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.
- Website
- blockstream.com
- Email ID
- *****@blockstream.com
- 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
Investors
Ranked
1st among 53 active competitors
Employee Count
100 as on Mar 31, 2025
Legal entities associated with Blockstream
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) | - |
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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:
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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 | - | - | - | |
Dec 13, 2023 | $5.07M | Series B | - | - | - | - |
Jan 24, 2023 | $125M | Series B | - | - |
View details of Blockstream's funding rounds and investors
Blockstream's founders and board of directors
Founder? Claim ProfileHere 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 StandOutJobs. They are also an angel investor in 1 startup.
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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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockstream 2014, Montreal (Canada), Series C | Developer of blockchain-based platform building crypto-financial infrastructure | $651M | 76/100 | |
2nd | Infrastructure as a service via virtual chains | $15.4M | 65/100 | ||
3rd | Crypto-based financial service provider | $500K | 64/100 | ||
4th | Horizen 2017, Delaware City (United States), Funding Raised | Provides cryptocurrency and sidechain platform | - | 61/100 | |
5th | Lightning Labs 2016, San Francisco (United States), Series B | Blockchain-based sidechain network | $82.5M | 60/100 | |
6th | Horizen Labs 2018, Austin (United States), Seed | Blockchain-based infrastructure for sidechain application | $11M | 51/100 | |
7th | Boba 2021, Palo Alto (United States), Series A | Decentralized network platform for Ethereum | $45M | 47/100 | |
8th | Cross-blockchain communication based on Lisk-fork | - | 44/100 | ||
9th | Bitfinity Network 2021, London (United Kingdom), Series A | EVM infrastructure for the internet computer | $7M | 44/100 | |
10th | Solution for developing blockchain-based platform on sidechains | - | 43/100 |
Looking for more details on Blockstream's competitors? Click here to see the top ones
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:
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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) |
See all acquisitions by Blockstream
News related to Blockstream
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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Zbd Announces $40m Series C To Bring Real-money Payments And Rewards Natively Into Video Gamesintelligence360•Feb 09, 2026•Blockstream, ZBDPay
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ZBD secures $40m Series C to fuel growth in game and app paymentsPocket Gamer•Jan 22, 2026•ZBD, Blockstream, TapNation, Bitcoin and 1 other
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Jiko Announces Strategic Investments from Key Industry Players Including Coinbase and Blockstream Capital PartnersThe Joplin Globe•Oct 07, 2025•Jiko, Blockstream, Coinbase, CipherOwl and 5 others
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Blockstream, Safeheron, and EchoX Host Financial Leadership Summit in Tokyo APACPR Newswire•Sep 17, 2025•Blockstream
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EchoX Secures Asian Investment from Adam Back, Boosting Blockchain InfrastructurePR Newswire•Sep 04, 2025•Safeheron, EchoX, Blockstream
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