Chia Network was founded in 2017 by Bram Cohen and Ryan Singer. Chia Network confidentially filed for an IPO, estimated to occur in Q2 2024.
Chia Network is an open-source decentralized blockchain, digital currency, and smart transaction platform. Per Forge data, Chia Network raised $69.7M in funding over 5 rounds. Their latest funding was raised on May 24, 2021, from a Series D round. Key investors include Slow Ventures, Richmond Global Ventures, and Andreessen Horowitz.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/24/2021 | Series D | $61MM | $xx.xx | $45.81B | Andreessen Horowitz, Breyer Capital, Collab+Currency, Cygni Capital, Dhvc, Naval Ravikant, Richmond Global Ventures, Slow Ventures, True Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,876,622
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Breyer Capital, Collab+Currency, Cygni Capital, Dhvc, Naval Ravikant, Richmond Global Ventures, Slow Ventures, True Ventures
|
||||||
08/11/2020 | Series C | $7.95MM | $xx.xx | $10.11B | Ideo Colab Ventures, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,135,403
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ideo Colab Ventures, Slow Ventures
|
||||||
08/11/2020 | Series B | $8.01MM | $xx.xx | $10.11B | Ideo Colab Ventures, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
528,949
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ideo Colab Ventures, Slow Ventures
|
||||||
03/28/2018 | Series A | $3.37MM | $xx.xx | $1.35B | Andreessen Horowitz, Craft Ventures, Dcm Ventures, Dhvc, Greylock, True Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,473,192
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Craft Ventures, Dcm Ventures, Dhvc, Greylock, True Ventures
|