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Blockfills Closes $37 Million Series A Funding Round To Continue Global Expansion And Scale Existing Core Verticals
PRIVATEJan 19, 2022•over 4 years ago
Amount Raised
$37 Million
Round Type
Series A
ChicagoDescription
BlockFills, a fast-growing global digital asset trading and financial technology company, announced the completion of a Series A funding round totaling $37 million. The round was led by institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6E, Nexo Inc. and several other institutional investors and funds. This is the second multimillion-dollar funding round since the company’s founding in 2018
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Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech