Blockdaemon provides blockchain infrastructure solutions that simplify node deployment, staking, and API management for enterprises, developers, and financial institutions. Based in Los Angeles, United States, the company enables businesses to run secure, scalable private and public blockchains across multiple cloud environments.
What Is Blockdaemon and What Does It Do?
Blockdaemon builds and operates infrastructure for blockchain nodes, staking, and developer tools, enabling organizations to run distributed ledger systems seamlessly across clouds and networks. Founded in 2017 by Konstantin Richter and headquartered in Los Angeles, United States, the company has a team of 201–500 employees.
Blockdaemon’s platform powers secure connectivity for financial institutions, enterprises, and Web3 projects, ensuring the efficient management of blockchain nodes, validators, and APIs.
How Much Funding Has Blockdaemon Raised?
- Seed Round
- Amount Raised: $380 K
- Lead Investors: Boldstart Ventures, Comcast Ventures, Genacast Ventures
- Motivation: To kickstart operations and build initial blockchain infrastructure.
- Seed Round
- Amount Raised: $2.4 M
- Lead Investors: Lerer Hippeau
- Motivation: To expand the team and enhance early-stage blockchain tools.
- Venture Round
- Amount Raised: $5.5 M
- Lead Investors: Boldstart Ventures
- Motivation: To scale operations and support growing enterprise demand.
- Series A
- Amount Raised: $28 M
- Lead Investors: Greenspring Associates
- Motivation: To drive initial growth and strengthen product infrastructure.
- Series B
- Amount Raised: $155 M
- Lead Investors: SoftBank Vision Fund 2
- Motivation: To fuel expansion, officially making Blockdaemon a unicorn.
- Series C
- Amount Raised: $207 M
- Lead Investors: Sapphire Ventures, Tiger Global Management
- Motivation: To develop DeFi and CeFi solutions and enable strategic investments.
- Venture Round
- Amount Raised: $33.1 M
- Motivation: To expand blockchain infrastructure and service offerings.
Total Funding Raised: $468 Million
Current Valuation: $3.25 Billion (as of January 2022)
Latest Funding Date: August 2022
Key Investors
- Sapphire Ventures
- Details: Growth-stage venture capital firm helping technology companies scale globally.
- Investment Focus Areas: Enterprise software, AI, fintech, digital health.
- Notable Investments: Square, LinkedIn, Box.
- Tiger Global Management
- Details: Global investment firm focused on high-growth tech companies in private and public markets.
- Investment Focus Areas: Internet, software, consumer tech, fintech.
- Notable Investments: Facebook, LinkedIn, Spotify.
- SoftBank Vision Fund 2
- Details: SoftBank’s flagship tech-investment fund targeting companies leading the information revolution.
- Investment Focus Areas: AI, robotics, IoT, biotech, blockchain.
- Notable Investments: Uber, WeWork, ByteDance.
- Boldstart Ventures
- Details: Early-stage venture firm backing developer-first enterprise startups.
- Investment Focus Areas: Developer tools, infrastructure, enterprise software.
- Notable Investments: Snyk, BigID, Kustomer.
- Galaxy Digital
- Details: Diversified financial services and investment management company in the digital asset and blockchain sectors.
- Investment Focus Areas: Digital assets, cryptocurrency, blockchain infrastructure.
- Notable Investments: Bakkt, Bitfury, BlockFi.
Where Is Blockdaemon’s Headquarters?
Blockdaemon’s headquarters is located in Los Angeles, California, a central hub for both technology and financial innovation globally. The region’s rich blockchain talent pool and venture ecosystem enable the company to collaborate closely with exchanges, DeFi startups, and enterprise blockchain networks.
What’s Next for Blockdaemon?
With a $3.25 billion valuation and a strong institutional client base, Blockdaemon is expanding its footprint in the DeFi and CeFi markets. The company aims to enhance validator services, staking infrastructure, and node automation across multiple chains. Strategic partnerships with StakeWise and Obol Labs demonstrate its focus on institutional-grade solutions. Future plans include further research and development in security, compliance, and interoperability.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Blockdaemon. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.