BlockFi

New York

Developer of a wealth management platform designed to seamlessly manage crypto assets and maximize earning potential. The company's platform provides wealth management products such as crypto, interest-earning accounts, trading and other similar products, enabling clients to ease out bitcoin trading and secure digital payments in the cloud while mitigating risks associated with financial lending.

BlockFi's valuation today

Estimated valuation today

$847M

-83.33% since last round

Calculated based on estimated multiplier and revenue.

Estimated multiplier for BlockFi

5.54x revenue

Calculated based on public comps and hype multiple.

Revenue

Update this based on your knowledge or projections. Calculations use last 12 months revenue.

million

Hype Multiple

Currently selected comps have a median growth rate of 1.75%

This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.

multiple

Shares are worthless

In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out first and there is no money left which means employee common stock is worthless.

Last round

The last round was 5 months ago.

Date

March 2022

Valuation

$5.1B

Amount raised

$277M

Public market comparisons

We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.

Multiple at last round

4.38x revenue

Today's multiple

3.69x revenue

Change

-15.66%

Companies

Industry – FinTech

Last updated 5 mins ago.

RemoveNameTicker Price multiple
BlockFi

3.69x
Robinhood Markets Inc

HOOD

4.84x
Block Inc

SQ

2.77x
JPMorgan Chase & Co

JPM

2.74x
Bank of America Corp

BAC

2.98x
Visa Inc Class A

V

15.50x
Valuation history
Fundraising rounds
DateRound Amount raised
Price per share (Preferred)
Valuation
Mar 2022Series E$277.46MM$75.74$5.08B
Mar 2022Series E-1$75MM$75.74$5.08B
Mar 2021Series D$572.06MM$58.74$3B
Aug 2020Series C$72.71MM$9.51$412.24MM
Feb 2020Series B$37.28MM$3.79$134.56MM
Aug 2019Series A-1$3.31MM$1.06$34.99MM
Aug 2019Series A-3$13.55MM$1.75$34.99MM
Aug 2019Series A-2$200K$1.57$34.99MM
Feb 2018Series Seed$1.36MM$0.47$7MM
Feb 2018Series Seed-2$609.08K$0.52$7MM
Related companies

With a revenue of $153M and a Hype Multiple of 1.5x,
BlockFi is estimated to be worth $847M.