United States · 
Who invested in BlockFi?
BlockFi's investors include PJC, CMT Digital, Galaxy Digital, Valar Ventures and Alumni Ventures, and 20 more on record.
20182019202020212022
$1.6MSeed$53MRound$4.0MDebt$18MSeries A$400MDebt
United States · Funded startup
Who invested in BlockFi
Funding summaryUpdated 26 Oct 2026
$476Mraised across 5 rounds since 2018, from 5 sources
$1.6MSeed$53MRound$4.0MDebt$18MSeries A$400MDebt
- Latest round
- Debt, $400MJun 2022
- Step-upi
- 21.9×
- Investors
- 25 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $1.6M Feb 2018
- Biggest round
- $400M Debt · Jun 2022
- Usual gap between rounds
- 8 months the median of 4
The rounds
- Jun 2022
- Aug 2019Series A$18M7 new3 returning
Valar VenturesLead
CMT Digital
Galaxy Digital
Winklevoss Capital
Morgan Creek Capital Management
PJC- Avon Ventures
ConsenSys Ventures
Susquehanna
Akuna Capital
Reported by FinSMEsSEC filing: $20M sold, first sale Jul 2019
- Dec 2018Debt$4.0M6 new
- CMT Digital
- Galaxy Digital
Recruit Strategic Partners- Devonshire Investors
- Morgan Creek Digital
- Akuna Capital/ Susquehanna Government Products
Reported by FinSMEsSEC filing: $1.8M sold, first sale Nov 2018
- Jul 2018
- Feb 2018
Founders and team
From the SEC filings it signed: 6 on the team.
- Amit Lee CheelaExecutive Officeri
- David Lee SpackExecutive Officeri
- Flori Lee MarquezExecutive Officer, Directori
- Mahesh Lee Paolini-SubramanyaExecutive Officer, Directori
- Rene Lee Van KesterenExecutive Officeri
- Zachary Lee PrinceExecutive Officer, Directori
On the board, as filediChristopher Lee FerraroCorva Lee MattJames Lee Fitzgerald
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.
Seed2018Round2018Debt2018Series A2019Debt2022PJCCMT DigitalGalaxy DigitalValar VenturesL
Alumni Ventures
Gaingels
Bain Capital Ventures
Coinbase Ventures
Paradigm
ConsenSys
PJCCMT DigitalGalaxy DigitalValar VenturesLAlumni VenturesGaingelsBain Capital VenturesCoinbase VenturesParadigmConsenSysEveryone who backed them
Devonshire InvestorsCorporate VC1round
Morgan Creek DigitalVC firm1round
Purple ArchVC firm1round
Avon VenturesVC firm1round
Akuna Capital/ Susquehanna Government Productsno record of our own yet1round
Galaxy Digital Ventures/ ConsenSysno record of our own yet1round
Lumenaryno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 4 firms list BlockFi 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.
Quick answers about BlockFi
How much has BlockFi raised?
BlockFi has raised $476M across 5 rounds since 2018.
When did BlockFi last raise?
BlockFi's most recent round was a Debt of $400M in Jun 2022.
What was BlockFi's biggest round?
Its most recent round, $400M in Jun 2022, is also its largest on record.
Who backed BlockFi first?
BlockFi's first round on record, in Feb 2018, was backed by ConsenSys, Kenetic and PJC and 3 others.
What stage is BlockFi at?
BlockFi's latest named round is a Debt, in Jun 2022.
Where is BlockFi based?
BlockFi is based in the United States.
Who led BlockFi's rounds?
Valar Ventures led the Series A in 2019.
Companies like BlockFi
In the same sector, and raised in the last eighteen months.
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