About The Block
The Block is a Media & Entertainment company based in New York (United States) founded in 2018 by Jake Mcgraw and Michael Mccaffrey, and was acquired by Foresight Ventures in November 2023. Bitcoin-focused content is published by The Block platform. Its chief executive, as recorded, is Michael Mccaffrey. Its website theblock.co draws about 1.7 million monthly visits. Its focus areas include Internet First Media, Business and Finance, FinTech and Publishers. Its competitors include CoinDesk, CoinTelegraph and Blockworks; 1 of its 3 listed competitors has raised funding.
Company details
The Block was founded in 2018 and is headquartered in New York, United States. Operations center on a digital content platform dedicated to Bitcoin and cryptocurrency topics. Coverage includes news, analysis, and research services for the blockchain sector. Leadership is provided by co-founders Jake Mcgraw and Michael Mccaffrey, with the latter serving as CEO. The platform operates primarily through its domain, theblock.co, targeting global audiences in the crypto industry.
- Headquarters New York, United States
- Founders Jake Mcgraw, Michael Mccaffrey
- Stage Acquired
- SectorsMedia & Entertainment
- Website category Finance
- Website theblock.co
- Social LinkedIn X Facebook
- Acquired by Foresight Ventures (Nov 2023)
- Latest Funding Round$1.48M (USD), Debt – Conventional
Jun 2019
- InvestorsSeven Hound Ventures
& 1 more
- Acquired byForesight Ventures
(Nov 2023)
Funding Insights of The Block
- Total Rounds 3
- Last Round Debt – Conventional — $1.48M
- Investors Count 1
All 3 funding rounds of The Block with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $1.48M | Debt – Conventional | – | – | – |
| Apr 2019 | $2M | Debt – Conventional | – | – | – |
| Jun 2018 | Seed | – | Seven Hound Ventures | – |
2 investors in total: 2 institutional.
Investors in The Block
The Block has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Seven Hound Ventures and Foresight Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech startups focused VC firm operating across Los Angeles | 7hventures.co | Los Angeles, United States | ||
Blockchain sector focus is maintained by venture capital-backed accelerator. | foresightventures.com | Shanghai, China |
Investor details for The Block
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of The Block
6 people are tracked at The Block (5 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Jake Mcgraw | Co-Founder | Leadership |
Michael Mccaffrey | Co-Founder & CEO | Leadership |
Matthew Vitebsky | Chief Product Officer | Leadership |
Rose Mirzaie | General Counsel & Head Of People Operations | Leadership |
Gina D. | VP Of Revenue | Leadership |
Edvinas Rupkus | Product Manager | Team |
Complete people profiles for The Block
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of The Block
4 dated milestones of The Block across 5 years, from founding to its latest funding, stage changes and deals.
- Founded The Block is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $1.5M.
- Exit Acquired by Foresight Ventures.
Competitors of The Block
The Block has 3 listed competitors in our database, 1 of them funded. They include CoinDesk, CoinTelegraph and Blockworks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coindesk.com | 2013 | New York, United States | Cryptocurrency news and analysis are delivered via an online platform. | |||
| cointelegraph.com | 2013 | New York, United States | Online platform for blockchain news and more | |||
| blockworks.co | 2018 | Brooklyn, United States | $12.1M | 33 | Data and information platform for the crypto industry is provided. |
Detailed competitors of The Block
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of The Block
The website of The Block (theblock.co) receives about 1.7M visits a month and ranks #50,627 among all websites worldwide, #3,210 in Finance.
- Monthly visits1.7M
▲ 27.3% vs previous month
- Unique visitors618.2K
per month
- Global rank#50,627
among all websites
- Category rank#3,210
Finance · Finance
- Bounce rate57%
- Pages per visit1.9
- Average visit1 min 13 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with The Block. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| decrypt.co | 100% | 948.3K | #62,593 | View details | |
| coindesk.com | 94% | 4.5M | #19,660 | View details | |
| blockworks.co | 93% | 197.2K | #257,261 | View details | |
| cointelegraph.com | 92% | 1.2M | #45,714 | View details | |
news.bitcoin.com | news.bitcoin.com | 88% | #72,987 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for The Block
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in DTC Media Innovators
3 companies that operate in the same segment as The Block (DTC Media Innovators) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category news is delivered through an app-based platform. | 2016 | Arlington, Virginia, United States | USD 30 M | 356 | ||
Online platform publishing content focusing on investment | 2011 | Chicago, Illinois, United States | USD 60.4 M | |||
Subscription-based sports media is delivered to local premium audiences. | 2016 | Chicago, Illinois, United States | USD 134.42 M |
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Related news about The Block
Complete news archive for The Block
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about The Block
The Block was founded in 2018.
The Block is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael Mccaffrey is the CEO of The Block, as recorded in our data. They have also founded this company.
The Block was founded in 2018 and is headquartered in New York, United States. Operations center on a digital content platform dedicated to Bitcoin and cryptocurrency topics. Coverage includes news, analysis, and research services for the blockchain sector. Leadership is provided by co-founders Jake Mcgraw and Michael Mccaffrey, with the latter serving as CEO. The platform operates primarily through its domain, theblock.co, targeting global audiences in the crypto industry.
The Block's top competitors include CoinTelegraph, CoinDesk and Blockworks.
The Block has 2 investors. Key investors include Seven Hound Ventures, and Foresight Ventures.
Yes. The Block was acquired by Foresight Ventures in November 2023.
The website of The Block receives about 1.7 million visits a month and ranks #50,627 among all websites worldwide.