When was Blockstream founded?

Blockstream was founded in 2014 and became a unicorn in 2021.

Where is Blockstream located?

Blockstream is headquartered in Montreal, Canada. It is registered at Mountain View, California.

Who is the current CEO of Blockstream?

Adam Back of Blockstream. They have also founded 1 company and are angel investors in 2 startups.

How many employees does Blockstream have?

As of Mar 31, 2025, the latest employee count at Blockstream is 100.

Is Blockstream a funded company?

Blockstream is a funded company, having raised a total of $651M across 8 funding rounds to date. The company's 1st funding round was a $21M Seed round, raised on Nov 17, 2014.

How much is Blockstream worth?

The latest valuation of Blockstream is $3.2B as of Aug 24, 2021.

When was the latest funding round of Blockstream?

Blockstream's latest funding was a $210M Series C round on Oct 15, 2024, with participation from 1 investor. Its primary sector is Blockchain Infrastructure. Globally, the Blockchain Infrastructure sector has seen $2.13B in funding in 2026 to date.

Is Blockstream a Blockchain Infrastructure company?

The primary sectors of Blockstream are Blockchain Infrastructure and Cryptocurrencies.

Where does Blockstream rank among its competitors?

Blockstream ranks 2nd amongst 195 active competitors, of which 35 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Blockstream, which secured $210M in Oct, 2024.

Who are the top competitors of Blockstream?

Blockstream's top competitors include Ledger, Coolwallet and Tangem. Among them, Blockstream secured the most recent funding round in October, 2024.

Blockstream - 2026 Company Profile, Team, Funding & Competitors

Blockstream is a series C company based in Montreal (Canada), founded in 2014 by Adam Back and Austin Hill. It operates as a Developer of cryptocurrency infrastructure software and open source hardware wallets. Blockstream has raised $651M in funding from investors like Reid Hoffman, Khosla Ventures and Horizons Ventures, with a current valuation of $3.2B. The company has 195 active competitors, including 35 funded and 3 that have exited. Its top competitors include companies like Ledger, Coolwallet and Tangem.

Sectors and market segments that Blockstream operate in

Blockstream serves in the High Tech, Blockchain Technology, FinTech market segments.The primary business model of Blockstream are:

Company Details

Developer of cryptocurrency infrastructure software and open source hardware wallets. Systems built for the bitcoin network include non custodial applications, security technology, and decentralized financial tools. These products facilitate peer to peer transactions and address scaling requirements through satellite transmissions and sidechain implementations. Hardware security devices assist individuals with self custody management. The architecture aims to reduce reliance on third party financial institutions by utilizing cryptographic proof and distributed systems protocols.

Website: blockstream.com
Social
Email ID: *****@blockstream.com
Part Of
Registered Address: Mountain View, California

Key Metrics

Founded Year

2014

Location

Montreal, Canada

Stage

Series C

Total Funding

$651M in 8 rounds

Latest Funding Round

Series C, Oct 15, 2024, $210M

Post Money Valuation

$3.2B as on Aug 24, 2021

Investors

Reid Hoffman & 47 more

Ranked

2^nd among 195 active competitors

Employee Count

100 as on Mar 31, 2025

Investment & Acquisitions

ZBDPay & 7 more

Similar Companies

Ledger & 301 more

View Blockstream's full profile

Blockstream is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
agarrar trade s.r.o. CIN: 03757358 , Czech Republic, Active	Jan 29, 2015	-	-
BLOCKSTREAM USA CORP CIN: 300836959 , United States, Active	Dec 26, 999	-	29 (As on Dec 31, 2024)	-

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. Blockstream has 46 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Blockstream:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 15, 2024	$210M	Series C	-	-	Fulgur Ventures	-
Dec 13, 2023	$5.07M	Series B	-	-	-	-
Jan 24, 2023	$125M	Series B	-	-	Kingsway Capital	Fulgur Ventures

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View details of Blockstream's funding rounds and investors

The founders of Blockstream are Adam Back and Austin Hill. Adam Back is the CEO of Blockstream.

Here are the details of Blockstream's key team members:

Adam Back: Co-Founder & CEO of Blockstream. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Austin Hill: Former Co-Founder of Blockstream and founder of 5 other companies, including Luffa, Montreal Startup and Brudder Ventures. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Blockstream's Founder profiles and Board Members

Blockstream's employee count trend

Blockstream has 100 employees as of Mar 25. Here is Blockstream's employee count trend over the years:

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Top competitors of Blockstream include Ledger, Coolwallet and Tangem. Here is the list of Top 10 competitors of Blockstream, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ledger 2014, Paris (France), Series C	Blockchain based hardware wallet for cryptocurrency	$575M	10T, Samsung & 71 others	81/100
2nd	Blockstream 2014, Montreal (Canada), Series C	Developer of cryptocurrency infrastructure software and open source hardware wallets	$651M	Baillie Gifford, AME Cloud Ventures & 46 others	76/100
3rd	Coolwallet 2014, Taipei (Taiwan), Series A	Hardware wallet for cryptocurrencies	$13.5M	SBI Group, Kyber Capital & 4 others	66/100
4th	Tangem 2017, Zug (Switzerland), Series A	Provider of NFC-enabled hardware wallet for cryptocurrency storage	$23M	SBI Group, Shima Capital	65/100
5th	Orbs 2017, Tel Aviv (Israel), Series A	Developer of decentralized protocols providing execution services for trading platforms	$15.4M	VestChain Capital, Outlier Ventures & 3 others	65/100
6th	Gnosis 2015, Gibraltar (Gibraltar), Seed	Crypto-based financial service provider	$500K	Bixin Ventures, NGC Ventures & 12 others	64/100
7th	TREZOR 2013, Prague (Czech Republic), Funding Raised	A Bitcoin Hardware Wallet	-	Europa	61/100
8th	Lightning Labs 2016, San Francisco (United States), Series B	Developer of infrastructure software for the bitcoin lightning payment network	$82.5M	Craft Ventures, Digital Currency Group & 29 others	60/100
9th	Horizen 2017, Delaware City (United States), Funding Raised	Provides cryptocurrency and sidechain platform	-	Reqcap, Akwan & 1 others	56/100
10th	NGRAVE 2018, Brussels (Belgium), Series A	Hardware wallet solution for cryptocurrencies	$6.49M	Binance Labs, EIC Fund & 12 others	53/100

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Blockstream has made 3 investments in companies including ZBDPay and Jiko. Blockstream has also acquired 5 companies including Elysium Lab and Spondoolies Tech.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 22, 2026	Investments	ZBDPay	2019	Hoboken (United States)
Oct 08, 2025	Investments	Jiko	2016	San Francisco (United States)
Jul 21, 2025	Acquisition	Elysium Lab	2021	Lugano (Switzerland)