Contenu connexe Similaire à Tracxn - Blockchain Startup Landscape Similaire à Tracxn - Blockchain Startup Landscape (20) Tracxn - Blockchain Startup Landscape2. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
2
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3. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
3
Feed Summary
Investment Trend Summary
Exit Outlook Summary
BlueBox
Summary of Key Markets
Notable Companies in the Sector
Recent News
4. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on January 3, 2018.
Blockchain Feed Summary
4
Blockchain > Feed Summary
Companies which leverage the blockchain technology to cater to enterprise and consumer markets.
• Inclusions: All companies that either provide a)
industry solutions (products, services, technology
infrastructure) or b) consumer solutions like
marketplaces, consumer services or networks.
• Exclusions: All Digital Currency (Bitcoin, Litecoin etc.)
companies, except those which have pivoted to blockchain
solutions provider.
• Excludes funding information of Chinese companies
• Excludes funding information of Initial Coin Offerings
Feed in Numbers
Overview
$1.7B
Funding
5
Mega
Companies
3331351
FundedCovered on
Tracxn
-
Unicorns
12
Soonicorns
48
Minicorns
5
IPO’d Cos
69
Late Stage Cos
8
-
Acquisitions
42
DeadPooled
12
Acquihired
Series A+ Cos
Quoine
(2014, Singapore, $22M)
Bitfury
(2012, San Francisco, $95M)
Ripple
(2012, San Francisco, $90.5M)
Top Companies
5. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Investment Trend Summary
Summary of Funding Activity in Blockchain
5
$107M - Series A
R3 (2013, New York City, $107M)
$52.8M - Series C
Blockstack (2013, New York City, $89M)
$60M - Series D
Circle (2013, Boston, $136M)
$42.5M - Series B
BitGo (2013, San Francisco, $55M)
$60M - Series B
Digital Asset Holdings (2014, New York City,
$110M)
$40M - Series B
Digital Asset Holdings (2014, New York City,
$110M)
$55M - Series A
Blockstream (2014, San Francisco, $101M)
$30.5M - Series C
4New (2017, London, $56M)
$55M - Series B
Ripple (2012, San Francisco, $91M)
$30M - Series C
Bitfury (2012, San Francisco, $95M)
Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend
*YTD *YTD
Blockchain > Feed Summary > Investment Trend Summary
Seed Fenbushi Capital (#11), Blockchain Capital (#9), Y Combinator (#8)
Series A/B Blockchain Capital (#5), Andreessen Horowitz (#4), RRE Ventures
(#4)
Series C+
Backstage Capital (#1), Fenway Summer Ventures (#1), IDG
Capital Partners (#1)
Incubators Boost VC (#27) 500 Startups (#12) Techstars (#11)
Corporate Investors
Digital Currency Group (#53), Pantera Capital (#13),
Startupbootcamp (#13)
Debt Investors Silicon Valley Bank (#1)
Most Active InvestorsRecent Investments
91
267
302
401
224
2013 2014 2015 2016 2017 2018*
Y-o-Y # of Companies Founded 9 72 98 117 103 -
$20M
$149M
$315M
$463M
$670M
2013 2014 2015 2016 2017 2018*
$ Funding # Rounds
$1.3B
$170M
$35.5M
$34.8M
$34.1M
US
Europe
SEA
Israel
Japan
$ Funding
6. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FINANCIAL SERVICES
Trading
Digital Asset Holdings (2014, New York City, $67.16M)
$790M
December 2017Tracxn BlueBox – Blockchain
1350+ companies in the sector, 250 funded in last 5 years, $848M invested in last 2 Years
Most Active Investors: Digital Currency Group, Boost VC, Blockchain Capital, Fenbushi Capital,
Startupbootcamp
Payments
Circle (2013, Boston, $136M)
Trade Finance
Neufund (2016, Berlin, $2.13M)
Risk Management
BitGo (2013, San Francisco, $12M)
TECHNOLOGY
Side Chain
Blockstream (2014, San Francisco, $76M)
Application Development Platforms
Bitfury (2012, San Francisco, $95M)
Smart Contracts
Mirror (2011, New York City, $12.8M)
Service Providers
R3 (2013, New York City, $107M)
CONSUMER
Prediction Markets
Augur (2014, San Francisco, $5.1M)
Gaming Platform
FirstBlood Technologies (2016, Boston, $5.5M)
ENTERPRISE
Internet of Things
Filament (2012, Reno, $35.56M)
Distributed Storage
Keybase (2013, New York City, $10.8M)
$538M
$108M $250M
Blockchain > Feed Summary > BlueBox
Cumulative funding in the market
6
7. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Key Sub Sectors in Blockchain Sector
Summary of Key Markets
Other Notable Markets
# Cos on
Platform
Last 2 Years
$ Invested # Round
Financial Services > Payments >
Money Transfer 29 $7.6M 6
Top Markets of Investment Activity
# Cos on
Platform
Last 2 Years
$ Invested # Round
Financial Services > Trading >
Capital Markets 34 $147M 15
Technology >
Application Development Platform 87 $133M 22
Technology >
Service Providers 102 $133M 11
Enterprise >
Distributed Identity 27 $98.5M 11
Financial Services > Payments > Money
Transfer >
P2P
67 $89.2M 9
Financial Services > Payments > Money
Transfer >
B2B
21 $88.8M 7
Consumer >
Energy 24 $63.4M 7
Enterprise >
Distributed Storage 21 $18M 6
Sub Sectors
# Cos
Tracked
#
Funded
Total
Funding
Financial Services
Companies that offer blockchain-enabled financial
services
457 137 $790M
Technology
Companies enabling blockchain technology
implementation
315 68 $538M
Enterprise
Companies that provide enterprise applications
through a blockchain
339 84 $250M
Consumer
Companies that provide marketplaces powered by
blockchain
222 39 $108M
DAO
Companies that are run as decentralised autonomous
organizations with the assistance...
14 4 $1.7M
Blockchain > Feed Summary > Summary of Key Markets
7
9. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
List of Notable Companies by Market in Blockchain
Notable Companies by Market (1/3)
9
Blockchain > Feed Summary > Notable Companies by Market
Financial Services
Payments
Circle (2013, Boston, $136M)
Digital currency wallet for global money transfers
Soonicorn. Stage: Series D
Baidu, IDG Capital Partners, Breyer Capital and 13
Other Investors
Ripple (2012, San Francisco, $90.5M)
Open source payment protocol for cross border
money transfer.
Soonicorn. Stage: Series B
Standard Chartered, SBI Holdings, Digital Ventures
and 25 Other Investors
Uphold (2014, San Francisco, $15.5M)
Multiple currency reserve and exchange platform.
Soonicorn. Stage: Series B
BitPesa (2013, Nairobi, $10M)
Bitcoin based remittance service provider.
Soonicorn. Stage: Series A
Greycroft Partners, Plug and Play Tech Center,
Draper Associates and 10 Other Investors
Payments
DigitalX (1988, Boston)
Blockchain technology for money transfer & trading
services
Stage: Public
Trading
Digital Asset Holdings (2014, New York City,
$110M)
Market level solutions based on Blockchain
Soonicorn. Stage: Series C
Australian Securities Exchange, ABN AMRO Bank,
Accenture and 14 Other Investors
itBit (2012, Tower, $28.3M)
Provider of Trading & Settlement platforms
Soonicorn. Stage: Series A
RRE Ventures, Liberty City Ventures, Canaan
Partners and 3 Other Investors
PeerNova (2013, San Jose, $26.6M)
Provider of cryptographic development platform
Soonicorn. Stage: Series A
Overstock, Mosaik Partners, Blockchain Capital and
3 Other Investors
Quoine (2014, Singapore, $22M)
Multi service bitcoin exchange platform
Soonicorn. Stage: Series A
JAFCO
10. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
List of Notable Companies by Market in Blockchain
Notable Companies by Market (2/3)
10
Blockchain > Feed Summary > Notable Companies by Market
Enterprise
Supply Chain
Yojee (2015, Singapore)
Blockchain based logistics solutions targeting e-
commerce logistics
Stage: Public
Technology
Technology
Blockchain Industries (2012, Brandenburg)
Platform solutions for public and private
blockchains
Stage: Public
Immudyne, Realise Capital Partners
Smart Contracts
Symbiont (2015, New York City, $8.3M)
Smart securities issuance and trading platform
Soonicorn. Stage: Series A
Medici Ventures, Hundsun, Atlantic Merchant
Capital Investors and 8 Other Investors
11. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
List of Notable Companies by Market in Blockchain
Notable Companies by Market (3/3)
11
Blockchain > Feed Summary > Notable Companies by Market
Technology
Sidechain
Blockstream (2014, San Francisco, $101M)
Blockchain development focused on sidechains
innovation
Soonicorn. Stage: Series B
G Lab, Horizons Ventures, AXA Strategic Ventures
and 18 Other Investors
Application Development Platform
Bitfury (2012, San Francisco, $95M)
Provider for Bitcoin mining hardware
Soonicorn. Stage: Series C
Credit China Holdings, Investment Fund, Itech
Capital and 6 Other Investors
Chain (2014, San Francisco, $43.7M)
Designing blockchain applications for organizations
Soonicorn. Stage: Series B
Citi Ventures, Fiserv, Nasdaq and 21 Other
Investors
BTL (2011, Vancouver)
Blockchain based development platforms for
businesses
Minicorn. Stage: Public
Vela Technologies, Level39
12. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Recent News in Blockchain Sector
Recent News
12
Blockchain > Feed Summary > Recent News
Jan 2018 MedChain Pre-ICO Funding to Launch, chain-finance.com
Jan 2018
Qtum Foundation, Trusted IoT Alliance, and Chronicled, Inc. to
Develop Secure IoT Use Cases, PR Newswire
Jan 2018
Plug and Play Indonesia first batch startups raise US$1M follow-on
funding, E27
Jan 2018 Smart contract technology set to transform commerce, Digital Journal
Dec 2017
AIM Listed TechFinancials Plans Blockchain Based Diamond
Exchange with Cedex Purchase, Crowdfund Insider
Dec 2017
NuCypher raises $4.3m in presale to bring private data to public
blockchains, CoinReport
Dec 2017
WINGS Foundation Announces Strategic Engagement with Aurora
Labs to Bring Qualified ICOs to its Decentralized Exchange,
GlobeNewswire
Dec 2017
WINGS Announces Beta Testnet Launch to Evaluate ICOs with
Crowdsourced Due Diligence, GlobeNewswire
Dec 2017
Global Yellow Pages acquires 50.11% stake in property investment
online platform FundPlaces for $2 mil, theedgesingapore.com
Dec 2017
Bitcoin Investment Trust Announces Record Date for Distribution of
Bitcoin Segwit2X, PR Newswire
Dec 2017
Cryptocurrency Platform Dash Appoints Former American Express
Senior Manager Bradley Zastrow As New Director of Global
Business Development, Crowdfund Insider
Dec 2017
Waves Announces New Blockchain Investment Fund, Finance
Magnates
Key Recent News Key Recent News
Dec 2017
trade.io Partners with Bancor Protocol to Provide Continuous
Liquidity to Token Holders, PR Newswire
Dec 2017
World’s Leading Crypto Exchange Binance Partners With Uplive -
Asia’s Premier Live Video Platform, Business Wire
Dec 2017
Ties.Network Announces Strategic Partnership With Tidex
Exchange, Lists TIE Token, Jersey City Breaking News
Dec 2017
Siemens, LO3 Seek to Expand Collaboration on Energy Tech
Projects; Ralf Christian Comments, ExecutiveBiz
Dec 2017
EasyJet chooses Covesting to educate their flyers on crypto, Financial
News
Dec 2017
Ripple’s Value Rises 20 Percent Post-Japanese Credit Card
Partnership, PYMNTS
Dec 2017
TechFinancials Agrees Share Purchase Deal For Diamond
Blockchain Firm, Morningstar
Dec 2017
Internxt Wants to Build a New Internet, INXT Price Raised to New-
High of $23, Coinspeaker
Dec 2017 ATB Coin the Latest to Face Class-Action Suit After ICO, CoinDesk
Dec 2017
SBI Ripple Asia Forms Credit Card Industry Consortium in Japan ,
Finance Magnates
Dec 2017
Rivetz Joins Trusted IoT Alliance to Collaborate on Blockchain-
Based IoT Solutions, PR Newswire
Dec 2017
Blockchain Finance App Change Integrates Kyber Network,
BlockTribune
13. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trends
Market Details
Exit Outlook
Investors
News
Appendix
13
Funding Trends
Median Deal Size and Trend
New Entrants in Funding Club
Distribution of companies by Funding Range
Funding Funnel of the Sector
Top Investments and Investors
Investors in Unicorn club
14. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MarketingTech
Dec 2017
Sales Force Automation
Dec 2017
Consumer HealthTech
Dec 2017
15. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
$800K $20M
$149M
$315M
$463M
$670M
0
20
40
60
80
100
120
140
$0k
$100M
$200M
$300M
$400M
$500M
$600M
$700M
$800M
2011 2012 2013 2014 2015 2016 2017 2018*
$ Funding # Rounds
3 Year CAGR
6 Year CAGR
Investments ($M) and number of rounds in Blockchain; 2011-2017
Global Funding Trends (1/2)
15
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
*YTD
Blockchain > Investment Trends > Global Funding Trends
#Rounds
$Funding
207% $ Funding
65% $ Funding
80% # of Rounds
13% # of Rounds
16. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
2 8 62 76 83 53
1
1 10
21
31 46
1 3 4
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
$0K $0K
Total $ Invested
- 0
Total # of Rounds
$800K $11M $71M $44M $70M $56M
$9M
$78M
$221M $327M
$486M
$50M $67M $128M
2011 2012 2013 2014 2015 2016 2017 2018 YTD
Seed Early Stage Late Stage
$0K $0K $0K
$41M
$178M
$250M
$424M
$0K
0
2
4
6
8
10
12
0
50000000
100000000
150000000
200000000
250000000
300000000
350000000
400000000
450000000
2011 2012 2013 2014 2015 2016 2017 2018 YTD
$ Funding # of Rounds
16
Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
Stage-wise Number of RoundsStage-wise $ Invested
New Entrants in Funded ClubMega Rounds
Global Funding Trends (2/2)
Investments ($M) and number of rounds in Blockchain; 2011-2017
Blockchain > Investment Trends > Global Funding Trends
1
9 49
60
74
52 245
$0.0M
$1.7M
$0.0M
$0.5M
$1.0M
$1.5M
$2.0M
$2.5M
$3.0M
$3.5M
$4.0M
$4.5M
$5.0M
0
50
100
150
200
250
300
2001-2011 2012 2013 2014 2015 2016 2017 Total
Entrants in Funding Club Avg. Ticket Size
- - - 2 6 5 11 - - $0.4M $2.2M $1.7M $0.9M $1.9M $4.7M $1.7M
17. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201817
Blockchain > Investment Trends > Funding Trends by Geography
Investments ($M) and number of rounds in Blockchain
Funding Trends by Geography
Funding Trends by Geography Top Cities of Funding
City $ Funding # Rounds
Bay Area 556M 97
New York City 450M 59
Boston 142M 8
London 78M 43
Reno 36M 8
Osaka 32M 5
Tel Aviv 32M 9
Tower 28M 2
Toronto 26M 4
Singapore 25M 13
Total Funding
243
103
18
12
6
11
4
5
# Rounds
$1.3B
$170M
$35.5M
$34.8M
$34.1M
$32.8M
$6.7M
$4.8M
US
Europe
SEA
Israel
Japan
Canada
Australia
Latam
Note: Excludes funding information of China companies
18. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201818
Trend of Average Deal Size ($M)
$0.0
$0.4
$1.8 $1.5
$0.8
$1.3 $1.4
2011 2012 2013 2014 2015 2016 2017
$0.0 $0.0
$9.0 $8.7
$10.8
$8.0 $9.4
$0.0 $0.0 $0.0
$17.0 $19.9
$35.5
$23.7
$0.0 $0.0 $0.0 $0.0
$50.0
$33.6 $32.1
Blockchain > Investment Trends > Median Deal Size and Trend
Median and Average Deal Size in $M (per Stage) in Blockchain; 2011-2017
Median Deal Size and Trend
Note: Excludes funding information of Chinese companies. *Graph not to scale
Median Deal Size and Range
$5K* $11M
$50K $31M
$92K $80M
$50K $1B
$22M
$7M
$2.8M
$0.3M
Series C+
Series B
Series A
Seed
Stage
19. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Note: 145 companies with undisclosed funding amount are not included
19
<$1M
$1-10M
$10-50M
$50-100M
$100M+
Funding Range
74
88
28
5
4
No. of Companies
Blockchain > Investment Trends > Distribution of companies by Funding Range
No. of companies by funding range in Blockchain; as of Jan 2018
Distribution of companies by Funding Range
$20M
$279M
$549M
$384M
$454M
$ Investment
20. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Stage No. of Companies
Funding
Funnel
100%
25%
5%
2%
1%
20
Note: Numbers in the brackets show the count of companies
Time to raise
next round
8
21
69
333
1351
Series C+
Series B
Series A
Funded
Founded
Next
Round
100M+
Valuation
Exits
Acqui-
Hired
Dead
Pooled
Others
25% 1%
(17)
0%
(5)
1%
(12)
3%
(42)
71%
(964)
21% 5%
(16)
1%
(4)
1%
(4)
2%
(5)
77%
(255)
30% 17%
(12)
- 1%
(1)
- 68%
(47)
38% 33%
(7)
- - - 62%
(13)
- 38%
(3)
- - - 75%
(6)
Blockchain > Investment Trends > Funding Funnel
Number of companies progressing to subsequent funding stages in Blockchain
Funding Funnel
11 Months
16 Months
7 Months
Investment backedBootstrapped
12
41
Soonicorns
Unicorns
Acquisitions
IPOs
21. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201821
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months (1/5)
LATE STAGE
$60M - Series D Jun 2016
Circle (2013, Boston, $136M)
Digital currency wallet for global money transfers
Baidu, CICC, China Everbright, Wanxiang America,
CreditEase
$52.8M - Series C Dec 2017
Blockstack (2013, New York City, $88.6M)
Blockchain based identity management
$30.5M - Series C Dec 2017
4New (2017, London, $55.5M)
Waste to Energy Blockchain Solution
Mirach Capital Group
$30M - Series C Jan 2017
Bitfury (2012, San Francisco, $95M)
Provider for Bitcoin mining hardware
Credit China Holdings
LATE STAGE
$15M - Series C Mar 2017
Filament (2012, Reno, $35.6M)
Decentralized Internet of Things stack
JetBlue Technology Ventures, CME Group, Flex Lab
IX, Tappan Hill Ventures, Samsung NEXT, Resonant
Venture Partners
$7.2M - Series C Jun 2016
Digital Asset Holdings (2014, New York City,
$110M)
Market level solutions based on Blockchain
EARLY STAGE
$107M - Series A May 2017
R3 (2013, New York City, $107M)
Consortium of financial enterprises aiming to create
digital ledger technology
Intel Capital, SBI Group, Bank of America Merrill
Lynch, Barclays, UBS
$60M - Series B Jan 2016
Digital Asset Holdings (2014, New York City,
$110M)
Market level solutions based on Blockchain
ABN AMRO Bank, Accenture, Australian Securities
Exchange, BNP Paribas, Broadridge Financial
Solutions, Citigroup, CME Group, Deutsche,
JPMorgan, Santander InnoVentures, DTCC, PNC
Financial Services Group, IBM, Euclid Opportunities,
Goldman Sachs
$55M - Series B Sep 2016
Ripple (2012, San Francisco, $90.5M)
Open source payment protocol for cross border
money transfer.
Standard Chartered, SBI Holdings, Digital Ventures
22. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201822
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months (2/5)
EARLY STAGE
$55M - Series A Feb 2016
Blockstream (2014, San Francisco, $101M)
Blockchain development focused on sidechains
innovation
Horizons Ventures, Digital Garage, Seven Seas
Partners
$42.5M - Series B Dec 2017
BitGo (2013, San Francisco, $54.5M)
Multi-signature security for cryptocurrency
payments
Valor Equity Partners, DRW Trading Group
$40M - Series B Oct 2017
Digital Asset Holdings (2014, New York City,
$110M)
Market level solutions based on Blockchain
$25M - Series B Nov 2017
Blockstream (2014, San Francisco, $101M)
Blockchain development focused on sidechains
innovation
G Lab
EARLY STAGE
$25M - Series B Aug 2017
Blockstack (2013, New York City, $88.6M)
Blockchain based identity management
OpenOcean, Rising Tide, Compound, Version One
Ventures
$25M - Series B Oct 2017
4New (2017, London, $55.5M)
Waste to Energy Blockchain Solution
$24M - Series B Mar 2017
Veem (2014, San Francisco, $40M)
B2B payment platform.
SBI Holdings, National Australia Bank, GV
$22M - Series B Oct 2017
AION (2017, Toronto, $22M)
Inter-blockchain operability network
Nuco
$20M - Series A Jun 2016
Quoine (2014, Singapore, $22M)
Multi service bitcoin exchange platform
JAFCO
EARLY STAGE
$18M - Series A Dec 2016
Axoni (2016, New York City, $20M)
Blockchain solutions for capital markets
Wells Fargo, Euclid Opportunities, Goldman Sachs,
JPMorgan, Thomson Reuters, FPrime Capital
Partners, Digital Currency Group, FinTech Collective
$17.5M - Series B Dec 2016
TradeBlock (2013, New York City, $20.7M)
Online cryptocurrency data and research
$16M - Series B Oct 2017
Abra (2014, Mountain View, $30M)
Fiat money remittance based on bitcoin
HCM International
$15M - Series B Sep 2017
Tech bureau Lab (2015, Osaka, $25.8M)
Japanese cryptocurrency technology company and
Bitcoin Exchange operator
JAFCO
$9.5M - Series B Dec 2016
Filament (2012, Reno, $35.6M)
Decentralized Internet of Things stack
23. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201823
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months (3/5)
EARLY STAGE
$7.1M - Series A Jan 2016
Gem (2014, Venice, $10.4M)
Platform to develop blockchain applications
Pelion Venture Partners, Blockchain Capital, Digital
Currency Group
$7M - Series A May 2017
PeerNova (2013, San Jose, $26.6M)
Provider of cryptographic development platform
$7M - Series A Jan 2016
Symbiont (2015, New York City, $8.3M)
Smart securities issuance and trading platform
$6.2M - Series A May 2016
Tech bureau Lab (2015, Osaka, $25.8M)
Japanese cryptocurrency technology company and
Bitcoin Exchange operator
Arara, Infoteria, OKWAVE, Money Partners Group,
Hiroshima Venture Capital
EARLY STAGE
$5.8M - Series A Dec 2016
Wyre (2013, San Francisco, $7.5M)
International money transfers using blockchain
Amway Southern Capital, Digital Currency Group,
Draper Associates, Baofoo, Seabed VC, Boost VC,
JiuFu
$5M - Series A May 2017
Coins.ph (2013, Manila, $10M)
Bitcoin wallet for transactions in Philippines
Naspers
$5M - Series A Oct 2016
Coins.ph (2013, Manila, $10M)
Bitcoin wallet for transactions in Philippines
Accion, Pantera Capital, Digital Currency Group,
Wavemaker Partners, Global Brain, Rebright
Partners, Kickstart Ventures, IdeaSpace Foundation
EARLY STAGE
$5M - Series A Mar 2016
Elliptic (2014, London, $7M)
Bitcoin's blockchain intelligence & risk management
company
Paladin Capital, Santander InnoVentures, KRW
Schindler, Digital Currency Group, Octopus Ventures
$4.2M - Series A Oct 2016
Factom (2014, Austin, $10.7M)
Blockchain as a service for protecting enterprise
data
Draper Associates, PropertyInfo
$2.7M - Series A Apr 2017
Factom (2014, Austin, $10.7M)
Blockchain as a service for protecting enterprise
data
Peeli Ventures, Harvest Partners
$2.5M - Series A Jan 2017
BitPesa (2013, Nairobi, $10M)
Bitcoin based remittance service provider.
Draper Associates, Greycroft Partners,
BnkToTheFuture, Zephyr Management, Colle Capital
24. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201824
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months (4/5)
EARLY STAGE
$2M - Series A Nov 2016
Billon Cash (2015, Warsaw, $5M)
Digital fiat currency solution provider
$1.9M - Series A Jan 2016
Uphold (2014, San Francisco, $15.5M)
Multiple currency reserve and exchange platform.
$750k - Series A Feb 2017
Factom (2014, Austin, $10.7M)
Blockchain as a service for protecting enterprise
data
Series B Jan 2017
Abra (2014, Mountain View, $30M)
Fiat money remittance based on bitcoin
IGNIA
Series A May 2016
Axoni (2016, New York City, $20M)
Blockchain solutions for capital markets
Citigroup
Series A Aug 2017
BitPesa (2013, Nairobi, $10M)
Bitcoin based remittance service provider.
EARLY STAGE
Series A Feb 2016
BitPesa (2013, Nairobi, $10M)
Bitcoin based remittance service provider.
Bitfury
Series A Jul 2017
Symbiont (2015, New York City, $8.3M)
Smart securities issuance and trading platform
Medici Ventures
Series A May 2017
Symbiont (2015, New York City, $8.3M)
Smart securities issuance and trading platform
Hundsun
Series A Jun 2017
Loyyal (2014, San Diego, $1.5M)
Royalty network based on Bitcoin.
INET, UAE Exchange
SEED STAGE
$3.4M - Seed Mar 2016
Chronicled (2014, San Francisco, $5.3M)
Product authentication on blockchain
$3M - Seed Dec 2016
OB1 (2015, Fairfax, $4.2M)
Blockchain based P2P marketplace
IPFS
$2M - Seed Mar 2017
Slock.it (2015, Mittweida, $2M)
Block chain based IoT smart contract solution
$1.7M - Seed May 2016
Hijro (2014, Lexington, $2.5M)
Software platform for cross-border B2B trade
FF Venture Capital, Fenbushi Capital, St Louis Arch
Angels, Crosscut
$1.5M - Seed Feb 2016
Loyyal (2014, San Diego, $1.5M)
Royalty network based on Bitcoin.
Hayaat Group
25. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201825
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months (5/5)
SEED STAGE
$1.5M - Seed Jun 2016
Mediachain (2015, New York City, $1.5M)
Digital media association on blockchain.
RRE Ventures, Andreessen Horowitz, Union Square
Ventures
$1.2M - Seed Apr 2017
Bext360 (2016, Denver, $1.2M)
End-to-end coffee supply chain management using
artificial intelligence and blockchain
$890k - Seed Mar 2016
Bitwala (2013, Utrecht, $890k)
Bill payment via bitcoins
Digital Currency Group, KfW Bankengruppe, High-
Tech Grunderfonds
$200k - Seed Jun 2017
OB1 (2015, Fairfax, $4.2M)
Blockchain based P2P marketplace
Digital Currency Group
SEED STAGE
Seed Jun 2016
Everledger (2015, London, $120k)
Preventing diamond fraud and theft
MasterCard Start Path
Seed Dec 2016
Setl (2015, London)
Institutional payment and settlement infrastructure
based on blockchain technology
Deloitte
Seed Jul 2016
Setl (2015, London)
Institutional payment and settlement infrastructure
based on blockchain technology
Seed Feb 2016
Skuchain (2014, San Francisco)
Blockchain based solution for B2B commerce
Digital Currency Group, Amino Capital, Fenbushi
Capital
26. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201826
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Notable Investments in last 24 months in China
Major funding rounds by Stage in Blockchain; Jan 2016-Jan 2018
Notable Investments in last 24 months in China
EARLY STAGE
$22.5M - Series A Sep 2016
JUZHEN (2014, Shanghai, $22.5M)
Blockchain technology provides for financial
institutions
Wanxiang Group Corporation
27. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Most Active Investors (VC, PE) by Stage in Blockchain; Last 5 years (Jan 2013-Jan 2018)
Most Active VC & PE Investors
27
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investment Trends > Most Active VC & PE Investors
SEED STAGE
Fenbushi Capital (11 Investments)
Libra, Nebulous, Hijro
1
Blockchain Capital (9 Investments)
Blockstream, Stem Disintermedia, BlockCypher
2
Y Combinator(8 Investments)
Blockstack, Assembly, Onename
3
RRE Ventures(6 Investments)
itBit, Abra, Paxos
4
Liberty City Ventures(5 Investments)
itBit, Paxos, Libra
5
Union Square Ventures(4 Investments)
OB1, Assembly, Onename
6
Andreessen Horowitz (3 Investments)
Ripple, OB1, Mediachain
7
AME Cloud Ventures(3 Investments)
Blockstream, BlockCypher, ShoCard
8
Draper Associates (3 Investments)
Hijro, Bitwage, Stampery
9
SV Angel (3 Investments)
Blockstack, LedgerX, Onename
10
EARLY STAGE
Blockchain Capital (5 Investments)
Ripple, Abra, PeerNova
1
Andreessen Horowitz (4 Investments)
TradeBlock, Keybase, Axoni
2
RRE Ventures(4 Investments)
Ripple, Chain, HYPR Corp
3
Draper Associates (3 Investments)
Funderbeam, Factom, BitPesa
4
Santander InnoVentures(3 Investments)
Ripple, Digital Asset Holdings, Elliptic
5
Crosslink Capital (2 Investments)
Filament, Mirror
6
Euclid Opportunities(2 Investments)
Digital Asset Holdings, Axoni
7
FinTech Collective(2 Investments)
TradeBlock, Axoni
8
FPrime Capital Partners(2 Investments)
TradeBlock, Axoni
9
Global Brain (2 Investments)
Coins.ph, Bluzelle
10
LATE STAGE
Backstage Capital
Filament
1
Fenway Summer Ventures
Circle
2
IDG Capital Partners
Circle
3
Intel Capital
Filament
4
JetBlue Technology Ventures
Filament
5
Oak Investment Partners
Circle
6
Radicle Impact Partners
eCM
7
Resonant Venture Partners
Filament
8
Samsung NEXT
Filament
9
Tappan Hill Ventures
Filament
10
28. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201828
Blockchain > Investment Trends > Most Active Ecosystem Investors
Top Ecosystem Investors in Blockchain; Last 5 years (Jan 2013-Jan 2018)
Most Active Ecosystem Investors
INCUBATOR
Boost VC(27 Investments)
Veem, Abra, BlockCypher
1
500 Startups(12 Investments)
Chain, BlockCypher, Hijro
2
Techstars(11 Investments)
Filament, Chainalysis, The Sun Exchange
3
Barclays Accelerator(6 Investments)
Chainalysis, Wala, Everledger
4
Kickstart Accelerator(6 Investments)
Blocko, Modum, Minebox
5
Alchemist Accelerator(2 Investments)
Freeport Mobile, SuchFlex
6
SparkLabs(2 Investments)
Blocko, Sentbe
7
ABBALab
COMSA
8
Amplify
Gem
9
Axel Springer Plug and Play
Accelerator
Coyno
10
OTHER NOTABLE INVESTORS
Digital Currency Group(53 Investments)
Ripple, itBit, Circle
1
Pantera Capital(13 Investments)
Circle, Chain, Veem
2
Startupbootcamp(13 Investments)
Hijro, Euklid, Epiphyte
3
Plug and Play Tech Center(11
Investments)
Factom, BitPesa, Manifold Technology
4
Coinsilium(5 Investments)
Factom, Rivetz, RootStock
5
FundersClub(5 Investments)
LedgerX, Assembly, Chainalysis
6
Crypto Currency Partners(4 Investments)
Bitfury, LedgerX, PeerNova
7
SBI Holdings(4 Investments)
Ripple, Veem, Wirex
8
BnkToTheFuture(3 Investments)
Factom, BitPesa, Bitwage
9
CME Group(3 Investments)
Ripple, Digital Asset Holdings, Filament
10
DEBT INVESTORS
Silicon Valley Bank
Veem
1
29. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201829
Blockchain > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (1/3)
30. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201830
Blockchain > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (2/3)
31. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201831
Blockchain > Investment Trends > Investors in Unicorn club
Investors in Unicorn Club (3/3)
32. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201832
Blockchain > Investment Trends > Unicorn Investors in the Sector
Unicorn Investors in the Sector
33. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
33
BlueBox
Key Sub Sectors
Detailed Sector Taxonomy
Top Markets of Investment Activity
Top Markets of Early Stage Investors
Other Notable Markets
Market Deep Dive
34. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
3D Printing
Dec 2017
Consumer Robotics
Nov 2017
Industrial Internet of Things
Nov 2017
35. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
December 2017Tracxn BlueBox – Blockchain
35
Blockchain > Market Details > BlueBox
36. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Key Sub Sectors
36
Key Sub Sectors in Blockchain
Market Top Companies
# Cos
Tracked
#
Funded
Total
Funding
Financial Services
Companies that offer blockchain-enabled financial services
Cryex (2013, Stockholm, Acquired)
Circle (2013, Boston, $136M)
457 137 $790M
Technology
Companies enabling blockchain technology implementation
Hyperledger Project (2014, San Francisco,
Acquired)
R3 (2013, New York City, $107M)
315 68 $538M
Enterprise
Companies that provide enterprise applications through a blockchain
Mediachain (2015, New York City,
Acquired)
Blockstack (2013, New York City, $88.6M)
339 84 $250M
Consumer
Companies that provide marketplaces powered by blockchain
4New (2017, London, $55.5M)
Keybase (2013, New York City, $10.8M)
222 39 $108M
DAO
Companies that are run as decentralised autonomous organizations with the assistance of
smart contracts and blockchains
Wings (2016, Zug, $1.7M)
Aragon (2016, San Francisco, 0)
14 4 $1.7M
Blockchain > Market Details > Key Sub Sectors
37. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (1/6)
37
Blockchain > Market Details > Detailed Sector Taxonomy
38. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (2/6)
38
Blockchain > Market Details > Detailed Sector Taxonomy
39. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (3/6)
39
Blockchain > Market Details > Detailed Sector Taxonomy
40. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (4/6)
40
Blockchain > Market Details > Detailed Sector Taxonomy
41. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (5/6)
41
Blockchain > Market Details > Detailed Sector Taxonomy
42. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Detailed Sector Taxonomy (6/6)
42
Blockchain > Market Details > Detailed Sector Taxonomy
43. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Rank Market
Last 2 Years
$ Invested # Round Top Funded Company
1
(+2)
Financial Services > Trading > Capital Markets
Companies that enable capital market investments with a blockchain
(Companies covered 34 | Funded 16 | Total Funding $246M)
$147M
(+$67.1M)
15
(+2)
Digital Asset Holdings
(2014, New York City, $110M)
2
(-1)
Technology > Application Development Platform
Companies that provide platforms for developing blockchains
(Companies covered 87 | Funded 33 | Total Funding $263M)
$133M
(+$30.6M)
22
(+1)
Bitfury
(2012, San Francisco, $95M)
3
(+7)
Technology > Service Providers
Companies that provide blockchain development as a service
(Companies covered 102 | Funded 15 | Total Funding $136M)
$133M
(+$129M)
11
(+8)
R3
(2013, New York City, $107M)
4
(+1)
Enterprise > Distributed Identity
Companies that help store identity related data on a blockchain
(Companies covered 27 | Funded 11 | Total Funding $110M)
$98.5M
(+$86.5M)
11
(+1)
Blockstack
(2013, New York City, $88.6M)
5
(-3)
Financial Services > Payments > Money Transfer > P2P
Companies that enable peer to peer transfer of money with a blockchain
(Companies covered 67 | Funded 18 | Total Funding $194M)
$89.2M
(-$6.4M)
9
(-4)
Circle
(2013, Boston, $136M)
6
(-2)
Financial Services > Payments > Money Transfer > B2B
Companies that enable transfer of money for enterprises with a blockchain
(Companies covered 21 | Funded 11 | Total Funding $152M)
$88.8M
(+$39.7M)
7
(-4)
Ripple
(2012, San Francisco, $90.5M)
7
(+8)
Consumer > Energy
Companies that provide energy marketplaces on a blockchain
(Companies covered 24 | Funded 7 | Total Funding $63.4M)
$63.4M
(+$63.4M)
7
(+7)
4New
(2017, London, $55.5M)
43
Note: The numbers in the bracket represent the change in a 2 year period.
Top Markets of Investment Activity (1/2)
Top Markets by Funding in Blockchain in last 2 years (January 2016 - December 2017)
Blockchain > Market Details > Top Markets of Investment Activity
44. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201844
Top Markets of Investment Activity (2/2)
Blockchain > Market Details > Top Markets of Investment Activity
45. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201845
Top Markets of Early Stage Investors
Blockchain > Market Details > Top Markets of Early Stage Investors
46. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Rank Market
Last 2 Years
# of Comp Founded $ Invested # Round Top Funded Company
1
Financial Services > Payments > Money Transfer
Companies that enable transfer of money with a blockchain
(Companies covered 29 | Funded 11 | Total Funding $12.9M)
15 $7.6M
(+$7.6M)
6
(+6)
Chronobank.io
(2016, Sydney, $5.4M)
2
Consumer > P2P Commerce
Companies that provide blockchain based P2P commerce platforms
(Companies covered 20 | Funded 5 | Total Funding $4.7M)
10 $6.5M
(+$6.5M)
4
(+4)
Blockchain Foundry
(2016, Toronto, 0)
3
Financial Services > Investments > Investment Fund
Companies that handle fund-raising and portfolio tracking with a blockchain
(Companies covered 21 | Funded 4 | Total Funding $11.4M)
16 $11.4M
(+$11.4M)
3
(+3)
Polychain
(2016, San Francisco,
$10M)
4
Enterprise > Supply Chain
Companies that provide enterprise supply chain solutions on a blockchain
(Companies covered 36 | Funded 6 | Total Funding $5.3M)
25 $5.3M
(+$5.3M)
4
(+4)
Arc Net NI
(2015, Antrim, $2.5M)
5
Financial Services > Banking
Companies that provide blockchain based banking solutions
(Companies covered 25 | Funded 10 | Total Funding $4.8M)
8 $3.4M
(+$3.4M)
4
(+4)
Wirex
(2014, London, $3M)
6
Enterprise > Ownership Authentication > Documents
Companies that provide ownership authentication for documents over blockchain
(Companies covered 23 | Funded 12 | Total Funding $1.5M)
8 $112k
(+$112k)
5
(+5)
KeeeX
(2014, Marseille, $112k)
7
Consumer > Digital Content
Companies that provide digital content marketplaces on a blockchain
(Companies covered 33 | Funded 4 | Total Funding $4.3M)
19 $4M
(+$4M)
3
(+3)
Decent
(2015, Geneva, $3.5M)
46
Other Notable Markets (1/2)
Other Notable Markets with high Entrepreneurial Activity in Blockchain in last 2 years (January 2016 - December 2017)
Blockchain > Market Details > Other Notable Markets
47. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201847
Other Notable Markets (2/2)
Blockchain > Market Details > Other Notable Markets
48. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Incubators
Seed Canaan Partners (#2), RRE Ventures (#2)
Series A/B Citigroup (#2), JPMorgan (#2)
Series C+ None
$40M - Series B
Digital Asset Holdings (2014, New
York City, $110M)
Angel
Cobalt (2015, London)
$1.7M - Seed
OpenLedger (2015, Hune, $1.7M)
$11.4M - Series B
LedgerX (2014, New York City, $16.4M)
$7M - Series A
PeerNova (2013, San Jose, $26.6M)
$18M - Series A
Axoni (2016, New York City, $20M)
Series A
LedgerX (2014, New York City, $16.4M)
Seed
Cobalt (2015, London)
Seed
Setl (2015, London)
Series A
OTC Exchange Network (OTCXN)
(2016, San Francisco)
$1.5M - Seed
Crypto Facilities (2014, London,
$1.5M)
Oct 2017
Swedish bitcoin exchange Safello acquires blockchain firm
Cryex, Tech.eu
Oct 2017
Blockchain Innovation Lab Partners with Philippine
University, chain-finance.com
Oct 2017
Cobalt selects Solace for data delivery on FX post-trade
processing network, PR Newswire
Oct 2017 SmartContract unveils PoC, BankingTechnology
Oct 2017 Blockchain startup Digital Asset raises $40 million, Reuters
Sep 2017
SETL launches blockchain platform for European fund
record-keeping, SiliconAngle
Aug 2017
Smartcontract.com Unveils Chainlink Plans: Adds To
Advisory Board, Financial IT
Aug 2017 Joseph Ratterman Joins Axoni's Board of Directors, Citybizlist
Aug 2017
Bats co-founder accepts board seat at NY tech firm, The
Business Journals
Aug 2017
Cobalt, has closed an investment from Henry Ritchotte, the
former Deutsche Bank COO who will also become a member
of Cobalt’s strategic advisory board., Chatsworth
Communications
Jul 2017
Euroclear and Paxos End Blockchain Gold Settlement
Partnership, Inside Bitcoins
Jul 2017
LedgerX becomes first federally supervised options venue
for bitcoin, Automated Trader
Jul 2017 ChainLink Announces v1.0, Chain-Finance
Jun 2017
BankChain Selects Microsoft Azure As Exclusive Cloud
Partner, CXOtoday
News
0
2
4
6
8
10
12
$0k
$20M
$40M
$60M
$80M
$100M
2014 2015 2016 2017 2018
YoY Funding Rounds
-
6
10
16
34
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Financial Services > Trading > Capital Markets: Market Factsheet
Market: Capital Markets
48
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Companies that enable capital
market investments with a
blockchain
Digital Asset Holdings
(2014, New York City, $110M)
Paxos
(2013, New York City, $32M)
itBit
(2012, Tower, $28.3M)
PeerNova
(2013, San Jose, $26.6M)
Axoni
(2016, New York City, $20M)
Top Companies
#1 Top Markets of Investment Activity
Blockchain > Market Details > Market: Capital Markets
Companies Created 34 | Funded 16 | Total Funding $246M
49. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201849
Financial Services > Trading > Capital Markets: Top Companies
Market: Capital Markets
Blockchain > Market Details > Market: Capital Markets
#1 Top Markets of Investment Activity
Analyst’s Pick
Digital Asset Holdings (2014, New York City,
$110M)
Market level solutions based on Blockchain
Soonicorn. Stage: Series C
Australian Securities Exchange, ABN AMRO Bank,
Accenture and 14 Other Investors
itBit (2012, Tower, $28.3M)
Provider of Trading & Settlement platforms
Soonicorn. Stage: Series A
RRE Ventures, Liberty City Ventures, Canaan
Partners and 3 Other Investors
PeerNova (2013, San Jose, $26.6M)
Provider of cryptographic development platform
Soonicorn. Stage: Series A
Overstock, Mosaik Partners, Blockchain Capital and
3 Other Investors
Axoni (2016, New York City, $20M)
Blockchain solutions for capital markets
Minicorn. Stage: Series A
Wells Fargo, Euclid Opportunities, Goldman Sachs
and 7 Other Investors
Analyst’s Pick
LedgerX (2014, New York City, $16.4M)
Institutional derivatives exchange.
Editor's Pick. Stage: Series B
MIAX Options, Huiyin Blockchain Ventures, GV and
6 Other Investors
Cryex (2013, Stockholm, $10M)
Multi-Currency matching platform.
Minicorn. Stage: Acquired
Northzone, White Star Capital, SparkLabs Global
Ventures, Isomer Capital
Epiphyte (2013, London, $70.4k)
Enterprise software for integrating financial
institutions with cryptofinancial networks.
Minicorn. Stage: Seed
Startupbootcamp, Force Over Mass Capital, Plug
and Play Tech Center
Domus Tower (2014, San Francisco)
Realtime equity trade settlement solution
Minicorn. Stage: Seed
Plug and Play Tech Center
Analyst’s Pick
Setl (2015, London)
Institutional payment and settlement infrastructure
based on blockchain technology
Minicorn. Stage: Seed
Deloitte
SmartContracts (2014, New York City)
Blockchain based contractual agreements
Editor's Pick. Stage: Seed
Data Collective, Underscore VC, BlockVentures
Capital
50. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Incubators 500 Startups (#2), Boost VC (#1)
Seed Blockchain Capital (#1), Spark Capital (#1)
Series A/B Digital Currency Group (#4), Nasdaq (#2)
Series C+ Credit China Holdings (#1)
BTL Dec - 2011
IPO'd on CVE
Seed
IOTA (2015, Drammen)
$14.5M - Series B
Colu (2014, Tel Aviv, $26.6M)
$1.2M - Series A
Stratumn (2015, Paris, $9.7M)
$22M - Series B
AION (2017, Toronto, $22M)
$15M - Series B
Tech bureau Lab (2015, Osaka,
$25.8M)
$817k - Angel
ArabianChain (2016, Dubai, $817k)
$7.9M - Series A
Stratumn (2015, Paris, $9.7M)
$2.7M - Series A
Factom (2014, Austin, $10.7M)
$750k - Series A
Factom (2014, Austin, $10.7M)
$30M - Series C
Bitfury (2012, San Francisco, $95M)
Seed
Settlemint (2016, Brussels)
Dec 2017
Synereo Integrates Changelly’s API, Allows Users to
Purchase AMPs Using Any Currency, Coinspeaker
Dec 2017
GEM Bags Bulk Raw Material Supply Deal With Chinese
Lithium Battery Maker, Yicai Global
Dec 2017
GM Financial Joins Hyperledger to Test Blockchain, Auto
Finance News
Dec 2017
Vela Technologies Nets CAD175,000 From Further BTL Stake
Sale, Morningstar
Dec 2017
Petroteq Energy Subsidiary, Petrobloq, Announces
Membership in Hyperledger , NewMediaWire
Dec 2017
New Chain Platform Ivy Brings Smart Contracts to Bitcoin,
profitmaker.tips
Dec 2017
Blockchain Firms Team with Aion to Expand Interoperability
on Global Scale, BlockTribune
Dec 2017
Ethereum's price surpasses $700 in another astonishing
crypto-rally, Mashable
Dec 2017 Colu Mixes VC and ICO for $14.5 Million Fundraise, CoinDesk
Dec 2017 BTL(TM) Confirms No Material Change, GlobeNewswire
Dec 2017
Hut 8 Partners with the Bitfury Group to Establish North
America’s Largest Bitcoin Datacenters, Business Wire
Dec 2017
BTL Group: A First-Mover In Blockchain Technology, Seeking
Alpha
Nov 2017
Vela Technologies Ups Stake In BTL Group For Well Below
Market Price (ALLISS), LSE Spreads
News
9
10
11
12
13
$0k
$20M
$40M
$60M
$80M
$100M
2014 2015 2016 2017 2018
YoY Funding Rounds
1
3
10
33
87
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Technology > Application Development Platform: Market Factsheet
Market: Application Development Platform
50
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Companies that provide platforms
for developing blockchains
Bitfury
(2012, San Francisco, $95M)
Chain
(2014, San Francisco, $43.7M)
Colu
(2014, Tel Aviv, $26.6M)
Tech bureau Lab
(2015, Osaka, $25.8M)
AION
(2017, Toronto, $22M)
Top Companies
#2 Top Markets of Investment Activity
Blockchain > Market Details > Market: Application Development Platform
Companies Created 87 | Funded 33 | Total Funding $263M
51. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201851
Technology > Application Development Platform: Top Companies
Market: Application Development Platform (1/2)
Blockchain > Market Details > Market: Application Development Platform
#2 Top Markets of Investment Activity
Analyst’s Pick
Bitfury (2012, San Francisco, $95M)
Provider for Bitcoin mining hardware
Soonicorn. Stage: Series C
Credit China Holdings, Investment Fund, Itech
Capital and 6 Other Investors
Chain (2014, San Francisco, $43.7M)
Designing blockchain applications for organizations
Soonicorn. Stage: Series B
Citi Ventures, Fiserv, Nasdaq and 21 Other
Investors
Colu (2014, Tel Aviv, $26.6M)
Bitcoin based asset issuance and management
platform
Editor's Pick. Stage: Series B
IDB, Spark Capital, BoxGroup and 2 Other Investors
Tech bureau Lab (2015, Osaka, $25.8M)
Japanese cryptocurrency technology company and
Bitcoin Exchange operator
Minicorn. Stage: Series B
JAFCO, Infoteria, Arara and 5 Other Investors
Analyst’s Pick
AION (2017, Toronto, $22M)
Inter-blockchain operability network
Editor's Pick. Stage: Series B
Nuco
Factom (2014, Austin, $10.7M)
Blockchain as a service for protecting enterprise
data
Minicorn. Stage: Series A
Peeli Ventures, Harvest Partners, Bill & Melinda
Gates Foundation and 10 Other Investors
Gem (2014, Venice, $10.4M)
Platform to develop blockchain applications
Minicorn. Stage: Series A
Pelion Venture Partners, KEC Ventures, Blockchain
Capital and 14 Other Investors
BlockCypher (2013, Redwood City, $3.5M)
Cloud-optimized full blockchain nodes
Minicorn. Stage: Seed
Fenox Venture Capital, Upside Partnership, AME
Cloud Ventures and 11 Other Investors
Analyst’s Pick
SolidX Partners (2014, New York City, $3M)
Digital currency investment software and
blockchain platform
Minicorn. Stage: Seed
Liberty City Ventures, Red Sea Ventures, Red Swan
Ventures, Raptor Group
BTL (2011, Vancouver)
Blockchain based development platforms for
businesses
Minicorn. Stage: Public
Vela Technologies, Level39
AI-BlockChain (2014, New York City)
AI enhanced blokchain solution provider.
Editor's Pick. Stage: Unfunded
ChainReactor (2016, Indianapolis)
Blockchain development platform supporting
multiple chains
Editor's Pick. Stage: Unfunded
52. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201852
Technology > Application Development Platform: Top Companies
Market: Application Development Platform (2/2)
Blockchain > Market Details > Market: Application Development Platform
#2 Top Markets of Investment Activity
Analyst’s Pick
Ethereum (2013, Toronto)
Cryptocurrency 2.0 Network
Editor's Pick. Stage: Funded
Winklevoss Capital, Yushan Ventures, 6Degrees
Ventures
IOTA (2015, Drammen)
Machine to machine payments token on a directed
acylic graph based mechanism.
Editor's Pick. Stage: Seed
Robert Bosch Venture Capital, Outlier Ventures
Kadena (2016, New York City)
Private distributed ledger technology solutions for
enterprises
Editor's Pick. Stage: Funded
Asimov Ventures
KrypC Technologies (2016, Bangalore)
Full stack Blockchain solution
Editor's Pick. Stage: Unfunded
Settlemint (2016, Brussels)
Blockchain middleware development solutions
Editor's Pick. Stage: Seed
Overstock
53. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Incubators E.ON agile (#1), Founders Factory (#1)
Seed Pamica (#1), Partech Ventures (#1)
Series A/B Intel Capital (#1)
Series C+ None
$2.8M - Series A
Prasos (2012, Jyvaskyla, $2.8M)
$500k - Seed
Mobius (2017, San Francisco, $500k)
Seed
Wallet. Services (2016, Edinburgh)
$589k - Seed
Oraclize (2015, London, $589k)
Seed
Luther Systems (2015, London)
$2.2M - Seed
IntellectEU (2003, Jersey City, $2.2M)
$107M - Series A
R3 (2013, New York City, $107M)
$2M - Seed
Cambridge Blockchain (2015,
Cambridge, $2M)
$17.5M - Series B
TradeBlock (2013, New York City,
$20.7M)
Seed
SettleMint (2016, Antwerp)
Seed
Cambridge Blockchain (2015,
Cambridge, $2M)
Dec 2017
Primechain Adds Another Blockchain X-Border Payments
Tool To India, FinTechnewsToday
Dec 2017
Update: Prasos Achieves €2 Million Through Equity
Crowdfunding Round on Invesdor, Crowdfund Insider
Dec 2017 ABI Lab trials blockchain solution with R3, FStech
Dec 2017 R3 appoints new South West and Wales chair , Insider Media
Dec 2017 NH Bank Joins R3 Blockchain Consortium, profitmaker.tips
Dec 2017
ConsenSys Ventures has made its first four investments,
TechCrunch
Nov 2017
Decentral Inc. Appoints Addison Cameron-Huff as President,
Marketwired
Nov 2017
Ethereum studio ConsenSys opens European Hub in London,
International Business Times
Nov 2017 MAS, R3 test blockchain in payments, The Business Times
Nov 2017
SIA and R3 Partner to Accelerate the Adoption of Blockchain
Applications by 600 Banks and Corporates, Business Wire
Oct 2017
Top banks and R3 build blockchain-based payments system,
Reuters
Oct 2017
Civil Announces $5 Million In Funding From ConsenSys, PR
Newswire
Oct 2017 Former Strate CEO becomes blockchain ambassador, ITWeb
Oct 2017
Court Dismisses $1 Billion R3 Lawsuit Against Ripple,
CryptoCoinsNews
Oct 2017
Accuity partners R3 for financial crime screening on DLT,
Finextra
News
0
2
4
6
8
10
$0k
$20M
$40M
$60M
$80M
$100M
$120M
$140M
2014 2015 2016 2017 2018
YoY Funding Rounds
-
2
5
15
102
M&A/IPO
Series C+
Series A+
Funded
Companies
Covered
Funding Funnel
Technology > Service Providers: Market Factsheet
Market: Service Providers
53
Exits
Most Active Investors
Recent Investments
YoY Funding and Rounds
Companies that provide
blockchain development as a
service
R3
(2013, New York City, $107M)
TradeBlock
(2013, New York City, $20.7M)
Prasos
(2012, Jyvaskyla, $2.8M)
IntellectEU
(2003, Jersey City, $2.2M)
Cambridge Blockchain
(2015, Cambridge, $2M)
Top Companies
#3 Top Markets of Investment Activity
Blockchain > Market Details > Market: Service Providers
Companies Created 102 | Funded 15 | Total Funding $136M
54. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201854
Technology > Service Providers: Top Companies
Market: Service Providers
Blockchain > Market Details > Market: Service Providers
#3 Top Markets of Investment Activity
Analyst’s Pick
R3 (2013, New York City, $107M)
Consortium of financial enterprises aiming to
create digital ledger technology
Editor's Pick. Stage: Series A
Intel Capital, SBI Group, HSBC Group and 7 Other
Investors
TradeBlock (2013, New York City, $20.7M)
Online cryptocurrency data and research
Minicorn. Stage: Series B
Andreessen Horowitz, FinTech Collective, Barry
Silbert and 5 Other Investors
Hashcove (2014, Chandigarh)
Blockchain products company working on KYC and
smart contracts.
Editor's Pick. Stage: Unfunded
Primechain Technologies (2016, Pune)
APIs for enterprise to add Blockchain solutions to
their legacy systems
Editor's Pick. Stage: Unfunded
55. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Distributed Identity
55
#4 Top Markets of Investment Activity
Blockchain > Market Details > Market: Distributed Identity
Companies Created 27 | Funded 11 | Total Funding $110M
56. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201856
Market: Distributed Identity
Blockchain > Market Details > Market: Distributed Identity
#4 Top Markets of Investment Activity
57. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: P2P
57
#5 Top Markets of Investment Activity
Blockchain > Market Details > Market: P2P
Companies Created 67 | Funded 18 | Total Funding $194M
58. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201858
Market: P2P (1/2)
Blockchain > Market Details > Market: P2P
#5 Top Markets of Investment Activity
59. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201859
Market: P2P (2/2)
Blockchain > Market Details > Market: P2P
#5 Top Markets of Investment Activity
60. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: B2B
60
#6 Top Markets of Investment Activity
Blockchain > Market Details > Market: B2B
Companies Created 21 | Funded 11 | Total Funding $152M
61. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201861
Market: B2B
Blockchain > Market Details > Market: B2B
#6 Top Markets of Investment Activity
62. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Energy
62
#7 Top Markets of Investment Activity
Blockchain > Market Details > Market: Energy
Companies Created 24 | Funded 7 | Total Funding $63.4M
63. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Distributed Storage
63
#8 Top Markets of Investment Activity
Blockchain > Market Details > Market: Distributed Storage
Companies Created 21 | Funded 8 | Total Funding $25.5M
64. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201864
Market: Distributed Storage
Blockchain > Market Details > Market: Distributed Storage
#8 Top Markets of Investment Activity
65. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Digital Rights Management
65
#9 Top Markets of Investment Activity
Blockchain > Market Details > Market: Digital Rights Management
Companies Created 22 | Funded 7 | Total Funding $17.2M
66. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201866
Market: Digital Rights Management
Blockchain > Market Details > Market: Digital Rights Management
#9 Top Markets of Investment Activity
67. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Security
67
#10 Top Markets of Investment Activity
Blockchain > Market Details > Market: Security
Companies Created 28 | Funded 8 | Total Funding $26.6M
68. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201868
Market: Security
Blockchain > Market Details > Market: Security
#10 Top Markets of Investment Activity
69. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Sidechain
69
#11 Top Markets of Investment Activity
Blockchain > Market Details > Market: Sidechain
Companies Created 18 | Funded 5 | Total Funding $106M
70. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201870
Market: Sidechain
Blockchain > Market Details > Market: Sidechain
#11 Top Markets of Investment Activity
71. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Internet Of Things
71
#12 Top Markets of Investment Activity
Blockchain > Market Details > Market: Internet Of Things
Companies Created 16 | Funded 6 | Total Funding $45.6M
72. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201872
Market: Internet Of Things
Blockchain > Market Details > Market: Internet Of Things
#12 Top Markets of Investment Activity
73. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Investment Fund
73
#3 Top Markets of Early Stage Investors
Blockchain > Market Details > Market: Investment Fund
Companies Created 21 | Funded 4 | Total Funding $11.4M
74. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201874
Market: Investment Fund
Blockchain > Market Details > Market: Investment Fund
#3 Top Markets of Early Stage Investors
75. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Trading
75
#4 Top Markets of Early Stage Investors
Blockchain > Market Details > Market: Trading
Companies Created 11 | Funded 3 | Total Funding $25M
76. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201876
Market: Trading
Blockchain > Market Details > Market: Trading
#4 Top Markets of Early Stage Investors
77. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Money Transfer
77
#1 Other Notable Markets
Blockchain > Market Details > Market: Money Transfer
Companies Created 29 | Funded 11 | Total Funding $12.9M
78. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201878
Market: Money Transfer
Blockchain > Market Details > Market: Money Transfer
#1 Other Notable Markets
79. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: P2P Commerce
79
#2 Other Notable Markets
Blockchain > Market Details > Market: P2P Commerce
Companies Created 20 | Funded 5 | Total Funding $4.7M
80. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201880
Market: P2P Commerce
Blockchain > Market Details > Market: P2P Commerce
#2 Other Notable Markets
81. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Supply Chain
81
#4 Other Notable Markets
Blockchain > Market Details > Market: Supply Chain
Companies Created 36 | Funded 6 | Total Funding $5.3M
82. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201882
Market: Supply Chain
Blockchain > Market Details > Market: Supply Chain
#4 Other Notable Markets
83. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Banking
83
#5 Other Notable Markets
Blockchain > Market Details > Market: Banking
Companies Created 25 | Funded 10 | Total Funding $4.8M
84. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201884
Market: Banking
Blockchain > Market Details > Market: Banking
#5 Other Notable Markets
85. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Documents
85
#6 Other Notable Markets
Blockchain > Market Details > Market: Documents
Companies Created 23 | Funded 12 | Total Funding $1.5M
86. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201886
Market: Documents
Blockchain > Market Details > Market: Documents
#6 Other Notable Markets
87. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Digital Content
87
#7 Other Notable Markets
Blockchain > Market Details > Market: Digital Content
Companies Created 33 | Funded 4 | Total Funding $4.3M
88. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201888
Market: Digital Content
Blockchain > Market Details > Market: Digital Content
#7 Other Notable Markets
89. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Market: Record Keeping
89
#8 Other Notable Markets
Blockchain > Market Details > Market: Record Keeping
Companies Created 21 | Funded 5 | Total Funding $1.3M
90. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201890
Market: Record Keeping
Blockchain > Market Details > Market: Record Keeping
#8 Other Notable Markets
91. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Public Companies
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
91
Notable Acquisitions
Top Acquirers
Acqui-hires
92. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MarketingTech
Dec 2017
Sales Force Automation
Dec 2017
Consumer HealthTech
Dec 2017
93. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Acqui-hires
93
List of Acqui-hires in Blockchain
Excludes all details for Chinese companies
Date Target
Nov-17 Minebox Acq by ClearCenter
Oct-17 Cryex Acq by Safello
May-17 Proof of existence Acq by Canaan
Apr-17 Mediachain Acq by Spotify
Apr-16
Elevence Digital Finance Acq by Digital
Asset Holdings
Feb-16 XAPCASH Technologies Acq by BTL
Oct-15
Blockstack Acq by Digital Asset
Holdings
Jun-15
Blockchain Technologies Corp Acq by
Global Arena Holding
Jun-15
Hyperledger Project Acq by Digital Asset
Holdings
Jun-15
Bits of Proof Acq by Digital Asset
Holdings
Feb-15 Tagpesa Acq by Igot
Jun-14 GreencoinX Acq by GreenBank Captial
Blockchain > Exit Outlook > Acqui-hires
View all 12 Acqui-hired companies on Tracxn Platform
94. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trend
Market Details
Exit Outlook
Investors
News
Appendix
94
Details on VC & PE Investors
Details on Top Ecosystem Players
95. Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
3D Printing
Dec 2017
Consumer Robotics
Nov 2017
Industrial Internet of Things
Nov 2017
96. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201896
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE)
Blockchain > Investors > Index of Most Active VC & PE Investors
Index of Top Investors (VC, PE) by Stage in Blockchain; Last 5 years (Jan 2013 - Dec 2017)
Index of Most Active VC & PE Investors
SEED STAGE
Fenbushi Capital (11 Investments)
Blockchain Capital (9 Investments)
Y Combinator (8 Investments)
RRE Ventures (6 Investments)
Liberty City Ventures (5 Investments)
Union Square Ventures (4 Investments)
AME Cloud Ventures (3 Investments)
Andreessen Horowitz (3 Investments)
SV Angel (3 Investments)
Draper Associates (3 Investments)
IDG Capital Partners (2 Investments)
Future Perfect Ventures (2 Investments)
Fenway Summer Ventures (2 Investments)
GV (2 Investments)
BoxGroup (2 Investments)
EARLY STAGE
Blockchain Capital (5 Investments)
RRE Ventures (4 Investments)
Andreessen Horowitz (4 Investments)
Santander InnoVentures (3 Investments)
Draper Associates (3 Investments)
Liberty City Ventures (2 Investments)
Euclid Opportunities (2 Investments)
SV Angel (2 Investments)
Route 66 Ventures (2 Investments)
JAFCO (2 Investments)
Union Square Ventures (2 Investments)
FinTech Collective (2 Investments)
FPrime Capital Partners (2 Investments)
Recruit Strategic Partners (2 Investments)
Crosslink Capital (2 Investments)
LATE STAGE
IDG Capital Partners
Intel Capital
Fenway Summer Ventures
Oak Investment Partners
Backstage Capital
JetBlue Technology Ventures
Resonant Venture Partners
Samsung NEXT
Tappan Hill Ventures
Radicle Impact Partners
97. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Fenbushi Capital
97
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Fenbushi Capital
People
Investments
[Soonicorn] Circle (2013, Boston, $136M, Series D)
Digital currency wallet for global money transfers
[Soonicorn] Symbiont (2015, New York City, $8.3M, Series A)
Smart securities issuance and trading platform
[Minicorn] Veem (2014, San Francisco, $40M, Series B)
B2B payment platform.
[Minicorn] Abra (2014, Mountain View, $30M, Series B)
Fiat money remittance based on bitcoin
[Minicorn] Factom (2014, Austin, $10.7M, Series A)
Blockchain as a service for protecting enterprise data
[Minicorn] Gem (2014, Venice, $10.4M, Series A)
Platform to develop blockchain applications
[Minicorn] Chronicled (2014, San Francisco, $5.3M, Seed)
Product authentication on blockchain
[Minicorn] Hijro (2014, Lexington, $2.5M, Seed)
Software platform for cross-border B2B trade
[Minicorn] Streami (2015, Seoul, $2M, Seed)
Middleware and infrastructure for Blockchain remittance
[Minicorn] Everledger (2015, London, $120k, Seed)
Preventing diamond fraud and theft
[Minicorn] Skuchain (2014, San Francisco, Seed)
Blockchain based solution for B2B commerce
Blockchain Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
Bo Shen
Founder
Geographical Spread Stage of Entry
Dec 2017 Circle's CENTRE Raises $20 Million in SAFT Sale, CoinDesk
Nov 2017
Circle to Launch Cryptocurrency Investment App in 2018
, CoinDesk
Oct 2017
Circle Acquires Trigger Finance To Help Deliver
Investment Products For Crypto Assets, Inside Bitcoins
Oct 2017
Circle enables US Instant withdrawals for cross-border
bank transfers, Finextra
Oct 2017
Circle Announces Open Source Project Centre And
Foundation, Coinspeaker
Oct 2017
Circle Is Building a Master Mobile Payments Network on
Ethereum, CoinDesk
Sep 2017
Circle pushes OTC crypto trading, launches in France and
Italy and adds group payments, International Business
Times
Jun 2017
Circle Launches Free Cross-Border Mobile Payments
Based on Blockchain, Crowdfund Insider
Dec 2016
Circle unveils Spark; pivots away from direct bitcoin
transacting o..., Finextra
Dec 2016
Circle Cedes Bitcoin Trading to Coinbase, Expands
Messaging Functions, Bank Innovation
None
1 1
8
1
2013 2014 2015 2016 2017 2018
Follow On New Investments
10
-
-
1
11
Undisclosed
Series C+
Series B
Series A
Seed15
4
1
1
1
US
Europe
South Korea
SEA
Latam
98. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Blockchain Capital
98
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Blockchain Capital
People
Investments
[Soonicorn] Blockstream (2014, San Francisco, $101M, Series B)
Blockchain development focused on sidechains innovation
[Soonicorn] Bitfury (2012, San Francisco, $95M, Series C)
Provider for Bitcoin mining hardware
[Soonicorn] Ripple (2012, San Francisco, $90.5M, Series B)
Open source payment protocol for cross border money transfer.
[Soonicorn] Chain (2014, San Francisco, $43.7M, Series B)
Designing blockchain applications for organizations
[Soonicorn] itBit (2012, Tower, $28.3M, Series A)
Provider of Trading & Settlement platforms
[Soonicorn] PeerNova (2013, San Jose, $26.6M, Series A)
Provider of cryptographic development platform
[Soonicorn] BitPesa (2013, Nairobi, $10M, Series A)
Bitcoin based remittance service provider.
[Minicorn] BitGo (2013, San Francisco, $54.5M, Series B)
Multi-signature security for cryptocurrency payments
[Minicorn] Abra (2014, Mountain View, $30M, Series B)
Fiat money remittance based on bitcoin
[Minicorn] Gem (2014, Venice, $10.4M, Series A)
Platform to develop blockchain applications
[Minicorn] BlockCypher (2013, Redwood City, $3.5M, Seed)
Cloud-optimized full blockchain nodes
[Minicorn] Stampery (2014, Madrid, $600k, Seed)
Stamp emails and files for proof of existence and ownership
[Editor's Pick] LedgerX (2014, New York City, $16.4M, Series B)
Institutional derivatives exchange.
[Editor's Pick] Stem Disintermedia (2015, Los Angeles, $12.5M,
Series A)
Digital rights management platform
Blockchain Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
W Bradford
Stephens
Co-Founder &
Managing Partner
Brock Pierce
Co-Founder
P Bart Stephens
Co-Founder &
Managing Partner
Geographical Spread Stage of Entry
Dec 2017
Ripple’s Value Rises 20 Percent Post-Japanese Credit Card
Partnership, PYMNTS
Dec 2017
SBI Ripple Asia Forms Credit Card Industry Consortium in
Japan , Finance Magnates
Dec 2017
Ripple making waves in the cryptocurrency market,
Digital Journal
Dec 2017 XRP now available on 50 exchanges worldwide, Finextra
Dec 2017 Zoe Cruz joins Ripple's board, Finextra
Dec 2017
Ripple Launches Infrastructure Innovation Initiative,
Financial IT
Dec 2017
Ripple Overtakes Bitcoin Cash to Become the Third
Largest Cryptocurrency, ccn.com
Nov 2017
BitLicense Architect Ben Lawsky Joins Ripple Board,
CoinDesk
Nov 2017
Ripple Secures Two Veterans to Steer its Cross-Border
Payments Ambitions , Finance Magnates
Oct 2017
Court Dismisses $1 Billion R3 Lawsuit Against Ripple,
CryptoCoinsNews
Oct 2017
Ripple entices banks with new accelerator programme,
BankingTechnology
None
1 1
2
5
5
1
2013 2014 2015 2016 2017 2018
Follow On New Investments
9
-
-
5
9
Undisclosed
Series C+
Series B
Series A
Seed18
3
1
1
-
US
Europe
Kenya
Israel
99. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Y Combinator
99
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Y Combinator
People
Investments
[Minicorn] TradeBlock (2013, New York City, $20.7M, Series B)
Online cryptocurrency data and research
[Editor's Pick] Onename (2013, New York City, $1.6M, Seed)
Managing online identity and personal data
Blockchain Notable Portfolio
[Unicorn] Airbnb (2008, San Francisco, $3.4B, Series F)
Marketplace for vacation rental accommodations
[Unicorn] Instacart (2012, San Francisco, $675M, Series D)
Marketplace for same-day grocery delivery
[Unicorn] Dropbox (2007, San Francisco, $607M, Series C)
Cloud-based file sharing and synchronization software
[Unicorn] Zenefits (2013, San Francisco, $584M, Series C)
SaaS HR Platform for SMBs
[Unicorn] Stripe (2010, San Francisco, $473M, Series D)
Web & Mobile Payments for Developers
[Unicorn] Ginkgo Bioworks (2008, Boston, $429M, Series D)
Designs microbes to produce cultured ingredients
[Unicorn] MZ (Machine Zone) (2008, Palo Alto, $263M, Series B)
Mobile game developer
[Unicorn] Docker (2008, San Francisco, $243M, Series E)
LXC based OS-level virtualization technology and PaaS
[Unicorn] Coinbase (2012, San Francisco, $217M, Series D)
Digital currency exchange & wallet provider
[Unicorn] Gusto (2011, San Francisco, $176M, Series C)
Cloud-based HRMS and payroll management solution
[Unicorn] Quora (2009, Mountain View, $141M, Series D)
Social Q&A community
Other Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
Michael Seibel
CEO
Geographical Spread Stage of Entry
Dec 2017
Blockstack raises $52 million to build a parallel internet
where you own all your data, VentureBeat
Oct 2017
Next Up on CoinList is Blockstack Initial Coin Offering,
Crowdfund Insider
Sep 2017
$257 Million: Filecoin Breaks All-Time Record for ICO
Funding, CoinDesk
Aug 2017
Dharma wants to let anyone borrow a small amount of
cryptocurrency, Techtidda
Aug 2017
The Filecoin ICO Has Raised Over $200 Million. How
Much Higher Can it Go?, Crowdfund Insider
Aug 2017
Filecoin laments shutting out crypto supporters to meet
SEC regulations, International Business Times
Apr 2017
Blockstack's Ryan Shea: Segwit is More Than Malleability
Fixes & Scaling, CryptoCoinsNews
Oct 2016
Introducing The Winklevoss Capital Syndicate On
AngelList, Winklevoss Capital
None
6
2
1
2013 2014 2015 2016 2017 2018
Follow On New Investments
-
-
-
1
8
Undisclosed
Series C+
Series B
Series A
Seed8
1
-
-
-
US
Europe
100. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
RRE Ventures
100
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > RRE Ventures
101. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Liberty City Ventures
101
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Blockchain > Investors > Liberty City Ventures
102. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Union Square Ventures
102
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Blockchain > Investors > Union Square Ventures
103. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
AME Cloud Ventures
103
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > AME Cloud Ventures
104. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Andreessen Horowitz
104
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Andreessen Horowitz
105. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
SV Angel
105
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > SV Angel
106. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Draper Associates
106
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Draper Associates
107. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
IDG Capital Partners
107
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > IDG Capital Partners
108. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Future Perfect Ventures
108
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Future Perfect Ventures
109. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Fenway Summer Ventures
109
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Blockchain > Investors > Fenway Summer Ventures
110. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
GV
110
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Blockchain > Investors > GV
111. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
BoxGroup
111
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Blockchain > Investors > BoxGroup
112. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Blockchain Capital
112
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Blockchain > Investors > Blockchain Capital
113. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
RRE Ventures
113
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > RRE Ventures
114. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Andreessen Horowitz
114
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Andreessen Horowitz
115. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Santander InnoVentures
115
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Blockchain > Investors > Santander InnoVentures
116. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Draper Associates
116
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Blockchain > Investors > Draper Associates
117. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Liberty City Ventures
117
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Blockchain > Investors > Liberty City Ventures
118. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Euclid Opportunities
118
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Euclid Opportunities
119. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
SV Angel
119
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Blockchain > Investors > SV Angel
120. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Route 66 Ventures
120
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Route 66 Ventures
121. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
JAFCO
121
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Blockchain > Investors > JAFCO
122. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Union Square Ventures
122
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Blockchain > Investors > Union Square Ventures
123. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FinTech Collective
123
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > FinTech Collective
124. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FPrime Capital Partners
124
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > FPrime Capital Partners
125. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Recruit Strategic Partners
125
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Recruit Strategic Partners
126. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Crosslink Capital
126
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Blockchain > Investors > Crosslink Capital
127. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
IDG Capital Partners
127
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Blockchain > Investors > IDG Capital Partners
128. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Intel Capital
128
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Intel Capital
129. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Fenway Summer Ventures
129
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Blockchain > Investors > Fenway Summer Ventures
130. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Oak Investment Partners
130
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Blockchain > Investors > Oak Investment Partners
131. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
JetBlue Technology Ventures
131
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > JetBlue Technology Ventures
132. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Resonant Venture Partners
132
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Blockchain > Investors > Resonant Venture Partners
133. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Samsung NEXT
133
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Blockchain > Investors > Samsung NEXT
134. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Tappan Hill Ventures
134
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Blockchain > Investors > Tappan Hill Ventures
135. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Radicle Impact Partners
135
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Radicle Impact Partners
136. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018136
Blockchain > Investors > Index of Ecosystem Investors
Index of Top Ecosystem Investors in Blockchain; Q0 2013 - Q3 2017
Index of Ecosystem Investors
INCUBATOR
Boost VC (27 Investments)
500 Startups (12 Investments)
Techstars (11 Investments)
Barclays Accelerator (6 Investments)
Kickstart Accelerator (6 Investments)
Alchemist Accelerator (2 Investments)
SparkLabs (2 Investments)
ABBALab
Amplify
Axel Springer Plug and Play Accelerator
Ben Franklin Technology Partners
Bethnal Green Ventures
Block Chain Space
BoomTown Accelerator
Capital Innovators
OTHER NOTABLE INVESTORS
Digital Currency Group (53 Investments)
Pantera Capital (13 Investments)
Startupbootcamp (13 Investments)
Plug and Play Tech Center (11 Investments)
Coinsilium (5 Investments)
FundersClub (5 Investments)
Crypto Currency Partners (4 Investments)
SBI Holdings (4 Investments)
BnkToTheFuture (3 Investments)
CME Group (3 Investments)
Cyber London (CyLon) (3 Investments)
Draper Associates (3 Investments)
FinTech Innovation Lab (3 Investments)
Goldman Sachs (3 Investments)
UK Government (3 Investments)
DEBT INVESTORS
Silicon Valley Bank
137. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Boost VC
137
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Boost VC
People
Investments
[Minicorn] Veem (2014, San Francisco, $40M, Series B)
B2B payment platform.
[Minicorn] Abra (2014, Mountain View, $30M, Series B)
Fiat money remittance based on bitcoin
[Minicorn] Wyre (2013, San Francisco, $7.5M, Series A)
International money transfers using blockchain
[Minicorn] BlockCypher (2013, Redwood City, $3.5M, Seed)
Cloud-optimized full blockchain nodes
[Minicorn] Hijro (2014, Lexington, $2.5M, Seed)
Software platform for cross-border B2B trade
[Minicorn] Hedgy (2014, San Francisco, $2M, Seed)
Marketplace for hedging contracts on the Bitcoin.
[Minicorn] Stampery (2014, Madrid, $600k, Seed)
Stamp emails and files for proof of existence and ownership
[Editor's Pick] Polychain (2016, San Francisco, $10M, Series A)
Protocol level token oriented investment fund.
Blockchain Notable Portfolio
[Soonicorn] 8i (2014, Wellington, $41.5M, Series B)
Tools for volumetric video capture
[Minicorn] Transcriptic (2012, Menlo Park, $27.7M, Series A)
Cloud-based remote robotic bio-lab
[Minicorn] Pillow (2014, San Francisco, $16.2M, Series A)
Software solution provider for vacation rentals
[Minicorn] SnapCard (2013, San Francisco, $8.6M, Series A)
Bitcoin wallet & payment processor
[Minicorn] 7shifts (2011, Regina, $4.7M, Series A)
Online employee scheduling software
Other Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
Adam Draper
Founder & MD
Brayton
Williams
Founder & Partner
Geographical Spread Stage of Entry
Nov 2017
Veem opens up global payments platform to developers
with new API, Tech Innovations News
Nov 2017
Bitcoin Wallet App Abra Announces Ethereum
Integration, CoinDesk
Oct 2017 Abra hauls in $16 mln Series B, PE Hub
Sep 2017
San Francisco fintech Veem teams up with Xero
accounting app, The Business Journals
Aug 2017
Accounting Firm Acuity Partners with Veem Global
Payments, PRWeb
Aug 2017
BlockCypher Named a 2017 Gartner Cool Vendor in
Blockchain, PRWeb
Aug 2017
Bitcoin Startup Abra Adds Gwyneth Paltrow As Advisor, Is
Featured In Apple Reality TV Show, Forbes
Jul 2017
American Express Integrates with Bitcoin Wallet Abra,
Financial IT
Jul 2017
Blockchain Payments Startup Veem Integrates With Intuit
QuickBooks, Inside Bitcoins
None
2
11
2
6
2
3
2013 2014 2015 2016 2017 2018
Follow On New Investments
13
-
-
2
12
Undisclosed
Series C+
Series B
Series A
Seed21
2
1
1
1
US
SEA
South Africa
Europe
Latam
138. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
500 Startups
138
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > 500 Startups
People
Investments
[Soonicorn] Chain (2014, San Francisco, $43.7M, Series B)
Designing blockchain applications for organizations
[Soonicorn] Chain (2014, San Francisco, $43.7M, Series B)
Designing blockchain applications for organizations
[Minicorn] BlockCypher (2013, Redwood City, $3.5M, Seed)
Cloud-optimized full blockchain nodes
[Minicorn] Hijro (2014, Lexington, $2.5M, Seed)
Software platform for cross-border B2B trade
[Minicorn] burstIQ (2015, Denver, $250k, Seed)
Cloud-based data aggregation platform for providers
Blockchain Notable Portfolio
[Unicorn] Grab (2012, Singapore, $1.4B, Series G)
Taxi Booking App
[Unicorn] Credit Karma (2007, San Francisco, $370M, Series D)
Aggregator of various consumer financial products.
[Unicorn] Twilio (2007, San Francisco, $240M, Public)
Cloud Communications API provider
[Soonicorn] Udemy (2010, San Francisco, $173M, Series D)
Marketplace for online courses
[Soonicorn] Smule (2008, San Francisco, $144M, Series F)
Developer of social music-making & sharing apps
[Soonicorn] Intercom (2011, San Francisco, $116M, Series D)
Customer communication and Retention Platform
[Soonicorn] Ipsy (2011, San Mateo, $107M, Series B)
Subscription for beauty products
[Soonicorn] Life360 (2008, San Francisco, $94.6M, Series C)
Mobile app that connects family members and close friends
Other Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
Dave McClure
Founder, Partner
Geographical Spread Stage of Entry
Dec 2017
New Chain Platform Ivy Brings Smart Contracts to Bitcoin,
profitmaker.tips
Oct 2017
Blockchain startup Chain revealed а cloud-based ledger
service for managing balances, named Sequence.,
Coinspeaker
Aug 2017
BlockCypher Named a 2017 Gartner Cool Vendor in
Blockchain, PRWeb
Jun 2017
Jeff Garzik's Bloq Acquires Skry For Machine Learning
And AI Blockchain Data Analytics, International Business
Times
Apr 2017 Chain Appoints Tom Jessop as President , PR Newswire
Mar 2017
Blockchain startup Chain teams with Thales to bolster
security, Reuters
Jun 2016
How the blockchain infrastructure can make a major
impact on the remittance industry, E27
May 2016
Financial Operating Network Fluent Closes $1.65MM Seed
Round, Business Wire
Nov 2015
Fluent Featured on LetsTalkPayments.com – Hijro –
Medium, Medium
None
2
4
3
1
2013 2014 2015 2016 2017 2018
Follow On New Investments
2
-
-
1
9
Undisclosed
Series C+
Series B
Series A
Seed10
2
-
-
-
US
SEA
139. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Techstars
139
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Techstars
People
Investments
[Minicorn] Filament (2012, Reno, $35.6M, Series C)
Decentralized Internet of Things stack
[Minicorn] Everledger (2015, London, $120k, Seed)
Preventing diamond fraud and theft
[Editor's Pick] Vala (2015, Tel Aviv, Funded)
Money transfer using marketplace of remitters.
Blockchain Notable Portfolio
[Unicorn] Uber (2009, San Francisco, $12B, Series H)
Mobile app that connects passengers with vehicle drivers for hire
[Unicorn] Twilio (2007, San Francisco, $240M, Public)
Cloud Communications API provider
[Soonicorn] Remitly (2011, Seattle, $215M, Series D)
Cross-border money transfer using banking networks.
[Soonicorn] ClassPass (2011, New York City, $154M, Series C)
Membership programs for fitness classes across multiple gyms
[Soonicorn] DataRobot (2012, Boston, $125M, Series C)
Automated machine learning platform for data science applications
[Soonicorn] DigitalOcean (2011, New York City, $124M, Series
B)
SSD cloud hosting
[Soonicorn] Placester (2008, Cambridge, $101M, Series D)
Real Estate Marketing platform
[Soonicorn] Sphero (2010, Boulder, $95.5M, Series D)
Smartphone controlled robotic gaming toy for kids
[Soonicorn] PillPack (2013, Boston, $93.9M, Series D)
Periodic delivery of Medications - Subscription based
[Soonicorn] SendGrid (2009, Boulder, $80.5M, Public)
Email delivery and analytics
Other Notable Portfolio
Top Exits
Recent News on Fund & Portfolio
Brad Feld
Co-Founder
David Brown
Co-Founder and co-
CEO
David Cohen
Founder and co-CEO
Geographical Spread Stage of Entry
Dec 2017
Chef’n owner Filament Brands sold in $313 million deal ,
The Business Journals
Dec 2017
The Sun Exchange funds solar installations with micro-
investments and bitcoin, TechCrunch
Nov 2017
Veridium Brings Biometric Security to Unbanked
Populations Through Zero-Fee Financial Services from
Wala, Business Wire
Oct 2017
SA’s The Sun Exchange expands internationally with
Dubai initiative, Disrupt Africa
Oct 2017
How SA's Wala is bridging the gap between consumers
and banks, Disrupt Africa
Oct 2017 Blockchain-based solar start-up gets R23m boost, ITWeb
Oct 2017
Blockchain Startup Sun Exchange Raises $1.6 Million in
New Seed Funding - CoinDesk, CoinDesk
Oct 2017
M-vendr to accept Wala digital currency at mPOS,
Finextra
Sep 2017
SA’s The Sun Exchange crowdfunds solar at Knysna
Elephant Park, Disrupt Africa
None
1
3 1
1
2013 2014 2015 2016 2017 2018
Follow On New Investments
6
-
-
1
4
Undisclosed
Series C+
Series B
Series A
Seed3
3
2
2
1
US
Europe
South Africa
Israel
Ghana
140. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Barclays Accelerator
140
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Barclays Accelerator
141. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Kickstart Accelerator
141
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Kickstart Accelerator
142. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Alchemist Accelerator
142
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Alchemist Accelerator
143. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
SparkLabs
143
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > SparkLabs
144. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Amplify
144
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Amplify
145. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Axel Springer Plug and Play Accelerator
145
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Axel Springer Plug and Play Accelerator
146. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Ben Franklin Technology Partners
146
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Ben Franklin Technology Partners
147. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Block Chain Space
147
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Block Chain Space
148. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Capital Innovators
148
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Capital Innovators
149. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Digital Currency Group
149
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Digital Currency Group
150. Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Pantera Capital
150
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Pantera Capital