About Hyperblock
Hyperblock is a company based in Toronto (Canada) founded in 2017 by Sean Walsh. It operates as a B2B. Hyperblock has raised $21.55 million across 2 funding rounds. Hyperblock has completed 2 acquisitions, including BitCity and Blockchaindynamicsltd.com. Hyperblock operates in a competitive market with competitors including Hut 8 Mining, Cipher Mining, Botanix Labs, Omega Network and Solayer, among others.
- Headquarter Toronto, Canada
- Founders Sean Walsh
- Stage Public
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Sectors
Natural Resources
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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
$21.55 M (USD)
in 2 rounds
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Latest Funding Round
$21.04 M (USD), Series A
Mar 14, 2018
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
BitCity
& 1 more
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Funding Insights of Hyperblock
Hyperblock has successfully raised a total of $21.55M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $21.04 million completed in March 2018. 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 2
- Last Round Series A — $21.0M
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First Round
First Round
(07 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series A - Hyperblock | Valuation |
investors |
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| Feb, 2018 | Amount | Seed - Hyperblock | Valuation |
investors |
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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 |
Investments & Acquisitions by Hyperblock
Hyperblock has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BitCity and Blockchaindynamicsltd.com. 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
|
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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Cryptocurrency mining services are offered by the BitCity platform.
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2017 | ||||
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Enterprise-grade cold storage, crypto security, and trading services are provided.
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2017 |
| 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 - Hyperblock
| 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 |
Hyperblock Comparisons
Competitors of Hyperblock
Hyperblock 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 Hut 8 Mining, Cipher Mining, Botanix Labs, Omega Network and Solayer, 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 |
Digital asset mining and performance computing solutions for individuals
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| domain | founded_year | HQ Location |
Mining infrastructure for cryptocurrencies and Bitcoin
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| domain | founded_year | HQ Location |
Builds Bitcoin Layer 2 for DeFi, staking, and EVM-compatible applications.
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| domain | founded_year | HQ Location |
Digital currency platform that facilitates the creation, transfer, and storage of digital assets
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| domain | founded_year | HQ Location |
Decentralized network security is provided through Solana restaking.
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| domain | founded_year | HQ Location |
Liquidity is provided for staked assets on multiple Cosmos chains.
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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 Hyperblock
Frequently Asked Questions about Hyperblock
When was Hyperblock founded?
Hyperblock was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Hyperblock located?
Hyperblock is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Hyperblock?
Sean Walsh is the current CEO of Hyperblock. They have also founded this company.
Is Hyperblock a funded company?
Hyperblock is a funded company, having raised a total of $21.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $509.43K, raised on Feb 07, 2018.
What does Hyperblock do?
Hyperblock, established in 2017, excels in finance, dealing with cryptocurrency, mining, and facilities operation. Operates crypto mining facilities for industry clients. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Hyperblock?
Hyperblock's top competitors include Hut 8 Mining, Solayer and Cipher Mining.
How many acquisitions has Hyperblock made?
Hyperblock has made 2 acquisitions, including BitCity, and Blockchaindynamicsltd.com.
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