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Blockstream - About the company

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 blockchain-based platform building crypto-financial infrastructure. 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 53 active competitors, including 17 that are funded. Its top competitors include companies like Orbs, Gnosis and Horizen.

Sectors and market segments that Blockstream operate in

Blockstream serves 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.
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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
Post Money Valuation
$3.2B as on Aug 24, 2021
Ranked
Employee Count
100 as on Mar 31, 2025
Investment & Acquisitions
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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. Blockstream has 45 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Blockstream:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 15, 2024
$210M
Series C
-
-
-
Dec 13, 2023
$5.07M
Series B
-
-
-
-
Jan 24, 2023
$125M
Series B
-
-
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Blockstream's founders and board of directors

Founder? Claim Profile
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:

Blockstream's employee count trend

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

Top competitors of Blockstream include Orbs, Gnosis and Horizen. 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
Logo for Blockstream
Blockstream
2014, Montreal (Canada), Series C
Developer of blockchain-based platform building crypto-financial infrastructure
$651M
76/100
2nd
Logo for Orbs
Orbs
2017, Tel Aviv (Israel), Series A
Infrastructure as a service via virtual chains
$15.4M
65/100
3rd
Logo for Gnosis
Gnosis
2015, Gibraltar (Gibraltar), Seed
Crypto-based financial service provider
$500K
64/100
4th
Logo for Horizen
Horizen
2017, Delaware City (United States), Funding Raised
Provides cryptocurrency and sidechain platform
-
61/100
5th
Logo for Lightning Labs
Lightning Labs
2016, San Francisco (United States), Series B
Blockchain-based sidechain network
$82.5M
60/100
6th
Logo for Horizen Labs
Horizen Labs
2018, Austin (United States), Seed
Blockchain-based infrastructure for sidechain application
$11M
51/100
7th
Logo for Boba
Boba
2021, Palo Alto (United States), Series A
Decentralized network platform for Ethereum
$45M
47/100
8th
Logo for Ark
Ark
2016, Besancon (France), Funding Raised
Cross-blockchain communication based on Lisk-fork
-
44/100
9th
Logo for Bitfinity Network
Bitfinity Network
2021, London (United Kingdom), Series A
EVM infrastructure for the internet computer
$7M
44/100
10th
Logo for OST
OST
2017, Hong Kong (China), Funding Raised
Solution for developing blockchain-based platform on sidechains
-
43/100
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Blockstream's Investments and acquisitions

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:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 22, 2026
Investments
2019
Hoboken (United States)
Oct 08, 2025
Investments
2016
San Francisco (United States)
Jul 21, 2025
Acquisition
2021
Lugano (Switzerland)
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News related to Blockstream

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Media has covered Blockstream for a total of 23 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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FAQs about Blockstream

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