Tech Company Financing Transactions
BlockFi Funding Round
Valar Ventures, Akuna Capital and Arrington XRP Capital Fund participated in a $30 million Series B funding round for BlockFi. The financing was announced on 2/14/2020.
Transaction Overview
Company Name
Announced On
2/14/2020
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding will help the firm expand both its product offering and geographic footprint.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
201 Montgomery St. 2nd Floor 263
Jersey City, NJ 07302
USA
Jersey City, NJ 07302
USA
Phone
Website
Email Address
Overview
BlockFi is a secured non-bank lender that offers USD loans to cryptoasset owners who collateralize the loan with their cryptoassets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zac Prince
Chief Financial Officer
Tony Lauro
Chief Technical Officer
Mahesh Paolini-Subramanya
VP - Finance
Amit Cheela
VP - General Counsel
Jonathan Mayers
VP - Marketing
Andrew Tam
VP - Operations
Flori Marquez
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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