Blockdaemon is a leading blockchain infrastructure company headquartered in Los Angeles, United States. Founded in 2017 by Konstantin Richter and Arunram Kalaiselvan, the company specializes in blockchain-based node deployment and management solutions.
Company Overview
- Founded: 2017
- Headquarters: Los Angeles, United States
- Latest Valuation: $3.25B (as of January 26, 2022)
- Total Funding: $468M over 11 rounds
- Key Investors: Tiger Global Management, Comcast Ventures, Lerer Hippeau, Goldman Sachs, and others
👉 Discover how Blockdaemon is revolutionizing blockchain infrastructure
Core Business Services
Blockdaemon provides cloud-based infrastructure for deploying and managing distributed ledger blockchain nodes. Their technology enables businesses to:
- Run private and public blockchains
- Build multichain and multi-cloud networks
- Streamline blockchain deployment and management
Key Metrics
- Active Competitors: 1898
- Funded Competitors: 271
- Exited Competitors: 37
Recent Funding Rounds
| Date | Amount | Round | Investors |
|---|---|---|---|
| Aug 28, 2022 | $28M | Series C | Greenspring Associates, BlockFi, Uphold, Voyager, Goldman Sachs |
| Aug 1, 2022 | $33.1M | Series C | Undisclosed |
| Apr 16, 2022 | Undisclosed | Series C | Citi Ventures, Telstra Ventures, Salesforce Ventures |
👉 Learn more about Blockdaemon’s funding history
Top Competitors
Blockdaemon faces competition from major players in the blockchain and cryptocurrency space. Below are the top competitors ranked by Tracxn score:
| Rank | Company | Description | Funding | Tracxn Score |
|---|---|---|---|---|
| 1 | Uphold | Cross-border crypto wallet & exchange | $73.4M | 80/100 |
| 2 | Consensys | Blockchain & Web3 developer platform | $725M | 79/100 |
| 3 | Luno | Crypto wallet & investment platform | $13M | 78/100 |
| 4 | BlockFi | Crypto trading & lending platform | $466M | 73/100 |
| 5 | BitGo | Crypto custody & financial services | $170M | 72/100 |
Investments and Acquisitions
Blockdaemon has actively invested in and acquired companies to expand its ecosystem, including:
- Investments: Alluvial, Hypernative
- Acquisitions: Expand.network, Sepior
FAQs
Q1: What does Blockdaemon specialize in?
A1: Blockdaemon provides blockchain node deployment and management infrastructure, enabling businesses to operate private and public blockchains efficiently.
Q2: How much funding has Blockdaemon raised?
A2: The company has raised $468M across 11 funding rounds, with notable investors like Goldman Sachs and Tiger Global Management.
Q3: Who are Blockdaemon’s top competitors?
A3: Key competitors include Uphold, Consensys, Luno, and BlockFi, each offering unique blockchain and crypto services.
Q4: What is Blockdaemon’s valuation?
A4: As of January 2022, Blockdaemon’s valuation stands at $3.25B.
Q5: Has Blockdaemon acquired other companies?
A5: Yes, Blockdaemon has acquired four companies, including Expand.network and Sepior.
Blockdaemon continues to lead the blockchain infrastructure space with innovative solutions and strategic growth. Stay updated with their latest developments!