What is Blockchain?
Blockchain provides comprehensive cryptocurrency services, enabling users to buy, hold, and utilize digital currencies through its platform. Established in 2011 and headquartered in London, United Kingdom, the company has positioned itself as a key facilitator in the adoption and accessibility of cryptocurrencies. Its services cater to a broad user base, from individuals engaging with digital assets for the first time to those seeking advanced functionalities within the crypto economy.
How much funding has Blockchain raised?
Blockchain has raised a total of $600.5M across 5 funding rounds:
Series A
$30.5M
Series B
$40M
Private Equity
$120M
Series C
$300M
Series E
$110M
Series A (2014): $30.5M with participation from Prudence Holdings, Lightspeed Venture Partners, Mosaic Ventures, and Future Perfect Ventures
Series B (2017): $40M led by Lightspeed Venture Partners, GV, Digital Currency Group, Prudence Holdings, Virgin, Lakestar, and Mosaic Ventures
Private Equity (2021): $120M supported by Moore Strategic Ventures, Lakestar, Access Industries, Rovida Advisors, Kyle Bass, GV, Eldridge Industries, and Lightspeed Venture Partners
Series C (2022): $300M featuring Lightspeed Venture Partners, Vy Capital, and Digital Sky Technologies
Series E (2023): $110M backed by Coinbase, Kingsway Capital, and Lightspeed Venture Partners
Key Investors in Blockchain
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Vy Capital
Vy Capital is a global technology investment firm specializing in concentrated investments in transformative technology companies, aiming to support businesses with significant impact potential.
Digital Sky Technologies
DST is a major investor in internet and internet-related companies, focusing on early and growth-stage opportunities with a belief in the long-term trend of internet adoption.
What's next for Blockchain?
The recent major strategic investment indicates Blockchain's intent to further scale its operations and potentially expand its service offerings. Given the enterprise-level funding context, the company is likely focused on solidifying its market leadership, enhancing its technological infrastructure, and exploring new avenues for growth within the burgeoning digital finance sector. Strategic partnerships and product development are anticipated as the company leverages this latest capital infusion to drive innovation and maintain its competitive edge.
See full Blockchain company page
