BlockFi
New York, US · Founded 2017 · Delaware corporation · 9 known investors
BlockFi was a cryptocurrency financial services company; its site now serves only as a wind-down and client remediation portal covering bankruptcy distributions, identity verification, and phishing warnings.
Founders & leadership
BlockFi was founded in 2017 by Flori Marquez and Zachary Lee Prince.
FM
Flori MarquezCo-founder30 Under 30 2021
ZL
Zachary Lee PrinceCo-founder
CR
Christopher Richard ShafferExecutive
Board
KG
Kavita GuptaBoard director
Investors · 9
Funding
SEC filings, press & company announcements$62.6M disclosed across 6 of 8 rounds · 2017–2022
▶Undisclosed amountofferedNov 2022 · Other TechnologyRule 506(c)
▶Undisclosed amountofferedNov 2022 · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Robert LobanExecutive Officer
- Jennifer HillDirector
- Tony Lauro IIDirector
- Amit CheelaExecutive Officer
- Zachary Lee PrinceExecutive Officer, Director
- Florencia M. MarquezExecutive Officer, Director
- Jonathan MayersExecutive Officer
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06c
▶$37.5MraisedFeb 2020 · 18 investors · Other TechnologyRule 506(b)
▶$37.5MraisedFeb 2020 · 18 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Corva MattDirector
- David SpackExecutive Officer
- Amit CheelaExecutive Officer
- Mahesh Paolini-SubramanyaExecutive Officer, Director
- Christopher FerraroDirector
- Flori MarquezExecutive Officer, Director
- Rene Van KesterenExecutive Officer
- James FitzgeraldDirector
- Zachary Lee PrinceExecutive Officer, Director
- Offering amount
- $37.5M
- Amount sold
- $37.5M
- Proceeds to insiders
- $6.9M
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$20.1MraisedAug 2019 · 15 investors · Other TechnologyRule 506(b)
▶$20.1MraisedAug 2019 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Rene Van KesterenExecutive Officer
- James FitzgeraldDirector
- Flori MarquezExecutive Officer, Director
- Christopher FerraroDirector
- Kavita GuptaDirector
- Zachary Lee PrinceExecutive Officer, Director, Promoter
- Offering amount
- $20.5M
- Amount sold
- $20.1M
- Proceeds to insiders
- $1M
- First sale
- Jul 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$300KraisedFeb 2019 · 2 investors · Other TechnologyRule 506(b)
▶$300KraisedFeb 2019 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Zachary Lee PrinceExecutive Officer, Director, Promoter
- Rene Van KesterenExecutive Officer
- Flori MarquezExecutive Officer
- Christopher FerraroDirector
- Kavita GuptaDirector
- Offering amount
- $300K
- Amount sold
- $300K
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$1.8MraisedNov 2018 · 3 investors · Other TechnologyRule 506(b)
▶$1.8MraisedNov 2018 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Flori MarquezExecutive Officer
- Kavita GuptaDirector
- Christopher FerraroDirector
- Zachary Lee PrinceExecutive Officer, Director, Promoter
- Rene Van KesterenExecutive Officer
- Offering amount
- $4M
- Amount sold
- $1.8M
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$2.3MraisedJul 2018 · 3 investors · Other TechnologyRule 506(b)
▶$2.3MraisedJul 2018 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Zachary Lee PrinceExecutive Officer, Director, Promoter
- Kavita GuptaDirector
- Rene Van KesterenExecutive Officer
- Flori MarquezExecutive Officer
- Ferraro ChristopherDirector
- Offering amount
- $2.3M
- Amount sold
- $2.3M
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$650KraisedJan 2018 · 6 investors · Other TechnologyRule 506(b)
▶$650KraisedJan 2018 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Christopher Richard ShafferExecutive Officer
- Flori MarquezExecutive Officer
- Zachary Lee PrinceExecutive Officer, Director
- Kavita GuptaDirector
- Offering amount
- $1.5M
- Amount sold
- $650K
- Proceeds to insiders
- $310K
- First sale
- Dec 2017
- Incorporated
- Corporation, New York, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through BlockFi went on to found or lead other companies.
Competitors · 2
by search overlap
Kroll StepStone Private Credit Benchmarks9 shared keywordsKroll is a global advisory firm providing independent analysis and strategic consulting services including valuations, M&A transactions, regulatory compliance, and risk management for multinational organizations and financial institutions.
Coinbase7 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
Companies competing with BlockFi for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
BlockFi raised $52M from Mike Novogratz – this is CEO on APompliano's podcastitunes.apple.com · Sep 2018Frequently asked questions
- What does BlockFi do?
- BlockFi was a cryptocurrency financial services company; its site now serves only as a wind-down and client remediation portal covering bankruptcy distributions, identity verification, and phishing warnings.
- Who founded BlockFi?
- BlockFi was founded by Flori Marquez, Zachary Lee Prince in 2017.
- Who are BlockFi's investors?
- BlockFi's investors include Blockchain Coinvestors, Castor Ventures (an Alumni Ventures Fund), Sprint Vc, Consensys Ventures, Locus Ventures, Lumenary, PJC, Purple Arch Ventures and 1 more.
- How much funding has BlockFi raised?
- BlockFi has disclosed $62.6M raised across 6 of its 8 known rounds.
- Where is BlockFi headquartered?
- BlockFi is headquartered in New York, US.