How Much Did FalconX Raise? Headquarters, Funding & Key Investors

FalconX, founded in 2018, has raised $430 million in funding, including Series D ($150 million, June 2022), Series C ($210 million, August 2021), Series B ($47 million, December 2020), and multiple seed and venture rounds. Headquartered in San Francisco, United States, the company provides institutional cryptocurrency trading and investment solutions, including trade execution, market insights, derivatives, and credit management. With a team of 101–250 employees, FalconX is backed by leading investors including Wellington, B Capital, GIC, and Tiger Global Management. The platform leverages data science for reliable execution without slippage, supporting institutions in navigating the crypto market efficiently.

How Much Did FalconX Raise? Funding & Key Investors

FalconX, founded in May 2018 by Prabhakar Reddy and Raghu Yarlagadda, is a San Francisco-based cryptocurrency trading and investment platform for institutions. It provides comprehensive services, including trade execution, market insights, crypto news, derivatives, credit, and treasury management. The platform ensures secure and efficient transactions using encrypted networks and advanced data science to prevent slippage or hidden fees.

What Is FalconX and What Does It Do?

FalconX, founded in May 2018 by Prabhakar Reddy and Raghu Yarlagadda, is a San Francisco-based (United States) institutional cryptocurrency trading and investment platform.

With a workforce of 101–250 employees, FalconX provides institutions with secure and efficient access to digital asset markets, offering trade execution, market insights, derivatives, credit, and treasury management. Its data-driven platform ensures transparency, eliminates slippage, and supports global institutional clients in managing cryptocurrency portfolios.

How Much Funding Has FalconX Raised?

*Venture Round* • Amount Raised: $17M
• Date: May 2020
• Lead Investors: Accel
• Motivation: To scale operations and enhance platform capabilities.\
*Convertible Note* • Amount Raised: $3M
• Date: June 2020
• Motivation: To provide additional working capital for growth.\
*Series B* • Amount Raised: $47M
• Date: December 2020
• Lead Investors: American Express Ventures
• Motivation: To expand market presence and enhance service offerings.\
*Venture Round* • Amount Raised: $50M
• Date: March 2021
• Lead Investors: B Capital, Tiger Global Management
• Motivation: To scale operations and invest in technology.\
*Series C* • Amount Raised: $210M
• Date: August 2021
• Lead Investors: Altimeter Capital, B Capital, Sapphire Ventures, Tiger Global Management
• Motivation: To expand platform capabilities and scale operations.\
*Series D* • Amount Raised: $150M
• Date: June 2022
• Lead Investors: B Capital, GIC
• Motivation: To capitalize on market opportunities and expand product offerings.

Total Funding Raised: $430 Million

Current Valuation: $8 Billion (as of Jun 2022)

Latest Funding Date: June 2022

Key Investors

*GIC* • Details: Sovereign wealth fund of Singapore managing foreign reserves.
• Investment Focus Areas: Real estate, private equity, infrastructure, fixed income.
• Notable Investments: Alibaba, Airbnb, Ant Financial.\
*B Capital* • Details: Global investment firm co-founded by Eduardo Saverin, supporting tech entrepreneurs.
• Investment Focus Areas: Enterprise, fintech, healthcare.
• Notable Investments: Byju's, Atomwise, Ninja Van.\
*Thoma Bravo* • Details: Private equity firm focused on software and tech-enabled services sectors.
• Investment Focus Areas: Software, technology-enabled services.
• Notable Investments: SolarWinds, McAfee, Dynatrace.\
*Wellington Management* • Details: Global investment management firm advising 2,200+ institutions in 60+ countries.
• Investment Focus Areas: Technology, healthcare, financial services.
• Notable Investments: Uber, Airbnb, SpaceX.\
*Tiger Global Management* • Details: Investment firm deploying capital globally in public and private markets.
• Investment Focus Areas: Technology, internet, consumer sectors.
• Notable Investments: Facebook, LinkedIn, Spotify.

Where Is FalconX’s Headquarters?

FalconX is headquartered in San Francisco, California, providing access to leading tech talent, a vibrant fintech ecosystem, and proximity to global institutional clients for cryptocurrency trading.

What’s Next for FalconX?

FalconX is positioned to capture the growing institutional demand for digital assets, expanding its product suite and entering new markets, including U.S. swap dealers. With a valuation of $8 billion and backing from top-tier investors, the company aims to enhance its trading platform, offer more cryptocurrency solutions, and strengthen its position as a leading institutional cryptocurrency brokerage globally.

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