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JANUARY 2018
BLOCKCHAIN
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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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
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 OfferingsFeed in Numbers
Overview
$1.7BFunding
5Mega Companies
3331351FundedCovered on
Tracxn
-Unicorns
12Soonicorns
48Minicorns
5IPO’d Cos
69Late Stage Cos
8
-Acquisitions
42DeadPooled
12Acquihired
Series A+ CosQuoine
(2014, Singapore, $22M)
Bitfury(2012, San Francisco, $95M)
Ripple(2012, San Francisco, $90.5M)
Top Companies
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Investment Trend SummarySummary of Funding Activity in Blockchain
5
$107M - Series AR3 (2013, New York City, $107M)
$52.8M - Series CBlockstack (2013, New York City, $89M)
$60M - Series DCircle (2013, Boston, $136M)
$42.5M - Series BBitGo (2013, San Francisco, $55M)
$60M - Series BDigital Asset Holdings (2014, New York City,
$110M)
$40M - Series BDigital Asset Holdings (2014, New York City,
$110M)
$55M - Series ABlockstream (2014, San Francisco, $101M)
$30.5M - Series C4New (2017, London, $56M)
$55M - Series BRipple (2012, San Francisco, $91M)
$30M - Series CBitfury (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 InvestorsDigital Currency Group (#53), Pantera Capital (#13),
Startupbootcamp (#13)
Debt Investors Silicon Valley Bank (#1)
Most Active InvestorsRecent Investments
91
267302
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FINANCIAL SERVICES
TradingDigital 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
PaymentsCircle (2013, Boston, $136M)
Trade FinanceNeufund (2016, Berlin, $2.13M)
Risk ManagementBitGo (2013, San Francisco, $12M)
TECHNOLOGY
Side ChainBlockstream (2014, San Francisco, $76M)
Application Development PlatformsBitfury (2012, San Francisco, $95M)
Smart ContractsMirror (2011, New York City, $12.8M)
Service ProvidersR3 (2013, New York City, $107M)
CONSUMER
Prediction MarketsAugur (2014, San Francisco, $5.1M)
Gaming PlatformFirstBlood Technologies (2016, Boston, $5.5M)
ENTERPRISE
Internet of ThingsFilament (2012, Reno, $35.56M)
Distributed StorageKeybase (2013, New York City, $10.8M)
$538M
$108M $250M
Blockchain > Feed Summary > BlueBox
Cumulative funding in the market
6
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 >
P2P67 $89.2M 9
Financial Services > Payments > Money
Transfer >
B2B21 $88.8M 7
Consumer >
Energy 24 $63.4M 7
Enterprise >
Distributed Storage 21 $18M 6
Sub Sectors# Cos
Tracked#
FundedTotal
Funding
Financial ServicesCompanies that offer blockchain-enabled financial services
457 137 $790M
TechnologyCompanies enabling blockchain technology implementation
315 68 $538M
EnterpriseCompanies that provide enterprise applications through a blockchain
339 84 $250M
ConsumerCompanies that provide marketplaces powered by blockchain
222 39 $108M
DAOCompanies that are run as decentralised autonomous organizations with the assistance...
14 4 $1.7M
Blockchain > Feed Summary > Summary of Key Markets
7
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 transfersSoonicorn. 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 servicesStage: Public
Trading
Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on BlockchainSoonicorn. Stage: Series C
Australian Securities Exchange, ABN AMRO Bank, Accenture and 14 Other Investors
itBit (2012, Tower, $28.3M)Provider of Trading & Settlement platformsSoonicorn. Stage: Series A
RRE Ventures, Liberty City Ventures, Canaan Partners and 3 Other Investors
PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platformSoonicorn. Stage: Series A
Overstock, Mosaik Partners, Blockchain Capital and 3 Other Investors
Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platformSoonicorn. Stage: Series A
JAFCO
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 logisticsStage: Public
Technology
Technology
Blockchain Industries (2012, Brandenburg)Platform solutions for public and private blockchainsStage: Public
Immudyne, Realise Capital Partners
Smart Contracts
Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platformSoonicorn. Stage: Series A
Medici Ventures, Hundsun, Atlantic Merchant Capital Investors and 8 Other Investors
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 innovationSoonicorn. 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 hardwareSoonicorn. Stage: Series C
Credit China Holdings, Investment Fund, Itech Capital and 6 Other Investors
Chain (2014, San Francisco, $43.7M)Designing blockchain applications for organizationsSoonicorn. Stage: Series B
Citi Ventures, Fiserv, Nasdaq and 21 Other Investors
BTL (2011, Vancouver)Blockchain based development platforms for businessesMinicorn. Stage: Public
Vela Technologies, Level39
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 2018Qtum Foundation, Trusted IoT Alliance, and Chronicled, Inc. to Develop Secure IoT Use Cases, PR Newswire
Jan 2018Plug 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 2017AIM Listed TechFinancials Plans Blockchain Based Diamond Exchange with Cedex Purchase, Crowdfund Insider
Dec 2017NuCypher raises $4.3m in presale to bring private data to public blockchains, CoinReport
Dec 2017WINGS Foundation Announces Strategic Engagement with Aurora Labs to Bring Qualified ICOs to its Decentralized Exchange, GlobeNewswire
Dec 2017WINGS Announces Beta Testnet Launch to Evaluate ICOs with Crowdsourced Due Diligence, GlobeNewswire
Dec 2017Global Yellow Pages acquires 50.11% stake in property investment online platform FundPlaces for $2 mil, theedgesingapore.com
Dec 2017Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Segwit2X, PR Newswire
Dec 2017Cryptocurrency Platform Dash Appoints Former American Express Senior Manager Bradley Zastrow As New Director of Global Business Development, Crowdfund Insider
Dec 2017Waves Announces New Blockchain Investment Fund, Finance Magnates
Key Recent News Key Recent News
Dec 2017trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders, PR Newswire
Dec 2017World’s Leading Crypto Exchange Binance Partners With Uplive -Asia’s Premier Live Video Platform, Business Wire
Dec 2017Ties.Network Announces Strategic Partnership With Tidex Exchange, Lists TIE Token, Jersey City Breaking News
Dec 2017Siemens, LO3 Seek to Expand Collaboration on Energy Tech Projects; Ralf Christian Comments, ExecutiveBiz
Dec 2017EasyJet chooses Covesting to educate their flyers on crypto, Financial News
Dec 2017Ripple’s Value Rises 20 Percent Post-Japanese Credit Card Partnership, PYMNTS
Dec 2017TechFinancials Agrees Share Purchase Deal For Diamond Blockchain Firm, Morningstar
Dec 2017Internxt 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 2017SBI Ripple Asia Forms Credit Card Industry Consortium in Japan , Finance Magnates
Dec 2017Rivetz Joins Trusted IoT Alliance to Collaborate on Blockchain-
Based IoT Solutions, PR Newswire
Dec 2017Blockchain Finance App Change Integrates Kyber Network, BlockTribune
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
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MarketingTechDec 2017
Sales Force AutomationDec 2017
Consumer HealthTechDec 2017
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 ($M) and number of rounds in Blockchain; 2011-2017
Global Funding Trends (1/2)
15
Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies
*YTD
Blockchain > Investment Trends > Global Funding Trends
# R
ou
nd
s$
Fu
nd
ing
207% $ Funding
65% $ Funding
80% # of Rounds
13% # of Rounds
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
$0K0
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
19 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 $1.7M
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201817
Blockchain > Investment Trends > Funding Trends by Geography
Investments ($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
$4.8M
US
Europe
SEA
Israel
Japan
Canada
Australia
Latam
Note: Excludes funding information of China companies
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201818
Trend of Average Deal Size ($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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Stage No. of CompaniesFunding 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
ExitsAcqui-Hired
DeadPooled
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
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 2016Circle (2013, Boston, $136M)Digital currency wallet for global money transfers
Baidu, CICC, China Everbright, Wanxiang America, CreditEase
$52.8M - Series C Dec 2017Blockstack (2013, New York City, $88.6M)Blockchain based identity management
$30.5M - Series C Dec 20174New (2017, London, $55.5M)Waste to Energy Blockchain Solution
Mirach Capital Group
$30M - Series C Jan 2017Bitfury (2012, San Francisco, $95M)Provider for Bitcoin mining hardware
Credit China Holdings
LATE STAGE
$15M - Series C Mar 2017Filament (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 2016Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on Blockchain
EARLY STAGE
$107M - Series A May 2017R3 (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 2016Digital 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 2016Ripple (2012, San Francisco, $90.5M)Open source payment protocol for cross border money transfer.
Standard Chartered, SBI Holdings, Digital Ventures
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 2016Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovation
Horizons Ventures, Digital Garage, Seven Seas Partners
$42.5M - Series B Dec 2017BitGo (2013, San Francisco, $54.5M)Multi-signature security for cryptocurrency payments
Valor Equity Partners, DRW Trading Group
$40M - Series B Oct 2017Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on Blockchain
$25M - Series B Nov 2017Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovation
G Lab
EARLY STAGE
$25M - Series B Aug 2017Blockstack (2013, New York City, $88.6M)Blockchain based identity management
OpenOcean, Rising Tide, Compound, Version One Ventures
$25M - Series B Oct 20174New (2017, London, $55.5M)Waste to Energy Blockchain Solution
$24M - Series B Mar 2017Veem (2014, San Francisco, $40M)B2B payment platform.
SBI Holdings, National Australia Bank, GV
$22M - Series B Oct 2017AION (2017, Toronto, $22M)Inter-blockchain operability network
Nuco
$20M - Series A Jun 2016Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platform
JAFCO
EARLY STAGE
$18M - Series A Dec 2016Axoni (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 2016TradeBlock (2013, New York City, $20.7M)Online cryptocurrency data and research
$16M - Series B Oct 2017Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoin
HCM International
$15M - Series B Sep 2017Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operator
JAFCO
$9.5M - Series B Dec 2016Filament (2012, Reno, $35.6M)Decentralized Internet of Things stack
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 2016Gem (2014, Venice, $10.4M)Platform to develop blockchain applications
Pelion Venture Partners, Blockchain Capital, Digital Currency Group
$7M - Series A May 2017PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platform
$7M - Series A Jan 2016Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform
$6.2M - Series A May 2016Tech 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 2016Wyre (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 2017Coins.ph (2013, Manila, $10M)Bitcoin wallet for transactions in Philippines
Naspers
$5M - Series A Oct 2016Coins.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 2016Elliptic (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 2016Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data
Draper Associates, PropertyInfo
$2.7M - Series A Apr 2017Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data
Peeli Ventures, Harvest Partners
$2.5M - Series A Jan 2017BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.
Draper Associates, Greycroft Partners, BnkToTheFuture, Zephyr Management, Colle Capital
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 2016Billon Cash (2015, Warsaw, $5M)Digital fiat currency solution provider
$1.9M - Series A Jan 2016Uphold (2014, San Francisco, $15.5M)Multiple currency reserve and exchange platform.
$750k - Series A Feb 2017Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise data
Series B Jan 2017Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoin
IGNIA
Series A May 2016Axoni (2016, New York City, $20M)Blockchain solutions for capital markets
Citigroup
Series A Aug 2017BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.
EARLY STAGE
Series A Feb 2016BitPesa (2013, Nairobi, $10M)Bitcoin based remittance service provider.
Bitfury
Series A Jul 2017Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform
Medici Ventures
Series A May 2017Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platform
Hundsun
Series A Jun 2017Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.
INET, UAE Exchange
SEED STAGE
$3.4M - Seed Mar 2016Chronicled (2014, San Francisco, $5.3M)Product authentication on blockchain
$3M - Seed Dec 2016OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplace
IPFS
$2M - Seed Mar 2017Slock.it (2015, Mittweida, $2M)Block chain based IoT smart contract solution
$1.7M - Seed May 2016Hijro (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 2016Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.
Hayaat Group
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 2016Mediachain (2015, New York City, $1.5M)Digital media association on blockchain.
RRE Ventures, Andreessen Horowitz, Union Square Ventures
$1.2M - Seed Apr 2017Bext360 (2016, Denver, $1.2M)End-to-end coffee supply chain management using artificial intelligence and blockchain
$890k - Seed Mar 2016Bitwala (2013, Utrecht, $890k)Bill payment via bitcoins
Digital Currency Group, KfW Bankengruppe, High-Tech Grunderfonds
$200k - Seed Jun 2017OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplace
Digital Currency Group
SEED STAGE
Seed Jun 2016Everledger (2015, London, $120k)Preventing diamond fraud and theft
MasterCard Start Path
Seed Dec 2016Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technology
Deloitte
Seed Jul 2016Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technology
Seed Feb 2016Skuchain (2014, San Francisco)Blockchain based solution for B2B commerce
Digital Currency Group, Amino Capital, Fenbushi Capital
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 2016JUZHEN (2014, Shanghai, $22.5M)Blockchain technology provides for financial
institutions
Wanxiang Group Corporation
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 CapitalFilament
1
Fenway Summer VenturesCircle
2
IDG Capital PartnersCircle
3
Intel CapitalFilament
4
JetBlue Technology VenturesFilament
5
Oak Investment PartnersCircle
6
Radicle Impact PartnerseCM
7
Resonant Venture PartnersFilament
8
Samsung NEXTFilament
9
Tappan Hill VenturesFilament
10
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
ABBALabCOMSA
8
AmplifyGem
9
Axel Springer Plug and Play AcceleratorCoyno
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 BankVeem
1
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)
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)
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)
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
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
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
3D PrintingDec 2017
Consumer RoboticsNov 2017
Industrial Internet of ThingsNov 2017
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
December 2017Tracxn BlueBox – Blockchain
35
Blockchain > Market Details > BlueBox
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#
FundedTotal
Funding
Financial ServicesCompanies that offer blockchain-enabled financial services
Cryex (2013, Stockholm, Acquired)Circle (2013, Boston, $136M)
457 137 $790M
TechnologyCompanies enabling blockchain technology implementation
Hyperledger Project (2014, San Francisco, Acquired)R3 (2013, New York City, $107M)
315 68 $538M
EnterpriseCompanies that provide enterprise applications through a blockchain
Mediachain (2015, New York City, Acquired)Blockstack (2013, New York City, $88.6M)
339 84 $250M
ConsumerCompanies that provide marketplaces powered by blockchain
4New (2017, London, $55.5M)Keybase (2013, New York City, $10.8M)
222 39 $108M
DAOCompanies 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
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
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
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
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
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Rank MarketLast 2 Years
$ Invested # Round Top Funded Company
1(+2)
Financial Services > Trading > Capital MarketsCompanies 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 PlatformCompanies 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 ProvidersCompanies 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 IdentityCompanies 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 > P2PCompanies 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 > B2BCompanies 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 > EnergyCompanies 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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201845
Top Markets of Early Stage InvestorsBlockchain > Market Details > Top Markets of Early Stage Investors
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Rank MarketLast 2 Years
# of Comp Founded $ Invested # Round Top Funded Company
1Financial Services > Payments > Money TransferCompanies 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)
2Consumer > P2P CommerceCompanies 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)
3Financial Services > Investments > Investment FundCompanies 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)
4Enterprise > Supply ChainCompanies 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)
5Financial Services > BankingCompanies 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)
6Enterprise > 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)
7Consumer > Digital ContentCompanies 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
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
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 BDigital Asset Holdings (2014, New
York City, $110M)
AngelCobalt (2015, London)
$1.7M - SeedOpenLedger (2015, Hune, $1.7M)
$11.4M - Series BLedgerX (2014, New York City, $16.4M)
$7M - Series APeerNova (2013, San Jose, $26.6M)
$18M - Series AAxoni (2016, New York City, $20M)
Series ALedgerX (2014, New York City, $16.4M)
SeedCobalt (2015, London)
SeedSetl (2015, London)
Series AOTC Exchange Network (OTCXN)
(2016, San Francisco)
$1.5M - SeedCrypto Facilities (2014, London,
$1.5M)
Oct 2017Swedish bitcoin exchange Safello acquires blockchain firm Cryex, Tech.eu
Oct 2017Blockchain Innovation Lab Partners with Philippine University, chain-finance.com
Oct 2017Cobalt 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 2017SETL launches blockchain platform for European fund record-keeping, SiliconAngle
Aug 2017Smartcontract.com Unveils Chainlink Plans: Adds To Advisory Board, Financial IT
Aug 2017 Joseph Ratterman Joins Axoni's Board of Directors, Citybizlist
Aug 2017Bats 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 2017Euroclear and Paxos End Blockchain Gold Settlement Partnership, Inside Bitcoins
Jul 2017LedgerX becomes first federally supervised options venue for bitcoin, Automated Trader
Jul 2017 ChainLink Announces v1.0, Chain-Finance
Jun 2017BankChain 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
CompaniesCovered
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201849
Financial Services > Trading > Capital Markets: Top Companies
Market: Capital MarketsBlockchain > 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 BlockchainSoonicorn. Stage: Series C
Australian Securities Exchange, ABN AMRO Bank, Accenture and 14 Other Investors
itBit (2012, Tower, $28.3M)Provider of Trading & Settlement platformsSoonicorn. Stage: Series A
RRE Ventures, Liberty City Ventures, Canaan Partners and 3 Other Investors
PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platformSoonicorn. Stage: Series A
Overstock, Mosaik Partners, Blockchain Capital and 3 Other Investors
Axoni (2016, New York City, $20M)Blockchain solutions for capital marketsMinicorn. 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 solutionMinicorn. Stage: Seed
Plug and Play Tech Center
Analyst’s Pick
Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technologyMinicorn. Stage: Seed
Deloitte
SmartContracts (2014, New York City)Blockchain based contractual agreementsEditor's Pick. Stage: Seed
Data Collective, Underscore VC, BlockVentures Capital
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 - 2011IPO'd on CVE
SeedIOTA (2015, Drammen)
$14.5M - Series BColu (2014, Tel Aviv, $26.6M)
$1.2M - Series AStratumn (2015, Paris, $9.7M)
$22M - Series BAION (2017, Toronto, $22M)
$15M - Series BTech bureau Lab (2015, Osaka,
$25.8M)
$817k - AngelArabianChain (2016, Dubai, $817k)
$7.9M - Series AStratumn (2015, Paris, $9.7M)
$2.7M - Series AFactom (2014, Austin, $10.7M)
$750k - Series AFactom (2014, Austin, $10.7M)
$30M - Series CBitfury (2012, San Francisco, $95M)
SeedSettlemint (2016, Brussels)
Dec 2017Synereo Integrates Changelly’s API, Allows Users to Purchase AMPs Using Any Currency, Coinspeaker
Dec 2017GEM Bags Bulk Raw Material Supply Deal With Chinese Lithium Battery Maker, Yicai Global
Dec 2017GM Financial Joins Hyperledger to Test Blockchain, Auto Finance News
Dec 2017Vela Technologies Nets CAD175,000 From Further BTL Stake Sale, Morningstar
Dec 2017Petroteq Energy Subsidiary, Petrobloq, Announces Membership in Hyperledger , NewMediaWire
Dec 2017New Chain Platform Ivy Brings Smart Contracts to Bitcoin, profitmaker.tips
Dec 2017Blockchain Firms Team with Aion to Expand Interoperability on Global Scale, BlockTribune
Dec 2017Ethereum'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 2017Hut 8 Partners with the Bitfury Group to Establish North America’s Largest Bitcoin Datacenters, Business Wire
Dec 2017BTL Group: A First-Mover In Blockchain Technology, Seeking Alpha
Nov 2017Vela 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
CompaniesCovered
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
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 hardwareSoonicorn. Stage: Series C
Credit China Holdings, Investment Fund, Itech Capital and 6 Other Investors
Chain (2014, San Francisco, $43.7M)Designing blockchain applications for organizationsSoonicorn. Stage: Series B
Citi Ventures, Fiserv, Nasdaq and 21 Other Investors
Colu (2014, Tel Aviv, $26.6M)Bitcoin based asset issuance and management platformEditor'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 operatorMinicorn. Stage: Series B
JAFCO, Infoteria, Arara and 5 Other Investors
Analyst’s Pick
AION (2017, Toronto, $22M)Inter-blockchain operability networkEditor's Pick. Stage: Series B
Nuco
Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise dataMinicorn. Stage: Series A
Peeli Ventures, Harvest Partners, Bill & Melinda Gates Foundation and 10 Other Investors
Gem (2014, Venice, $10.4M)Platform to develop blockchain applicationsMinicorn. Stage: Series A
Pelion Venture Partners, KEC Ventures, Blockchain Capital and 14 Other Investors
BlockCypher (2013, Redwood City, $3.5M)Cloud-optimized full blockchain nodesMinicorn. 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 platformMinicorn. Stage: Seed
Liberty City Ventures, Red Sea Ventures, Red Swan Ventures, Raptor Group
BTL (2011, Vancouver)Blockchain based development platforms for businessesMinicorn. 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 chainsEditor's Pick. Stage: Unfunded
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 NetworkEditor'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 enterprisesEditor's Pick. Stage: Funded
Asimov Ventures
KrypC Technologies (2016, Bangalore)Full stack Blockchain solutionEditor's Pick. Stage: Unfunded
Settlemint (2016, Brussels)Blockchain middleware development solutionsEditor's Pick. Stage: Seed
Overstock
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 APrasos (2012, Jyvaskyla, $2.8M)
$500k - SeedMobius (2017, San Francisco, $500k)
SeedWallet. Services (2016, Edinburgh)
$589k - SeedOraclize (2015, London, $589k)
SeedLuther Systems (2015, London)
$2.2M - SeedIntellectEU (2003, Jersey City, $2.2M)
$107M - Series AR3 (2013, New York City, $107M)
$2M - SeedCambridge Blockchain (2015,
Cambridge, $2M)
$17.5M - Series BTradeBlock (2013, New York City,
$20.7M)
SeedSettleMint (2016, Antwerp)
SeedCambridge Blockchain (2015,
Cambridge, $2M)
Dec 2017Primechain Adds Another Blockchain X-Border Payments Tool To India, FinTechnewsToday
Dec 2017Update: 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 2017ConsenSys Ventures has made its first four investments, TechCrunch
Nov 2017Decentral Inc. Appoints Addison Cameron-Huff as President, Marketwired
Nov 2017Ethereum studio ConsenSys opens European Hub in London, International Business Times
Nov 2017 MAS, R3 test blockchain in payments, The Business Times
Nov 2017SIA and R3 Partner to Accelerate the Adoption of Blockchain Applications by 600 Banks and Corporates, Business Wire
Oct 2017Top banks and R3 build blockchain-based payments system, Reuters
Oct 2017Civil Announces $5 Million In Funding From ConsenSys, PR Newswire
Oct 2017 Former Strate CEO becomes blockchain ambassador, ITWeb
Oct 2017Court Dismisses $1 Billion R3 Lawsuit Against Ripple, CryptoCoinsNews
Oct 2017Accuity 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
CompaniesCovered
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201854
Technology > Service Providers: Top Companies
Market: Service ProvidersBlockchain > 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 technologyEditor'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 systemsEditor's Pick. Stage: Unfunded
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201856
Market: Distributed IdentityBlockchain > Market Details > Market: Distributed Identity
#4 Top Markets of Investment Activity
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
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
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201861
Market: B2BBlockchain > Market Details > Market: B2B
#6 Top Markets of Investment Activity
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201864
Market: Distributed StorageBlockchain > Market Details > Market: Distributed Storage
#8 Top Markets of Investment Activity
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201866
Market: Digital Rights ManagementBlockchain > Market Details > Market: Digital Rights Management
#9 Top Markets of Investment Activity
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201868
Market: SecurityBlockchain > Market Details > Market: Security
#10 Top Markets of Investment Activity
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201870
Market: SidechainBlockchain > Market Details > Market: Sidechain
#11 Top Markets of Investment Activity
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201872
Market: Internet Of ThingsBlockchain > Market Details > Market: Internet Of Things
#12 Top Markets of Investment Activity
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201874
Market: Investment FundBlockchain > Market Details > Market: Investment Fund
#3 Top Markets of Early Stage Investors
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201876
Market: TradingBlockchain > Market Details > Market: Trading
#4 Top Markets of Early Stage Investors
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201878
Market: Money TransferBlockchain > Market Details > Market: Money Transfer
#1 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201880
Market: P2P CommerceBlockchain > Market Details > Market: P2P Commerce
#2 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201882
Market: Supply ChainBlockchain > Market Details > Market: Supply Chain
#4 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201884
Market: BankingBlockchain > Market Details > Market: Banking
#5 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201886
Market: DocumentsBlockchain > Market Details > Market: Documents
#6 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201888
Market: Digital ContentBlockchain > Market Details > Market: Digital Content
#7 Other Notable Markets
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 201890
Market: Record KeepingBlockchain > Market Details > Market: Record Keeping
#8 Other Notable Markets
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
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MarketingTechDec 2017
Sales Force AutomationDec 2017
Consumer HealthTechDec 2017
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-16Elevence Digital Finance Acq by Digital Asset Holdings
Feb-16 XAPCASH Technologies Acq by BTL
Oct-15Blockstack Acq by Digital Asset Holdings
Jun-15Blockchain Technologies Corp Acq by Global Arena Holding
Jun-15Hyperledger Project Acq by Digital Asset Holdings
Jun-15Bits 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
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
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
3D PrintingDec 2017
Consumer RoboticsNov 2017
Industrial Internet of ThingsNov 2017
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
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 ShenFounder
Geographical Spread Stage of Entry
Dec 2017 Circle's CENTRE Raises $20 Million in SAFT Sale, CoinDesk
Nov 2017Circle to Launch Cryptocurrency Investment App in 2018 , CoinDesk
Oct 2017Circle Acquires Trigger Finance To Help Deliver Investment Products For Crypto Assets, Inside Bitcoins
Oct 2017Circle enables US Instant withdrawals for cross-border bank transfers, Finextra
Oct 2017Circle Announces Open Source Project Centre And Foundation, Coinspeaker
Oct 2017Circle Is Building a Master Mobile Payments Network on Ethereum, CoinDesk
Sep 2017Circle pushes OTC crypto trading, launches in France and Italy and adds group payments, International Business Times
Jun 2017Circle Launches Free Cross-Border Mobile Payments Based on Blockchain, Crowdfund Insider
Dec 2016Circle unveils Spark; pivots away from direct bitcoin transacting o..., Finextra
Dec 2016Circle Cedes Bitcoin Trading to Coinbase, Expands Messaging Functions, Bank Innovation
None
1 1
8
1
2013 2014 2015 2016 2017 2018
Follow On New Investments10
-
-
1
11
Undisclosed
Series C+
Series B
Series A
Seed15
4
1
1
1
US
Europe
South Korea
SEA
Latam
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 StephensCo-Founder & Managing Partner
Brock PierceCo-Founder
P Bart StephensCo-Founder & Managing Partner
Geographical Spread Stage of Entry
Dec 2017Ripple’s Value Rises 20 Percent Post-Japanese Credit Card Partnership, PYMNTS
Dec 2017SBI Ripple Asia Forms Credit Card Industry Consortium in Japan , Finance Magnates
Dec 2017Ripple 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 2017Ripple Launches Infrastructure Innovation Initiative, Financial IT
Dec 2017Ripple Overtakes Bitcoin Cash to Become the Third Largest Cryptocurrency, ccn.com
Nov 2017BitLicense Architect Ben Lawsky Joins Ripple Board, CoinDesk
Nov 2017Ripple Secures Two Veterans to Steer its Cross-Border Payments Ambitions , Finance Magnates
Oct 2017Court Dismisses $1 Billion R3 Lawsuit Against Ripple, CryptoCoinsNews
Oct 2017Ripple entices banks with new accelerator programme, BankingTechnology
None
1 12
5
5
1
2013 2014 2015 2016 2017 2018
Follow On New Investments9
-
-
5
9
Undisclosed
Series C+
Series B
Series A
Seed18
3
1
1
-
US
Europe
Kenya
Israel
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 SeibelCEO
Geographical Spread Stage of Entry
Dec 2017Blockstack raises $52 million to build a parallel internet where you own all your data, VentureBeat
Oct 2017Next Up on CoinList is Blockstack Initial Coin Offering, Crowdfund Insider
Sep 2017$257 Million: Filecoin Breaks All-Time Record for ICO Funding, CoinDesk
Aug 2017Dharma wants to let anyone borrow a small amount of cryptocurrency, Techtidda
Aug 2017The Filecoin ICO Has Raised Over $200 Million. How Much Higher Can it Go?, Crowdfund Insider
Aug 2017Filecoin laments shutting out crypto supporters to meet SEC regulations, International Business Times
Apr 2017Blockstack's Ryan Shea: Segwit is More Than Malleability Fixes & Scaling, CryptoCoinsNews
Oct 2016Introducing The Winklevoss Capital Syndicate On AngelList, Winklevoss Capital
None
6
21
2013 2014 2015 2016 2017 2018
Follow On New Investments-
-
-
1
8
Undisclosed
Series C+
Series B
Series A
Seed8
1
-
-
-
US
Europe
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Liberty City Ventures
101
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Liberty City Ventures
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Union Square Ventures
102
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Union Square Ventures
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
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
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
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
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Fenway Summer Ventures
109
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Fenway Summer Ventures
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
GV
110
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > GV
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
BoxGroup
111
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > BoxGroup
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Blockchain Capital
112
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Blockchain Capital
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Santander InnoVentures
115
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Santander InnoVentures
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Draper Associates
116
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Draper Associates
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Liberty City Ventures
117
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Liberty City Ventures
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
SV Angel
119
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > SV Angel
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
JAFCO
121
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > JAFCO
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Union Square Ventures
122
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Union Square Ventures
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
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Crosslink Capital
126
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Crosslink Capital
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
IDG Capital Partners
127
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > IDG Capital Partners
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Fenway Summer Ventures
129
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Fenway Summer Ventures
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Oak Investment Partners
130
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Oak Investment Partners
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Resonant Venture Partners
132
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Resonant Venture Partners
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Samsung NEXT
133
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Samsung NEXT
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Tappan Hill Ventures
134
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Tappan Hill Ventures
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
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
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 DraperFounder & MD
Brayton WilliamsFounder & Partner
Geographical Spread Stage of Entry
Nov 2017Veem opens up global payments platform to developers with new API, Tech Innovations News
Nov 2017Bitcoin Wallet App Abra Announces Ethereum Integration, CoinDesk
Oct 2017 Abra hauls in $16 mln Series B, PE Hub
Sep 2017San Francisco fintech Veem teams up with Xero accounting app, The Business Journals
Aug 2017Accounting Firm Acuity Partners with Veem Global Payments, PRWeb
Aug 2017BlockCypher Named a 2017 Gartner Cool Vendor in Blockchain, PRWeb
Aug 2017Bitcoin Startup Abra Adds Gwyneth Paltrow As Advisor, Is Featured In Apple Reality TV Show, Forbes
Jul 2017American Express Integrates with Bitcoin Wallet Abra, Financial IT
Jul 2017Blockchain Payments Startup Veem Integrates With Intuit QuickBooks, Inside Bitcoins
None
211
2
6
2
3
2013 2014 2015 2016 2017 2018
Follow On New Investments13
-
-
2
12
Undisclosed
Series C+
Series B
Series A
Seed21
2
1
1
1
US
SEA
South Africa
Europe
Latam
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 McClureFounder, Partner
Geographical Spread Stage of Entry
Dec 2017New Chain Platform Ivy Brings Smart Contracts to Bitcoin, profitmaker.tips
Oct 2017Blockchain startup Chain revealed а cloud-based ledger service for managing balances, named Sequence., Coinspeaker
Aug 2017BlockCypher Named a 2017 Gartner Cool Vendor in Blockchain, PRWeb
Jun 2017Jeff 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 2017Blockchain startup Chain teams with Thales to bolster security, Reuters
Jun 2016How the blockchain infrastructure can make a major impact on the remittance industry, E27
May 2016Financial Operating Network Fluent Closes $1.65MM Seed Round, Business Wire
Nov 2015Fluent Featured on LetsTalkPayments.com – Hijro –Medium, Medium
None
2
4
3
1
2013 2014 2015 2016 2017 2018
Follow On New Investments2
-
-
1
9
Undisclosed
Series C+
Series B
Series A
Seed10
2
-
-
-
US
SEA
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 FeldCo-Founder
David BrownCo-Founder and co-CEO
David CohenFounder and co-CEO
Geographical Spread Stage of Entry
Dec 2017Chef’n owner Filament Brands sold in $313 million deal , The Business Journals
Dec 2017The Sun Exchange funds solar installations with micro-investments and bitcoin, TechCrunch
Nov 2017Veridium Brings Biometric Security to Unbanked Populations Through Zero-Fee Financial Services from Wala, Business Wire
Oct 2017SA’s The Sun Exchange expands internationally with Dubai initiative, Disrupt Africa
Oct 2017How 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 2017Blockchain Startup Sun Exchange Raises $1.6 Million in New Seed Funding - CoinDesk, CoinDesk
Oct 2017M-vendr to accept Wala digital currency at mPOS, Finextra
Sep 2017SA’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 Investments6
-
-
1
4
Undisclosed
Series C+
Series B
Series A
Seed3
3
2
2
1
US
Europe
South Africa
Israel
Ghana
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
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
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Alchemist Accelerator
142
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Alchemist Accelerator
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
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
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
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
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
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
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
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
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Startupbootcamp
151
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Startupbootcamp
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Plug and Play Tech Center
152
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Plug and Play Tech Center
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Coinsilium
153
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Coinsilium
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FundersClub
154
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > FundersClub
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Crypto Currency Partners
155
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Crypto Currency Partners
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
SBI Holdings
156
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > SBI Holdings
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
BnkToTheFuture
157
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > BnkToTheFuture
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
CME Group
158
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > CME Group
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Draper Associates
159
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Draper Associates
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
FinTech Innovation Lab
160
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > FinTech Innovation Lab
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Goldman Sachs
161
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Goldman Sachs
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
UK Government
162
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > UK Government
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Silicon Valley Bank
163
Portfolio in Blockchain | Exits | Funds Link | Website | LinkedIn | Twitter
Blockchain > Investors > Silicon Valley Bank
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trend
Key Markets
Exit Outlook
Investors
News
Appendix
164
Recent News
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
MarketingTechDec 2017
Sales Force AutomationDec 2017
Consumer HealthTechDec 2017
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Recent News in Blockchain Sector
Recent News (1/2)
166
Blockchain > News > Recent News
Jan 2018 MedChain Pre-ICO Funding to Launch, chain-finance.com
Jan 2018Qtum Foundation, Trusted IoT Alliance, and Chronicled, Inc. to Develop Secure IoT Use Cases, PR Newswire
Jan 2018Plug 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 2017AIM Listed TechFinancials Plans Blockchain Based Diamond Exchange with Cedex Purchase, Crowdfund Insider
Dec 2017NuCypher raises $4.3m in presale to bring private data to public blockchains, CoinReport
Dec 2017WINGS Foundation Announces Strategic Engagement with Aurora Labs to Bring Qualified ICOs to its Decentralized Exchange, GlobeNewswire
Dec 2017WINGS Announces Beta Testnet Launch to Evaluate ICOs with Crowdsourced Due Diligence, GlobeNewswire
Dec 2017Global Yellow Pages acquires 50.11% stake in property investment online platform FundPlaces for $2 mil, theedgesingapore.com
Dec 2017Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Segwit2X, PR Newswire
Dec 2017Cryptocurrency Platform Dash Appoints Former American Express Senior Manager Bradley Zastrow As New Director of Global Business Development, Crowdfund Insider
Dec 2017Waves Announces New Blockchain Investment Fund, Finance Magnates
Key Recent News Key Recent News
Dec 2017trade.io Partners with Bancor Protocol to Provide Continuous Liquidity to Token Holders, PR Newswire
Dec 2017World’s Leading Crypto Exchange Binance Partners With Uplive -Asia’s Premier Live Video Platform, Business Wire
Dec 2017Ties.Network Announces Strategic Partnership With Tidex Exchange, Lists TIE Token, Jersey City Breaking News
Dec 2017Siemens, LO3 Seek to Expand Collaboration on Energy Tech Projects; Ralf Christian Comments, ExecutiveBiz
Dec 2017EasyJet chooses Covesting to educate their flyers on crypto, Financial News
Dec 2017Ripple’s Value Rises 20 Percent Post-Japanese Credit Card Partnership, PYMNTS
Dec 2017TechFinancials Agrees Share Purchase Deal For Diamond Blockchain Firm, Morningstar
Dec 2017Internxt 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 2017SBI Ripple Asia Forms Credit Card Industry Consortium in Japan , Finance Magnates
Dec 2017Rivetz Joins Trusted IoT Alliance to Collaborate on Blockchain-
Based IoT Solutions, PR Newswire
Dec 2017Blockchain Finance App Change Integrates Kyber Network, BlockTribune
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Recent News in Blockchain Sector
Recent News (2/2)
167
Blockchain > News > Recent News
Dec 2017Chronicled Achieves 21 CFR Part 11 Certification for its Second-Generation Micro Temp-Logging Solution, Pharmacy Choice
Dec 2017oBike to launch own cryptocurrency that lets users pay for rides, earn as they ride , Channel NewsAsia
Dec 2017Synereo Integrates Changelly’s API, Allows Users to Purchase AMPs Using Any Currency, Coinspeaker
Dec 2017 Waves establishes presence in Amsterdam, Finextra
Dec 2017Tron Includes Senior Developer from Alibaba in the Team, Finance Magnates
Dec 2017NEM Blockchain to Power Snap Interactive's Backchannel Messenger App, BlockTribune
Dec 2017GEM Bags Bulk Raw Material Supply Deal With Chinese Lithium Battery Maker, Yicai Global
Dec 2017DNotes Global, Inc. Announces Partnership With Geneca for Blockchain Technology Development, Newswire
Dec 2017Monaco Expands Strategic Cooperation Agreement With Binance, PR Newswire
Dec 2017Can blockchain replace supermarkets? INS says yes, raises $43 million to prove it, VentureBeat
Dec 2017Blockchain-based content platform Narrative adds board advisor, Bankless Media Inc
Dec 2017Chef’n owner Filament Brands sold in $313 million deal , The Business Journals
Key Recent News Key Recent News
Dec 2017Overstock.com Subsidiary tZERO to Take 24% Interest in StockCross Financial, Business Wire
Dec 2017 Ripple making waves in the cryptocurrency market, Digital Journal
Dec 2017Mountain View Capital Announces Investment in Blockchain Company SONM , ePRNews
Dec 2017Blockchain Startup Moeco Wants to ‘Uberize’ IoT Connectivity, BlockTribune
Dec 2017Primechain Adds Another Blockchain X-Border Payments Tool To India, FinTechnewsToday
Dec 2017Gibraltar Blockchain Exchange and QUOINE Announce Strategic Partnership, PR Newswire
Dec 2017GM Financial Joins Hyperledger to Test Blockchain, Auto Finance News
Dec 2017MaidSafe Launches Community Engagement Programme to Accelerate SAFE Network Development and Awareness, RealWire
Dec 2017HIVE Blockchain Announces Major Expansion in Sweden, Including New Bitcoin Mining Facility, and Up to $115 Million Financing, bctechnology.com
Dec 2017Blockchain Incubator for Pre-ICO Projects Launched by Waves Platform, BlockTribune
Dec 2017 XRP now available on 50 exchanges worldwide, Finextra
Dec 2017Etherparty & RSK Partnership Fuels Future Adoption of Smart Contract Technology, PR Newswire
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Contents
Feed Summary
Investment Trend
Key Markets
Exit Outlook
Investors
News
Appendix
168
Explore more on Tracxn Platform
Index of Top companies by Market
Funded Deadpooled Companies
Some more Sector Reports you might want to check out
Join 4000+ people taking sharper decisions with Tracxn
3D PrintingDec 2017
Consumer RoboticsNov 2017
Industrial Internet of ThingsNov 2017
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Explore more on Tracxn Platform
170
Companies
Companies Covered
Unicorns
Public Companies
Acquired Companies
Funded Companies
Investment Trends
Recent Investments
Mega Investments
Investment Trend
Markets
BlueBox
Taxonomy
News
Key News
Recent News
Company Stage
Angel Funded
Seed Funded
Early Stage (Series A/B)
Late Stage (Series C+)
Acqui-hires
DeadPooled
Investors Acquirers
Unicorn Investors
Most Active Investors
Most Active VC &PE Investors
Portfolio of Top Investor
Most Active Acquirer
Blockchain > Appendix > Explore Sector on Tracxn Platform
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (1/17)
171
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Payments
Circle (2013, Boston, $136M)Digital currency wallet for global money transfersSoonicorn. 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
Veem (2014, San Francisco, $40M)B2B payment platform.Minicorn. Stage: Series B
KPCB, Silicon Valley Bank, SBI Holdings and 15 Other Investors
Payments
Abra (2014, Mountain View, $30M)Fiat money remittance based on bitcoinMinicorn. Stage: Series B
HCM International, Arbor Ventures, American Express and 19 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
Coins.ph (2013, Manila, $10M)Bitcoin wallet for transactions in PhilippinesMinicorn. Stage: Series A
Naspers, Accion, Innovation Endeavors and 10 Other Investors
Payments
Wyre (2013, San Francisco, $7.5M)International money transfers using blockchainMinicorn. Stage: Series A
Amway Southern Capital, Digital Currency Group, Draper Associates and 6 Other Investors
Billon Cash (2015, Warsaw, $5M)Digital fiat currency solution providerMinicorn. Stage: Series A
SILK Venture
Stellar (2014, San Francisco, $3M)Decentralized protocol for sending and receiving money in any pair of currenciesEditor's Pick. Stage: Seed
Orb (2014, Tokyo, $2.3M)Community cryptocurrency platform for businessesEditor's Pick. Stage: Seed
SBI Holdings, Adways, Monex Ventures and 2 Other Investors
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (2/17)
172
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Payments
Streami (2015, Seoul, $2M)Middleware and infrastructure for Blockchain remittanceMinicorn. Stage: Seed
Shinhan Bank, ICB, Blue Point Capital Partners and 2 Other Investors
Loyyal (2014, San Diego, $1.5M)Royalty network based on Bitcoin.Minicorn. Stage: Series A
INET, UAE Exchange, Hayaat Group and 1 Other Investors
Tokken (2016, Denver, $1.5M)Mobile wallet for cannabis industry leveraging blockchain to record transactions.Editor's Pick. Stage: Seed
Payments
Bitwala (2013, Utrecht, $890k)Bill payment via bitcoinsMinicorn. Stage: Seed
Digital Currency Group, KfW Bankengruppe, High-Tech Grunderfonds
Bitwage (2013, San Francisco, $761k)Mass payout provider using block-chain technology.Minicorn. Stage: Seed
Orange Silicon Valley, Draper Associates, Bitcoin Capital and 2 Other Investors
Moin (2016, Seoul, $581k)Blockchain-based remittance service.Editor's Pick. Stage: Seed
Capstone Partners, Strong Ventures
Payments
Cashila (2013, More, $263k)Bill payment and money transfer in bitcoins to euro.Minicorn. Stage: Seed
LAUNCHub
BitNexo (2014, Santiago, $60k)Bitcoin based B2B cross border money transfer service provider.Minicorn. Stage: Seed
Chinaccelerator, SOSV
Sentbe (2015, Seoul, $25k)Money transfer service from Korea to Philippines.Editor's Pick. Stage: Seed
SparkLabs, Stonebridge Capital
Dragonfly Fintech (2014, Singapore)Blockchain based remittance servicesMinicorn. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (3/17)
173
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Payments
CoinX (2013, New York City)Online money transfer and ACH services provider.Editor's Pick. Stage: Unfunded
Currency Alliance (2015, Barcelona)Loyalty program solution using blockchain.Editor's Pick. Stage: Funded
Howzat Partners
Echo (2016, Munich)P2P messaging and payments platform leveraging blockchain.Editor's Pick. Stage: Unfunded
eCM (2014, Dublin)Fiat digital currency issuing for central banksEditor's Pick. Stage: Series C
Radicle Impact Partners, Omidyar Network
FinMates (2016, Singapore)Remittance service provider performed by independent agents.Editor's Pick. Stage: Unfunded
Payments
Flash FX (2015, Sydney)Online platform for money transfer leveraging Ripple protocol.Editor's Pick. Stage: Unfunded
Hyphen (2016, Seoul)Blockchain settlement solution provider for businesses.Editor's Pick. Stage: Unfunded
Tether (2014, Santa Monica)Digital tokens for fiat curreny using blockchain network.Editor's Pick. Stage: Unfunded
Vala (2015, Tel Aviv)Money transfer using marketplace of remitters.Editor's Pick. Stage: Funded
Techstars
WageCan (2014, Taipei)Wages and payments in blockchain assetsEditor's Pick. Stage: Unfunded
Payments
Tramonex (2013, London)Ethereum tool based cross border payments to SMEsMinicorn. Stage: Funded
UK Government
Airpocket (2015, Boston)Bitcoin based remittance service provider.Editor's Pick. Stage: Unfunded
Bitwala (2015, Berlin)Cross-border remittance platform accepting Bitcoin and AltcoinsEditor's Pick. Stage: Unfunded
Bluepan (2015, Seoul)Blockchain-based remittance solution provider.Editor's Pick. Stage: Unfunded
Cashaa (2016, London)Remittance solution using agents for currency exchange leveraging Blockchain.Editor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (4/17)
174
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Payments
GeoPay (2014, Sandton)Mobile wallet payment and money transfer service provider.Editor's Pick. Stage: Unfunded
HashCash (2015, Kolkata)Blockchain-based payment solutionsEditor's Pick. Stage: Unfunded
MarketPay (2016, Barcelona)Blockchain-enabled escrow payment enabler.Editor's Pick. Stage: Unfunded
Simper (2016, Guadalajara)Blockchain based remittancesEditor's Pick. Stage: Unfunded
Trustlines Network (2017, Mainz)Ethereum based P2P poeple powered money blockchain network.Editor's Pick. Stage: Unfunded
Payments
Wone Payments (2015, Helsinki)Blockchain based mobile paymentsEditor's Pick. Stage: Unfunded
DigitalX (1988, Boston)Blockchain technology for money transfer & trading servicesIPO Date Jun 1989 Mcap $131MIPO Mcap -ASX DCC P/E -
Trading
Digital Asset Holdings (2014, New York City, $110M)Market level solutions based on BlockchainSoonicorn. Stage: Series C
Australian Securities Exchange, ABN AMRO Bank, Accenture and 14 Other Investors
itBit (2012, Tower, $28.3M)Provider of Trading & Settlement platformsSoonicorn. Stage: Series A
RRE Ventures, Liberty City Ventures, Canaan Partners and 3 Other Investors
PeerNova (2013, San Jose, $26.6M)Provider of cryptographic development platformSoonicorn. Stage: Series A
Overstock, Mosaik Partners, Blockchain Capital and 3 Other Investors
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (5/17)
175
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Trading
Quoine (2014, Singapore, $22M)Multi service bitcoin exchange platformSoonicorn. Stage: Series A
JAFCO
Axoni (2016, New York City, $20M)Blockchain solutions for capital marketsMinicorn. Stage: Series A
Wells Fargo, Euclid Opportunities, Goldman Sachs and 7 Other Investors
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
Trading
Cryex (2013, Stockholm, $10M)Multi-Currency matching platform.Minicorn. Stage: Acquired
Northzone, White Star Capital, SparkLabs Global Ventures and 1 Other Investors
uTrade (2011, Chandigarh, $800k)Open-source multi-asset trading platform and blockchain based settlement/clearingMinicorn. Stage: Seed
Axis Bank, Axis Capital Partners
Equibit (2015, Toronto, $150k)Blockchain based security trading enablerEditor's Pick. Stage: Seed
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
Trading
Clearmatics (2015, London)Clearing and settlement technology for financial OTC marketsMinicorn. Stage: Seed
Route 66 Ventures, Tellurian Capital, Nyca
Domus Tower (2014, San Francisco)Realtime equity trade settlement solutionMinicorn. Stage: Seed
Plug and Play Tech Center
Setl (2015, London)Institutional payment and settlement infrastructure based on blockchain technologyMinicorn. Stage: Seed
Deloitte
Prism (2017, Zug)Decentralized cryptocurrency exchange based on ethereumEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (6/17)
176
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Trading
SmartContracts (2014, New York City)Blockchain based contractual agreementsEditor's Pick. Stage: Seed
Data Collective, Underscore VC, BlockVentures Capital
Proof (2016, Gangnam)Blockchain platform to manage and trade equity, debt, program points, and other financial assets.Editor's Pick. Stage: Unfunded
Qvolta (2017, Singapore)Peer to peer cryptocurrency exchange.Editor's Pick. Stage: Unfunded
T0 (2015, New York City)Securities trading on a blockchain.Editor's Pick. Stage: Funded
Quilvest Private Equity, Medici Ventures
Investments
Neufund (2016, Berlin, $13.7M)Blockchain-based platform to offer inital coin offering to startups.Editor's Pick. Stage: Series A
Atlantic Labs
Polychain (2016, San Francisco, $10M)Protocol level token oriented investment fund.Editor's Pick. Stage: Series A
Andreessen Horowitz, Union Square Ventures, Boost VC and 2 Other Investors
COMSA (2016, Osaka, $9M)End-to-end ICO solutions providerEditor's Pick. Stage: Series A
Nippon Technology Venture Partners, ABBALab
Investments
Enigma (2016, San Francisco, $1.4M)Decentralised exchange protocol for creation of micro-hedge funds.Editor's Pick. Stage: Seed
Floodgate Fund, Converge, Digital Currency Group and 1 Other Investors
Sharpe capital (2015, London)ML & AI based investment fund built on EthereumEditor's Pick. Stage: Unfunded
ICONOMI (2016, Ljubljana)Decentralized fund management for digital asetsEditor's Pick. Stage: Funded
The Bayrock Management Group
Moneyrebel (2017, Ljubljana)Blockchain-based mobile finance platformEditor's Pick. Stage: Funded
ABC Accelerator
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (7/17)
177
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Investments
NapoleonX (2017, Paris)Decentralized Autnomous FundsEditor's Pick. Stage: Unfunded
TaaS (2016, Singapore)Smart Contract based Closed-end fundEditor's Pick. Stage: Unfunded
Tokenhub (2014, Beverly Hills)Turkney ICO platformEditor's Pick. Stage: Unfunded
Banking
Thought Machine (2014, London)Blockchain-based core banking engine offered through SaaSEditor's Pick. Stage: Funded
IQ Capital Partners
Paycase (2014, Toronto)Universal banking platform that leverages blockchain technologyMinicorn. Stage: Seed
Crypto Capital, Hedgewood
Babb App (2016, London)Etheruem smart contracts based banking platform.Editor's Pick. Stage: Unfunded
Insurance
SafeShare Global (2015, London)Insurance solution for sharing economyMinicorn. Stage: Unfunded
Etherisc (2016, Munich)Decentralized insurance application for InsurersEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (8/17)
178
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Risk Management
BitGo (2013, San Francisco, $54.5M)Multi-signature security for cryptocurrency paymentsMinicorn. Stage: Series B
Valor Equity Partners, DRW Trading Group, David Sacks and 11 Other Investors
Elliptic (2014, London, $7M)Bitcoin's blockchain intelligence & risk management companyMinicorn. Stage: Series A
Paladin Capital, Santander InnoVentures, KRW Schindler and 4 Other Investors
Coinfirm (2016, London, $747k)Blockchain AML/KYC risk and compliance platformEditor's Pick. Stage: Seed
Luma Investment
Risk Management
Everledger (2015, London, $120k)Preventing diamond fraud and theftMinicorn. Stage: Seed
MasterCard Start Path, BBVA Innovation Center, Barclays Accelerator and 4 Other Investors
Polycoin (2014, Tel Aviv)Blockchain identity and asset transfer solutions for banksMinicorn. Stage: Unfunded
Kyck (2016, Singapore)Blockchain enable KYC solution providerEditor's Pick. Stage: Unfunded
Trade Finance
Hijro (2014, Lexington, $2.5M)Software platform for cross-border B2B tradeMinicorn. Stage: Seed
Draper Associates, Digital Currency Group, FF Venture Capital and 12 Other Investors
Skuchain (2014, San Francisco)Blockchain based solution for B2B commerceMinicorn. Stage: Seed
Digital Currency Group, Amino Capital, Fenbushi Capital
Gatechain (2016, Zurich)Blockchain-based issuance of trade finance contracts digitallyEditor's Pick. Stage: Funded
Kickstart Accelerator
Kratos Innovation Labs (2016, Singapore)Smart contracts as a serviceEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (9/17)
179
Blockchain > Appendix > Index of Top companies by Market
Financial Services
Trade Finance
Smart Valor (2017, Zurich)Protocol layer aimed at trade finance industryEditor's Pick. Stage: Unfunded
Lending
Salt lending (2016, Denver)Blockchain asset backed loans.Editor's Pick. Stage: Funded
ValueNet Capital
Enterprise
Distributed Storage
Maidsafe (2013, Troon, $6M)Decentralized platform for application developers.Minicorn. Stage: Funded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (10/17)
180
Blockchain > Appendix > Index of Top companies by Market
Enterprise
Internet Of Things
Filament (2012, Reno, $35.6M)Decentralized Internet of Things stackMinicorn. Stage: Series C
Verizon Ventures, Bullpen Capital, Intel Capital and 18 Other Investors
Slock.it (2015, Mittweida, $2M)Block chain based IoT smart contract solutionMinicorn. Stage: Seed
Record Keeping
burstIQ (2015, Denver, $250k)Cloud-based data aggregation platform for providersMinicorn. Stage: Seed
PV Ventures, 500 Startups
Psi Phi Global (2016, Bangalore)Blockchain based products for document storageEditor's Pick. Stage: Unfunded
Concordata (2016, London)Distributed platform to share smart contractsEditor's Pick. Stage: Unfunded
RecordsKeeper (2016, Gurgaon)Record keeping SaaS solution based on blockchainEditor's Pick. Stage: Unfunded
Signzy (2015, Bangalore)Digital contract drafting and signing platform running on cloudEditor's Pick. Stage: Funded
Contrarian Drishti, Eight Innovate
Ownership Authentication
Stem Disintermedia (2015, Los Angeles, $12.5M)Digital rights management platformEditor's Pick. Stage: Series A
Evolution Media, Aspect Ventures, Red Light Management and 11 Other Investors
Chronicled (2014, San Francisco, $5.3M)Product authentication on blockchainMinicorn. Stage: Seed
Mandra Capital, Colbeck, Pantera Capital and 3 Other Investors
Mediachain (2015, New York City, $1.5M)Digital media association on blockchain.Minicorn. Stage: Acquired
RRE Ventures, Digital Currency Group, LDV Capital and 2 Other Investors
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (11/17)
181
Blockchain > Appendix > Index of Top companies by Market
Enterprise
Ownership Authentication
Stampery (2014, Madrid, $600k)Stamp emails and files for proof of existence and ownershipMinicorn. Stage: Seed
Draper Associates, Blockchain Capital, Boost VC
Loci (2015, Sterling, $305k)IP ManagementEditor's Pick. Stage: Seed
Trustatom (2014, Vancouver, $100k)Enforceable digital contractsEditor's Pick. Stage: Seed
Plug and Play Tech Center
LuxTag (2016, Cyberjaya)Blockchain based digital certificate for product authentication and proof of ownershipEditor's Pick. Stage: Unfunded
Distributed Identity
Evernym (2013, Salt Lake City, $6.5M)Distributed identity platformEditor's Pick. Stage: Series A
Outlier Ventures, Venture Capital
Onename (2013, New York City, $1.6M)Managing online identity and personal dataEditor's Pick. Stage: Seed
Union Square Ventures, SV Angel, High Line Venture Partners and 4 Other Investors
Userfeeds.io (2016, Warsaw, $450k)The Content Ranking System for Blockchain Communities.Editor's Pick. Stage: Seed
BanQu (2015, Austin, $100k)Economic identity platform on blockchainEditor's Pick. Stage: Funded
Raptor Group
Distributed Identity
Tradle (2014, New York City, $17k)SaaS on Bitcoin blockchainEditor's Pick. Stage: Seed
Startupbootcamp
Cetas (2016, Mumbai)Blockchain-based digital identity, KYC, AML & Financial ScoringEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (12/17)
182
Blockchain > Appendix > Index of Top companies by Market
Enterprise
Security
Guardtime (2007, Irvine, $8.7M)Big data & blockchain based threat detection & mitigationMinicorn. Stage: Series B
Irvine Company, Microsoft Ventures, Horizons Ventures and 5 Other Investors
Gladius (2017, College Park)Blockchain-driven decentralized anti-DDoS attack platformEditor's Pick. Stage: Unfunded
Supply Chain
Arc Net NI (2015, Antrim, $2.5M)Product supply chain and brand security, authenticity and securityEditor's Pick. Stage: Seed
Richard Steeves
InstaSupply (2014, London, $1.5M)Procurement platform for buyers-suppliers.Editor's Pick. Stage: Seed
Bext360 (2016, Denver, $1.2M)End-to-end coffee supply chain management using artificial intelligence and blockchainMinicorn. Stage: Seed
Amani (2016, Windsor)End-to-end purchase order placing to payment solution on Ethereum-based blockchain.Editor's Pick. Stage: Unfunded
Supply Chain
Sofocle Technologies (2016, Noida)Blockchain based smart contract and supply chain solutions providerEditor's Pick. Stage: Unfunded
Yojee (2015, Singapore)Blockchain based logistics solutions targeting e-commerce logisticsIPO Date - Mcap -IPO Mcap -- - P/E -
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (13/17)
183
Blockchain > Appendix > Index of Top companies by Market
Enterprise
Governance Solutions
Humanitarian Blockchain (2016, London)Blockchain consultancy for global e-governance and humanitarian affairs.Editor's Pick. Stage: Unfunded
Consumer
Art & Music distribution
Blunner (Hoogeveen)AI-powered webdesign and blockchain marketplaceEditor's Pick. Stage: Unfunded
Digital Content
Basic Attention Token (2017, San Francisco)Digital token for rewarding stakeholders using Brave BrowserEditor's Pick. Stage: Unfunded
Decentraland (2014, Buenos Aires)VR world with a blockchain based in-built economy.Editor's Pick. Stage: Unfunded
SpectivVR (2017, Houston)VR Content Creation and Curation PlatformEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (14/17)
184
Blockchain > Appendix > Index of Top companies by Market
Consumer
Gaming Platform
Edgeless (2011, Vilnius, $1M)Zero edge casino built on EthereumEditor's Pick. Stage: Funded
P2P Commerce
OB1 (2015, Fairfax, $4.2M)Blockchain based P2P marketplaceMinicorn. Stage: Seed
Digital Currency Group, Union Square Ventures, Andreessen Horowitz and 3 Other Investors
Syscoin (2014, Brasilia)Blockchain services for merchants via marketplaceEditor's Pick. Stage: Unfunded
Technology
Technology
Blockchain Industries (2012, Brandenburg)Platform solutions for public and private blockchainsIPO Date - Mcap -IPO Mcap -- - P/E -
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (15/17)
185
Blockchain > Appendix > Index of Top companies by Market
Technology
Smart Contracts
Tezos (2014, Zug, $10M)Smart Contract platform with an in-built governance mechanismEditor's Pick. Stage: Series A
Polychain
Symbiont (2015, New York City, $8.3M)Smart securities issuance and trading platformSoonicorn. Stage: Series A
Medici Ventures, Hundsun, Atlantic Merchant Capital Investors and 8 Other Investors
Hedgy (2014, San Francisco, $2M)Marketplace for hedging contracts on the Bitcoin.Minicorn. Stage: Seed
Sand Hill Angels, Tim Draper, Marc Benioff and 2 Other Investors
Smart Contracts
Attores (2016, Singapore, $21.9k)Smart contracts platformEditor's Pick. Stage: Seed
The FinLab
Agrello (2017, Tallinn)AI powered legally binding smart contracts.Editor's Pick. Stage: Funded
BlockVentures Capital
Sidechain
Blockstream (2014, San Francisco, $101M)Blockchain development focused on sidechains innovationSoonicorn. Stage: Series B
G Lab, Horizons Ventures, AXA Strategic Ventures and 18 Other Investors
Credits (2014, London)Blockchain enabled platformMinicorn. Stage: Unfunded
Polkadot (2016, London)Multi-chain frameworkEditor's Pick. Stage: Unfunded
Counterparty (2014, New York City)Robust and secure marketplace directly on the Bitcoin Blockchain.Minicorn. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (16/17)
186
Blockchain > Appendix > Index of Top companies by Market
Technology
Application Development Platform
Bitfury (2012, San Francisco, $95M)Provider for Bitcoin mining hardwareSoonicorn. Stage: Series C
Credit China Holdings, Investment Fund, Itech Capital and 6 Other Investors
Chain (2014, San Francisco, $43.7M)Designing blockchain applications for organizationsSoonicorn. Stage: Series B
Citi Ventures, Fiserv, Nasdaq and 21 Other Investors
Colu (2014, Tel Aviv, $26.6M)Bitcoin based asset issuance and management platformEditor's Pick. Stage: Series B
IDB, Spark Capital, BoxGroup and 2 Other Investors
Application Development Platform
Tech bureau Lab (2015, Osaka, $25.8M)Japanese cryptocurrency technology company and Bitcoin Exchange operatorMinicorn. Stage: Series B
JAFCO, Infoteria, Arara and 5 Other Investors
AION (2017, Toronto, $22M)Inter-blockchain operability networkEditor's Pick. Stage: Series B
Nuco
Factom (2014, Austin, $10.7M)Blockchain as a service for protecting enterprise dataMinicorn. Stage: Series A
Peeli Ventures, Harvest Partners, Bill & Melinda Gates Foundation and 10 Other Investors
Application Development Platform
Gem (2014, Venice, $10.4M)Platform to develop blockchain applicationsMinicorn. Stage: Series A
Pelion Venture Partners, KEC Ventures, Blockchain Capital and 14 Other Investors
BlockCypher (2013, Redwood City, $3.5M)Cloud-optimized full blockchain nodesMinicorn. Stage: Seed
Fenox Venture Capital, Upside Partnership, AME Cloud Ventures and 11 Other Investors
SolidX Partners (2014, New York City, $3M)Digital currency investment software and blockchain platformMinicorn. Stage: Seed
Liberty City Ventures, Red Sea Ventures, Red Swan Ventures and 1 Other Investors
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Blockchain
Index of Top companies by Market (17/17)
187
Blockchain > Appendix > Index of Top companies by Market
Technology
Application Development Platform
BTL (2011, Vancouver)Blockchain based development platforms for businessesIPO Date Dec 2011 Mcap $201MIPO Mcap $196kCVE BTL P/E -
AI-BlockChain (2014, New York City)AI enhanced blokchain solution provider.Editor's Pick. Stage: Unfunded
ChainReactor (2016, Indianapolis)Blockchain development platform supporting multiple chainsEditor's Pick. Stage: Unfunded
Ethereum (2013, Toronto)Cryptocurrency 2.0 NetworkEditor's Pick. Stage: Funded
Winklevoss Capital, Yushan Ventures, 6Degrees Ventures
Application Development Platform
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 enterprisesEditor's Pick. Stage: Funded
Asimov Ventures
KrypC Technologies (2016, Bangalore)Full stack Blockchain solutionEditor's Pick. Stage: Unfunded
Settlemint (2016, Brussels)Blockchain middleware development solutionsEditor's Pick. Stage: Seed
Overstock
Service Providers
R3 (2013, New York City, $107M)Consortium of financial enterprises aiming to create digital ledger technologyEditor'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 systemsEditor's Pick. Stage: Unfunded
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018
Funded Deadpooled Companies
188
Excludes all details for Chinese companies
Blockchain > Appendix > Funded Deadpooled Companies
View all 42 Deadpooled companies on Tracxn Platform
Funding Company Location
$120k Freeport Mobile Brooklyn
$31k Coyno Berlin
Hellobit San Francisco
Project AIr Chicago
ChainLab Tel Aviv
Index of Deadpooled companies in Blockchain
Copyright © 2017, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Blockchain - Jan 2018189
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Team
Deepjyoti DebResearch Manager
Rohit Kothari Lead Analyst
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