About Fireblocks
Fireblocks is a company based in New York (United States) founded in 2018 by Michael Shaulov, Idan Ofrat, and Pavel Berengoltz.. Fireblocks has raised $1.04 billion across 5 funding rounds from investors including Swisscom, SVB and Galaxy. Fireblocks has completed 5 acquisitions, including 1st Digital, BlockFold and Dynamic. Fireblocks operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Consensys and Synchrony, among others.
- Headquarter New York, United States
- Founders Michael Shaulov, Idan Ofrat, Pavel Berengoltz
- 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
$1.04 B (USD)
in 5 rounds
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Latest Funding Round
$550 M (USD), Series E
Jan 27, 2022
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Investors
Swisscom
& 31 more
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Employee Count
Employee Count
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Investments & Acquisitions
1st Digital
& 4 more
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Sales and Marketing
69 people
Software Development Team
58 people
Leadership Team
32 people
Product Management Team
23 people
Senior Team
19 people
Human Resources and Administration
11 people
Customer Team
10 people
Operations Team
10 people
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Funding Insights of Fireblocks
Fireblocks has successfully raised a total of $1.04B across 5 strategic funding rounds. The most recent funding activity was a Series E round of $550 million completed in January 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 5
- Last Round Series E — $550.0M
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First Round
First Round
(11 Jun 2019)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series E - Fireblocks | Valuation | Spark Capital , D1 Capital Partners | |
| Jul, 2021 | Amount | Series D - Fireblocks | Valuation | Sequoia Capital , Stripes | |
| Mar, 2021 | Amount | Series C - Fireblocks | Valuation | Ribbit Capital , Stripes |
| 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 Fireblocks
Fireblocks has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Swisscom, SVB and Galaxy. 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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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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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 Fireblocks
Fireblocks has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include 1st Digital, BlockFold and Dynamic. 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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Crypto accounting and treasury solutions are provided for digital assets.
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2022 | ||||
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Smart contracts are developed and audited via an online platform.
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2021 | ||||
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Blockchain application development platforms are provided for developers.
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2018 |
| 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 - Fireblocks
| 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 |
Fireblocks Comparisons
Competitors of Fireblocks
Fireblocks 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 PayPal, Zscaler, Chainalysis, Consensys and Synchrony, 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 |
Online payment solutions are offered to consumers and businesses.
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| domain | founded_year | HQ Location |
Cybersecurity and zero trust solutions are delivered for secure networks.
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| domain | founded_year | HQ Location |
Blockchain data platform insights for cryptocurrency are delivered.
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| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
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| domain | founded_year | HQ Location |
Synchrony is engaged in providing credit cards and banking services.
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| domain | founded_year | HQ Location |
Mobile app for storing and trading cryptocurrencies is utilized.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fireblocks
Frequently Asked Questions about Fireblocks
When was Fireblocks founded?
Fireblocks was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Fireblocks located?
Fireblocks is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Fireblocks?
Michael Shaulov is the current CEO of Fireblocks. They have also founded this company.
Is Fireblocks a funded company?
Fireblocks is a funded company, having raised a total of $1.04B across 5 funding rounds to date. The company's 1st funding round was a Series C of $133M, raised on Jun 11, 2019.
What does Fireblocks do?
Fireblocks was founded in 2018 in New York, United States, as a provider in the cryptocurrency sector. An online platform is offered for custody, payments, tokenization, and wallet-as-a-service. APIs are utilized to manage treasury operations, access decentralized finance, mint and burn tokens, and oversee digital asset activities. Operations focus on secure handling of crypto assets for institutional users.
Who are the top competitors of Fireblocks?
How many acquisitions has Fireblocks made?
Fireblocks has made 5 acquisitions, including 1st Digital, BlockFold, and Dynamic.
Who are Fireblocks's investors?
Fireblocks has 32 investors. Key investors include Swisscom, SVB, Galaxy, General Atlantic, and Digital Currency Group.
What is Fireblocks's valuation?
The valuation of Fireblocks is $8B as of Jan 2022.
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