BlockFi raised $1.6 M in its first seed round in February 2018, followed by $2.3 M in June 2018, then a $4 M convertible note in December 2018, $18.3 M in Series A in August 2019, $30 M in Series B in February 2020, $50 M in Series C in August 2020, $350 M in Series D in March 2021, $500 M in Series E in August 2021 and $400 M of debt financing in June 2022, bringing total funding to approximately $466 M.