Blackbird.xyz
10 known investors
Blackbird is a restaurant loyalty, membership and payments platform with a consumer dining-rewards app built on blockchain rails.
Also known as Blackbird · Blackbird Labs · Blackbird Labs, Inc.
Founders & leadership
Investors · 10
Also in the syndicate · 1
Company profile
researched Aug 2026Blackbird (operated by Blackbird Labs, Inc.) is a New York-based loyalty and membership company for restaurants. It provides restaurants with a customizable loyalty programming platform and diners with a consumer app that combines discovery, check-in, payment and rewards. Diners tap an NFC device (the "Blackbird puck") at the host stand or register when they arrive, then pay their check inside the app, earning points denominated in $FLY, the company's rewards currency, where 100 $FLY equals $1 of spending power and points do not expire [0][1][2].
The product includes tiered membership under Blackbird Club (Member at 4x points, Regular at 5x with priority reservations and members' nights, and Friends & Family at 7x with a concierge text line, double points at a chosen "My Spot," and restaurant preview invitations), a Coffee Club offering 10x points at participating cafes, in-app bill splitting, referrals, and direct messaging with restaurants for reservations. Restaurants use the platform to collect guest data, engage repeat customers and run fundraising or membership pre-sales; early implementations used restaurant-specific NFTs and digital punch cards [1][2].
The platform is built on blockchain infrastructure: early coverage described Blackbird as built on Base, Coinbase's Ethereum layer-2 network, and later reporting describes its payment system, Flynet, as leveraging Coinbase's Base transaction protocol. Management frames the blockchain component as a route to customer-profile portability and eventual shared ownership of the network by restaurants and diners, and an investor stated that Blackbird was saving restaurants 3-4% on payment processing fees [2][4].
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsWith roughly 1,000 restaurants on board, Blackbird reported office/market expansion in New York, San Francisco and Charleston, South Carolina, and plans to enter additional markets.
Blackbird Labs announced a $50 million Series B led by Spark Capital with participation from existing investors Coinbase Ventures, Amex Ventures and Andreessen Horowitz, bringing total funding to $85 million. Proceeds were earmarked for the launch of the cross-restaurant rewards program Blackbird Club and expansion into new markets.
$50M source ↗
Blackbird announced plans to launch Blackbird Club, a cross-restaurant points service allowing points redemption across participating restaurants; tiered membership levels are live in the consumer app.
a16z crypto announced it was leading Blackbird's $24 million Series A; the post noted the platform had been live for only a few months at that point.
$24M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Blackbird Labs, Inc. | Companies | QED Investorsqedinvestors.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Blackbird.xyz do?
- Blackbird is a restaurant loyalty, membership and payments platform with a consumer dining-rewards app built on blockchain rails.
- Who founded Blackbird.xyz?
- Blackbird.xyz was founded by Ben Leventhal.
- Who are Blackbird.xyz's investors?
- Blackbird.xyz's investors include a16z crypto, Andreessen Horowitz, Coinbase Ventures, Mischief, Multicoin Capital, QED Investors, Shine Capital, Union Square Ventures (USV) and 1 more.




