Tech Company Financing Transactions
BlockFi Funding Round
On 12/13/2018, BlockFi secured $4 million in funding from Akuna Capital, CMT Ventures and Devonshire Investors.
Transaction Overview
Company Name
Announced On
12/13/2018
Transaction Type
Debt
Amount
$4,000,000
Round
Undisclosed
Investors
Akuna Capital (Lead Investor) (Toby Allen)
Susquehanna International Group (Dean Carlson)
Proceeds Purpose
This funding round will go towards team growth and the launch of new products, including an interest-earning crypto savings account, a portfolio line-of-credit and crypto-backed credit cards.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
201 Montgomery St. 2nd Floor 263
Jersey City, NJ 07302
USA
Jersey City, NJ 07302
USA
Phone
Website
Email Address
Overview
BlockFi is a secured non-bank lender that offers USD loans to cryptoasset owners who collateralize the loan with their cryptoassets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zac Prince
Chief Financial Officer
Tony Lauro
Chief Technical Officer
Mahesh Paolini-Subramanya
VP - Finance
Amit Cheela
VP - General Counsel
Jonathan Mayers
VP - Marketing
Andrew Tam
VP - Operations
Flori Marquez
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