89.61M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $70.46 million completed in April 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 7
- Last Round Series B — $70.5M
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First Round
First Round
(21 Feb 2018)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Series B - Bloxroute | Valuation | SoftBank Vision Fund | |
| Jun, 2021 | Amount | Seed - Bloxroute | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - Bloxroute | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Bloxroute
Bloxroute has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed, Draganfly and Flow Traders. 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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Venture capital investments in technology and startups.
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Investments are focused on crypto and tech companies by ParaFi.
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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 Bloxroute
| 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 |
Financial Statements - Bloxroute
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Bloxroute Comparisons
Competitors of Bloxroute
Bloxroute 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 |
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| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
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Mobile app for storing and trading cryptocurrencies is utilized.
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App-based wallet and exchange platform for cross-border money transfers
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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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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 Bloxroute
Frequently Asked Questions about Bloxroute
When was Bloxroute founded?
Bloxroute was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Bloxroute located?
Bloxroute is headquartered in Evanston, United States. It is registered at Evanston, Illinois, United States.
Who is the current CEO of Bloxroute?
Uri Klarman is the current CEO of Bloxroute. They have also founded this company.
Is Bloxroute a funded company?
Bloxroute is a funded company, having raised a total of $89.61M across 7 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Feb 21, 2018.
What does Bloxroute do?
Bloxroute was founded in 2017 in Evanston, United States, within the blockchain sector. Cloud-based scaling infrastructure is offered for transaction processing across various blockchains. The system operates below the consensus layer of existing networks, enabling support for multiple blockchain types. Node interactions for sending and receiving blocks cannot be censored or restricted. Services emphasize reliable transaction propagation in a decentralized environment.
Who are the top competitors of Bloxroute?
What products or services does Bloxroute offer?
Bloxroute offers Blockchain Distribution Network (BDN), Solana Trader API, and Validator Gateway.
Who are Bloxroute's investors?
Bloxroute has 13 investors. Key investors include Lightspeed, Draganfly, Flow Traders, Jane Street, and SoftBank Vision Fund.
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