Riot Platforms

Castle Rock, United States Founded: 2000 • Age: 26 yrs Acquired By Venaxis
Bitcoin mining solutions are offered by the platform.
Annual revenue $376.7M Latest available
Total funding - 8 rounds
Employees 783 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Riot Platforms

Riot Platforms is a company based in Castle Rock (United States) founded in 2000 was acquired by Venaxis in September 2016. The company has 783 employees as of December 31, 2024. Riot Platforms has completed 1 acquisition, including Block Mining. Riot Platforms offers products and services including Bitcoin Mining Service and Infrastructure Platform. Riot Platforms operates in a competitive market with competitors including Core Scientific, Pi Network, Carterra, Bitfarms and Nicoya Life, among others.

  • Headquarter Castle Rock, United States
  • Employees 783 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Healthcare Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Riot Platforms, Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $376.66 M (USD)
    34.2
    as on Dec 31, 2024
  • Net Profit
    $109.4 M (USD)
    0
    as on Dec 31, 2024
  • EBITDA
    -$153.01 M (USD)
    -106.77
    as on Dec 31, 2024
  • Latest Funding Round
    $594.4 M (USD), Post-IPO

    Dec 16, 2024

  • Investors
    Vanguard

    & 4 more

  • Employee Count
    783

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Venaxis

    (Sep 12, 2016)

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IPO & Listings of Riot Platforms

Riot Platforms is a publicly listed company on the NASDAQ with ticker symbol RIOT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: RIOT · Sector: Technology services · USA

Products & Services of Riot Platforms

Riot Platforms offers a comprehensive portfolio of products and services, including Bitcoin Mining Service and Infrastructure Platform.

Product name locked
Category locked
Primary

Provides large-scale Bitcoin mining operations for blockchain support

Product name locked
Category locked
Locked

Offers Bitcoin-driven platform for energy and finance convergence

People of Riot Platforms

Headcount 200-500
Employee Profiles 53
Board Members and Advisors 4
Employee Profiles
People
Paul A. Felix II
EPC Project Coordinator
People
Jason Les
Chief Executive Officer
People
Ryan Werner
SVP, Chief Accounting Officer
People
William Jackman
General Counsel

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Board Members and Advisors
people
Lance D'Ambrosio
Director
people
Benjamin Yi
Chairman
people
Jeffrey McGonegal
Senior Advisor

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Funding Insights of Riot Platforms

Investors in Riot Platforms

Riot Platforms has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Vanguard, HHS and Venaxis.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is offered by Boulder Ventures for innovative companies.
Locked Locked Locked
Diversified investment management services are offered to investors worldwide.
Locked Locked Locked
Public health and human services are overseen by HHS.
Locked Locked Locked
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Investor details for Riot Platforms

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Riot Platforms

Riot Platforms has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Block Mining.

Investments
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Investment portfolio details for Riot Platforms

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
End-to-end support services for blockchain hardware are provided.
Locked Locked 2019 Locked
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Complete acquisition details for Riot Platforms

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Riot Platforms

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Detailed financials for Riot Platforms

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  • Profit trends
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Riot Platforms Comparisons

Riot Platforms Primary company
Description
Bitcoin mining solutions are offered by the platform.
Location
Castle Rock, United States
Founded Year
2000
Annual Revenue
$376.66 M (USD)
Net Profit
$109.4 M (USD)
EBITDA
-$153.01 M (USD)
Employees
783
As of 2024
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Peer comparison for Riot Platforms

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Competitors of Riot Platforms

Riot Platforms 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 Core Scientific, Pi Network, Carterra, Bitfarms and Nicoya Life, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI and blockchain infrastructure plus software solutions are offered.
Locked Locked Locked
Provider of blockchain-based platform offering to mine coins
Locked Locked Locked
SPR-based platforms are developed for enzyme kinetics studies.
Locked Locked Locked
Cryptocurrency cloud mining solutions are provided via blockchain infrastructure.
Locked Locked Locked
Hyperspectral optical microscopes for surface analysis are provided.
Locked Locked Locked
Cloud mining platform for cryptocurrencies
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Detailed competitors of Riot Platforms

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Riot Platforms

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Complete news archive for Riot Platforms

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Riot Platforms

Riot Platforms was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Riot Platforms is headquartered in Castle Rock, United States. It is registered at Castle Rock, Colorado, United States.

Jason Les is the current CEO of Riot Platforms.

As of Dec 31, 2024, the latest employee count at Riot Platforms is 783.

Annual revenue of Riot Platforms is $376.66M as on Dec 31, 2024.

Riot Platforms was established in 2000 and is based in Castle Rock, United States. Operations in the cryptocurrency sector are centered on bitcoin mining activities. Solutions for mining are provided through infrastructure and technology services. The company maintains its online presence via riotplatforms.com, supporting bitcoin production in a competitive market environment. Leadership includes roles such as Executive Chairman and CEO positions held by key executives.

Riot Platforms's top competitors include Pi Network, Core Scientific and Carterra.

Riot Platforms offers Bitcoin Mining Service and Infrastructure Platform.

Yes, Riot Platforms is publicly traded on NASDAQ under the ticker symbol RIOT.

Riot Platforms has made 1 acquisition, including Block Mining.

Riot Platforms has 5 investors. Key investors include Vanguard, HHS, Venaxis, Boulder Ventures, and National Science Foundation.

The ticker symbol of Riot Platforms is RIOT on NASDAQ.

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