PolySign was founded in 2018 by Arthur Britto and David Schwartz. PolySign has not publicly endorsed a plan to participate in an IPO.
PolySign is a blockchain technology company that offers digital asset infrastructure for institutional investors. Per Forge data, the company has had over 8 funding rounds, securing $158.2 million total. Their most recent funding occurred on January 12, 2023, in a Venture round. Key investors include Cowen Group, Cowen Digital, and Boathouse Capital.
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 | |
---|---|---|---|---|---|---|
04/13/2022 | Series Mid 1 | $20MM | $xx.xx | $506.8MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
9,415,300
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
04/13/2022 | Series C | $52.87MM | $xx.xx | $506.8MM | Soros Fund Management, Brevan Howard, GSR | |
Price per Share
$xx.xx
Shares Outstanding
24,889,966
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Soros Fund Management, Brevan Howard, GSR
|
||||||
05/13/2021 | Series B | $58.49MM | $xx.xx | $267.94MM | Cowen, Blockchain.com, Race Capital, Sandia Holdings, PilotRock Investments | |
Price per Share
$xx.xx
Shares Outstanding
49,251,534
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Cowen, Blockchain.com, Race Capital, Sandia Holdings, PilotRock Investments
|
||||||
12/31/2020 | Series A Plus | $12.7MM | $xx.xx | $99.2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
14,874,688
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
12/04/2018 | Series A | $11MM | $xx.xx | $59.36MM | Race Capital | |
Price per Share
$xx.xx
Shares Outstanding
15,409,143
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Race Capital
|
||||||
01/31/2018 | Series Seed | $4.31MM | $xx.xx | $12.31MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
22,000,000
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000.0
Key Investors
Undisclosed Investors
|