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.
Estimated valuation today
$847M
-83.33% since last round
Calculated based on estimated multiplier and revenue.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
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
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.
The last round was 5 months ago.
Date
March 2022
Valuation
$5.1B
Amount raised
$277M
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.
| Remove | Name | Ticker | 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 |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| Mar 2022 | Series E | $277.46MM | $75.74 | $5.08B |
| Mar 2022 | Series E-1 | $75MM | $75.74 | $5.08B |
| Mar 2021 | Series D | $572.06MM | $58.74 | $3B |
| Aug 2020 | Series C | $72.71MM | $9.51 | $412.24MM |
| Feb 2020 | Series B | $37.28MM | $3.79 | $134.56MM |
| Aug 2019 | Series A-1 | $3.31MM | $1.06 | $34.99MM |
| Aug 2019 | Series A-3 | $13.55MM | $1.75 | $34.99MM |
| Aug 2019 | Series A-2 | $200K | $1.57 | $34.99MM |
| Feb 2018 | Series Seed | $1.36MM | $0.47 | $7MM |
| Feb 2018 | Series Seed-2 | $609.08K | $0.52 | $7MM |
With a revenue of $153M and a Hype Multiple of 1.5x,
BlockFi is estimated to be worth $847M.