Blockchain Funding Trends – Q1 2017

The following graphs highlight recent trends in Bitcoin and Blockchain funding activity.

Blockchain Startup Funding by Year
Blockchain Startup Funding by Year

The above graph summarizes the total funding raised by Blockchain startups for each year. 2016 is the best year so far with around $700M in funding. 2015 comes in at second place with just over $600M in funding.

bitcoin-vintage-funding
Blockchain Startup Vintage Funding

The above graph summarizes the total amount of funding raised by Blockchain companies founded in a certain year. Companies founded in 2014 have raised the most funding at just under $500M, followed by those founded in 2013 which have raised about $440M.

We are currently tracking 896 Bitcoin and Blockchain companies in 12 categories across 74 countries, with a total of $1.9 Billion in funding. Click here to learn more about the full Bitcoin report and database.

Bitcoin/Blockchain Startup Landscape Trends and Insights – Q1 2017

A report providing an overview of the Bitcoin/Blockchain startup landscape, graphical trends and insights, and recent funding and exit events. Click here to see this entire deck on our new blog.

We are currently tracking 893 Bitcoin and Blockchain companies in 12 categories across 74 countries, with a total of $1.9 Billion in funding. Click here to learn more about the full Bitcoin and Blockchain landscape report and database.

Bitcoin/Blockchain Exits by Category and by Year – Q4 2016

Exit Activity by Category in Bitcoin/Blockchain
Exit Activity by Category in Bitcoin/Blockchain

The above graph summarizes the number of exits (acquisitions and IPOs) in each Bitcoin/Blockchain category. The Bitcoin Exchanges and Bitcoin News/Data categories are leading the sector with 7 acquisitions each.

bitcoin-blockchain-exits-by-year
Exit Activity by Year in Bitcoin/Blockchain
The above graph summarizes the number of exits (acquisitions and IPOs) in the Bitcoin/Blockchain sector by year. 2015 leads the sector with 12 acquisitions.

We are currently tracking 890 Bitcoin and Blockchain companies in 12 categories across 74 countries, with a total of $1.8 Billion in funding. Click here to learn more about the full Bitcoin and Blockchain landscape report and database.

Average Age by Bitcoin/Blockchain Category – Q4 2016

Blockchain Startup Average Age

The above graph summarizes the average age of companies in each Bitcoin and Blockchain category. The Bitcoin Infrastructure category has both the highest average ages, at around 4.5 years. Other mature categories include Bitcoin News and Data, Bitcoin Gambling, and Bitcoin Exchanges.

We are currently tracking 888 Bitcoin and Blockchain companies in 12 categories across 74 countries, with a total of $1.9 Billion in funding. Click here to learn more about the full Bitcoin and Blockchain landscape report and database.

Bitcoin/Blockchain Funding by Type – Q4 2016

The following two graphs summarize the types of funding going into the Bitcoin/Blockchain space.

Bitcoin/Blockchain Funding by Type by Year - Funding Amount
Bitcoin/Blockchain Funding by Type by Year – Funding Amount

The graph above shows the total amount of VC funding broken out by type. In recent years, early to mid-stage funding type events (Seed, Series A, B, and C) have accounted for a substantial amount of total funding.

bitcoin-blockchain-funding-by-type-count
Bitcoin/Blockchain Funding by Type by Year – Event Count
The graph above shows the total count of funding events broken out by type. The general trend over the past few years has been a substantial number of funding events in the Seed stage and a fewer number in the Series A stage, with the funding events in the later stages quickly dropping off.

We are currently tracking 885 Bitcoin/Blockchain Technology companies in 12 categories across 74 countries, with a total of $1.8 Billion in funding. Click here to learn more about the full Bitcoin/Blockchain landscape report and database.

Bitcoin/Blockchain Category Innovation Quadrant – Q4

Bitcoin/Blockchain Category Innovation Quadrant
Bitcoin/Blockchain Category Innovation Quadrant
Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Bitcoin/Blockchain categories and how they compare with one another.

  • Heavyweights: Categories with high average funding and high average age. These categories are comprised of companies that have reached maturity with significant financing.
  • Established: Categories with low average funding and high average age. These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: Categories with high average funding and low average age. These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: Categories with low average funding and low average age. These categories are comprised of companies that are less mature with earlier stages of financing.
The definitions of the Bitcoin/Blockchain categories represented in the above Innovation Quadrant are as follows:

Bitcoin Big Data: Companies that develop tools to review, parse, and analyze activity on the public ledger to increase transparency. Examples include monitoring wallets, advanced search filtering, and trend analysis.

Bitcoin Exchanges: Companies that allow users to buy and sell crypto-currencies, provide market analytics, and allow for the implementation of sophisticated trading strategies. Examples include simple consumer-oriented solutions, marketplaces to match buyers and sellers, and broker/dealers that make their own market and trade on their own inventory.

Bitcoin Financial Services: Companies that provide typical banking services using bitcoin technology. Examples include offering financial investment advice on how to manage your portfolio of crypto-currencies, providing remittance payments, and providing loans denominated in bitcoin.

Bitcoin Gambling: Companies that offer gambling opportunities using bitcoin. Examples include online casinos, and white-label game developers.

Bitcoin Infrastructure: Companies that are building the functionality that supports the continued development and expansion of the bitcoin ecosystem. Examples includes organizations responsible for maintaining the open-source code, offering white-label solutions for common bitcoin functions (such as wallets or exchanges), and the physical-world bitcoin Automated Teller Machines (ATMs).

Bitcoin Mining: Companies that develop and operate the computer hardware associated with processing bitcoin transactions (known as “mining”). Examples include the production of bespoke ASIC computers, large scale mining rig operators, and cloud mining pool software.

Bitcoin News and Data Services: Companies that provide news and data around the bitcoin ecosystem. Examples include organizations that offer up-to-date pricing information, original content, and aggregated sources of bitcoin-related news.

Bitcoin Payments: Companies that enable merchants and consumers to pay for real world goods and services using bitcoin as the medium of exchange. Examples include mobile payments via apps, Point-of-Sale terminals pre-built with bitcoin options, and developers of enterprise-level solutions.

Bitcoin Services: Bitcoin services include companies that offer typical business services (such as consulting, security, etc.), but with a bitcoin focus. Examples include recruiting, regulatory compliance, and technical implementation.

Bitcoin Trust and Verification Services: Companies that help verify a bitcoin user’s identity for regulatory purposes. Examples include identity verification for anti-fraud, anti-money laundering, and anti-terror financing laws.

Bitcoin Wallets: Companies that offer consumers a place to securely store their bitcoins. Examples include cold storage solutions, multi-step authentication, and insuring the deposits.

Blockchain Innovations: Companies that are working on blockchain distributed ledger technologies. Examples include increased settlement speed for financial transactions between banks, smart self-enforcing contracts, and cross-blockchain interoperability.

We are currently tracking 875 Bitcoin/Blockchain Technology companies in 12 categories across 73 countries, with a total of $1.8 Billion in funding. Click here to learn more about the full Bitcoin/Blockchain landscape report and database.

Venture Investing In Blockchain – Q4 2016

Venture Investing in Blockchain

The above graph compares the total venture funding in each Bitcoin and Blockchain category to the number of companies in the category. Blockchain Innovation category leads the sector in the Total Funding stat with around $800M in funding. The Bitcoin Exchanges category leads in the Company Count stat over 200 companies.

We are currently tracking 888 Bitcoin and Blockchain companies in 12 categories across 74 countries, with a total of $1.85 Billion in funding. Click here to learn more about the full Bitcoin and Blockchain report and database.