Total raised
$90.5M
Last: Series B 2022-04
Stage
Series B
Founded
2018
Headcount
60
HQ
Evanston, United States
Sector
Fintech & Insurtech
About
Bloxroute is a blockchain technology company that provides a network infrastructure solution for blockchains. The company's software aims to improve the performance, scalability, and security of blockchains by enabling faster and more efficient propagation of blocks and transactions between nodes. Bloxroute uses a proprietary technology called Blockchain Distribution Network to deliver blocks and transactions to nodes in a more efficient and timely manner. This technology allows blockchains to process a higher number of transactions per second while maintaining decentralization and security.
Funding history · 5 rounds · $90.5M total
2022-04
Series B
$70.0M
2021-07
Undisclosed
$9.0M
2019-03
Series B
$10.0M
2018-06
Series A
Undisclosed
2018-03
Seed
$1.6M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was bloXroute Labs founded?
- bloXroute Labs was founded in June 2018.
- What is bloXroute Labs' primary business?
- bloXroute Labs is a blockchain technology company that provides a network infrastructure solution to improve the performance, scalability, and security of blockchains through its Blockchain Distribution Network.
- How much funding has bloXroute Labs raised in total?
- bloXroute Labs has raised a total of $90,550,000 USD across multiple funding rounds.
- When did bloXroute Labs raise its Seed round and who were some of the investors?
- In March 2018, bloXroute Labs raised a Seed round of $1,550,000. Investors included 1Confirmation and Blindspot Ventures.
- Which investors participated in bloXroute Labs' Series A round in June 2018?
- Investors in bloXroute Labs' Series A round in June 2018 included MetaStable Capital and Flybridge Capital Partners.
- When did bloXroute Labs complete its Series B round and which investors participated?
- In March 2019, bloXroute Labs completed a Series B round of $10,000,000. Investors included 1Confirmation and Fenbushi Capital.
- What was the most recent funding round for bloXroute Labs and who led it?
- The most recent funding round for bloXroute Labs was a Series B in April 2022, which raised $70,000,000. This round was led by SoftBank Vision Fund 2.
- How many employees does bloXroute Labs currently have?
- bloXroute Labs currently has between 51 and 200 employees.
- Who are the founders of bloXroute Labs?
- The founders of bloXroute Labs are Uri Klarman, Eyal Markovich, and Aleksandar Kuzmanovic.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & InvestingMoney Transfer & Management
Technologies
Platforms & InterfacesAPISoftware
Target customers
Enterprise & Professional ServicesEnterprisesSoftware DevelopmentMobile Software DevelopmentFinancial ServicesInvestment & Portfolio ManagementTradingFinancial ProductsVirtual Currencies
Business model
B2B
Tags
apidefifintechtradingsaassoftware-definedcdnblockchain