Blockstream - About the company
Blockstream is a series C company based in Montreal (Canada), founded in 2014 by Austin Hill and . It operates as a Developer of blockchain-based platform building crypto-financial infrastructure. Blockstream has raised $651M in funding from investors like , Khosla Ventures and Horizons Ventures, with a current valuation of $3.2B. The company has 57 active competitors, including 15 that are funded. Its top competitors include companies like Boba, Orbs and Gnosis.
Sectors and market segments that Blockstream operate in
Blockstream serves in the B2B space in the High Tech, Blockchain Technology market segments.The primary business model of Blockstream are:Company Details
Developer of blockchain-based platform building crypto-financial infrastructure. It provides users with detailed blockchain data through open-source block explorer and offers a hardware wallet for Bitcoin and liquid assets. It also operates the Blockstream satellite, which broadcasts the Bitcoin blockchain worldwide and provides enterprise-class Bitcoin mining services.
- Website
- Social
- Email ID
- @blockstream.com
- Part Of
Key Metrics
Founded Year
2014
Location
Montreal, Canada
Stage
Series C
Total Funding
in 8 rounds
Latest Funding Round
Post Money Valuation
as on Aug 24, 2021
Investors
& 46 more
Ranked
1st among 57 active competitors
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
&
Similar Companies
Boba &
Legal entities associated with Blockstream
Blockstream is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Jan 29, 2015 | - | 365 | 429 | |
Dec 26, 999 | - | 429 | 474 |
Get your free copy of Blockstream's company profile
Blockstream's funding and investors
Blockstream has raised a total funding of $651M over 8 rounds. Its first funding round was on Nov 17, 2014. Its latest funding round was a Series C round on Oct 15, 2024 for $210M. 1 investor participated in its latest round, lead by Fulgur Ventures.
Blockstream has 45 institutional investors including , Khosla Ventures and Horizons Ventures. Ray Ozzie and 1 other are Angel Investors in Blockstream.
Here is the list of recent funding rounds of Blockstream:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Oct 15, 2024 | $210M | Series C | - | - | |
Dec 13, 2023 | $5.07M | Series B | - | - | - |
Jan 24, 2023 | Undisclosed | Conventional Debt | - | - |
Access funding benchmarks and valuations. Sign up today!View details of Blockstream's funding rounds and investors
Blockstream's founders and board of directors
The founders of Blockstream are Austin Hill and . is the CEO of Blockstream. Austin Hill has founded 3 more companies - , Akoha and StandOutJobs.
View details of Blockstream's Founder profiles and Board Members
Blockstream's employee count trend
Blockstream has 30 employees as of Dec 22. The total employee count is 36.4% more than what it was in Dec 21. Here is Blockstream's employee count trend over the years:
Uncover Blockstream's growth story! Sign up today!Blockstream's Competitors and alternates
Top competitors of Blockstream include Boba, Orbs and Gnosis. Here is the list of Top 10 competitors of Blockstream, ranked by ÃØÃÜÑо¿Ëù score :
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | 2014, Montreal (Canada), Series C | Developer of blockchain-based platform building crypto-financial infrastructure | $651M | DCVC, AME Cloud VenturesÌý&²¹³¾±è;Ìý | 75/100 |
2nd |  Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | Hack VC, D1 Capital PartnersÌý&²¹³¾±è;Ìý | 64/100 |
3rd | Infrastructure as a service via virtual chains | $15.4M | Kakao Investment, VestChain CapitalÌý&²¹³¾±è;Ìý | 62/100 | |
4th | Crypto-based financial service provider | $500K | NGC, Consensys LabsÌý&²¹³¾±è;Ìý | 61/100 | |
5th | Lightning Labs 2016, San Francisco (United States), Series B | Blockchain-based sidechain network | $82.5M | RRE Ventures, Valor Equity PartnersÌý&²¹³¾±è;Ìý | 57/100 |
6th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | Sound Ventures, Liberty City VenturesÌý&²¹³¾±è;Ìý | 55/100 |
7th |  Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | Requiem Capital, AkwanÌý&²¹³¾±è;Ìý | 53/100 |
8th | Cross-blockchain communication based on Lisk-fork | - | 51/100 | ||
9th | Aventus 2016, London (United Kingdom), Funding Raised | Ticket issuance on a blockchain | - | 51/100 | |
10th |  Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | , Unicorn VenturesÌý&²¹³¾±è;Ìý | 56/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Blockstream's competitors? Click to see the top ones
Blockstream's Investments and acquisitions
Blockstream has acquired 3 companies including , and GreenAddress. Blockstream has not made any investments as of now. Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 24, 2021 | Acquisition |  | 2013 | Tel Aviv, Israel |
May 22, 2021 | Acquisition | | - | |
Jul 27, 2016 | Acquisition | - |
Want to know more about where corporates are investing? Sign up today!See all acquisitions by Blockstream
Reports related to Blockstream
Here is the latest report on Blockstream:
View
News related to Blockstream
Media has covered Blockstream for a total of 17 events in the last 1 year, 8 of them have been about company updates.
•
PYMNTS.com•Mar 05, 2025•Blockstream
•
bitcoinethereumnews.com•Mar 05, 2025•Blockstream
•
CoinDesk•Mar 05, 2025•Blockstream
•
CoinDesk•Feb 05, 2025•Blockstream
•
Business Wire•Jan 23, 2025•Blockstream
•
•
•
ValueWalk•Jan 09, 2025•Blockstream
•
CoinTime•Nov 21, 2024•Blockstream
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Blockstream
When was Blockstream founded?
Blockstream was founded in 2014.Where is Blockstream located?
Blockstream is located in Montreal, Canada.Is Blockstream a funded company?
Blockstream is a funded company, its first funding round was on Nov 17, 2014.When was the latest funding round of Blockstream?
Blockstream's latest funding round was on Oct 15, 2024.How much is Blockstream worth?
The latest valuation of Blockstream is $3.2B as on Aug 24, 2021.What is the annual revenue of Blockstream?
Annual revenue of Blockstream is undefined as on undefined.Is Blockstream a Blockchain Infrastructure company?
The primary sector of Blockstream is Blockchain Infrastructure.Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies- 212K+ Investors
- 580K+ Funding Rounds
- 207K+ Acquisitions
- 2.9K+ Sectors
- 57K+ Business Models
Are you a Founder ?
Explore our recently published companies
- Fine Handling - 2008 founded, Unfunded company
- Pubcare - Fukuoka based, 2020 founded, Unfunded company
- Artesian Scrubbing Bubbles - Martinsville based, Unfunded company
- Three Point O Labs - Hyderabad based, 2022 founded, Unfunded company
- All Klaipeda Hotels - Klaipeda based, 2016 founded, Unfunded company
- Grandmas Jam House - 1995 founded, Unfunded company
