Who invested in Bakkt

2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Raised 9 months ago

Funding summaryUpdated 26 Oct 2026

$230Mraised across 2 rounds since 2019, from 2 sources

$182MRound$48MRound

Latest round: Round, $48MFeb 2026
Biggest round: $182MRound · Jan 2019
Investors: 11

See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20192020202120222023202420252026

$182MRound$48MRound

First round: Round, $182M
Biggest round: $182M
Between rounds: 7.1 years

The rounds

Feb 2026
Round$48M1 new3 returning
Source recorded
Jan 2019
Round$182M10 new
Reported by TechCrunchSEC filing: $183M sold, first sale Dec 2018

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Round2019Round2026

PayUBoston Consulting Group

Eagle Seven

Goldfinch

Everyone who backed them

Pantera CapitalVC firm2rounds

CMT DigitalVC firm2rounds

Galaxy DigitalPrivate equity2rounds

M12Corporate VC1round

Horizons VenturesVC firm1round

SGH CAPITALVC firm1round

PayUGrowth equity1round

Boston Consulting GroupVC firm1round

Eagle SevenVC firm1round

GoldfinchFamily office1round

Protocol VenturesFund of funds1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list Bakkt as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.