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Blockdaemon was founded in 2017 by Arunram Kalaiselvan and Konstantin Richter. The company has not spoken publicly about plans to participate in an IPO, but CEO Richter is optimistic about Blockdaemon's growth, stating that "Over the last 12 months Blockdaemon has seen massive growth across all metrics and raised substantial capital." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
In the company's words, Blockdaemon powers the blockchain economy "by simplifying the process of deploying nodes and creating scalable enterprise blockchain solutions via APIs, high availability clusters, auto-decentralization and auto-healing of nodes." Since 2021, the company has acquired Lunie, Anyblock Analytics, and Gem. The company made 150 full time hires in 2021 alone, most of them for engineer positions. Blockdaemon has raised $400 million in venture capital funding, most recently in a 2022 round that brought in $207 million from investors led by Sapphire and Tiger Global. The round also included contributions from SoftBank Vision Fund 2, Boldstart Ventures, StepStone Group, Matrix Capital Management and resulted in a post-money valuation of $3.25 billion.
Blockdaemon does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Blockdaemon will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 1/26/2022 | Series C | $207MM raised | $XXX.XX | $XXX.XX |
| 9/21/2021 | Series B | $159.83MM raised | $XXX.XX | $XXX.XX |
| 6/8/2021 | Series A | $35.73MM raised | $XXX.XX | $XXX.XX |
| 5/12/2020 | Series Seed-7 | $4.93MM raised | $XXX.XX | $XXX.XX |
| 4/4/2019 | Series Seed-6 | $3MM raised | $XXX.XX | $XXX.XX |
| 4/11/2018 | Series Seed-4 and Seed-5 | $2.7MM raised | $XXX.XX | $XXX.XX |
| 3/7/2018 | Series Seed-2 and Seed-3 | $3.14MM raised | $XXX.XX | $XXX.XX |
| 11/7/2017 | Series Seed-1 | $3.73MM raised | $XXX.XX | $XXX.XX |
Blockdaemon is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Blockdaemon pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Blockdaemon is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
