When was DMG founded?

DMG was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is DMG located?

DMG is headquartered in Vancouver, Canada.

How many employees does DMG have?

As of Jul 31, 2026, the latest employee count at DMG is 31.

Is DMG a funded company?

DMG is a funded company, having raised a total of $172K across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 01, 2016.

When was the latest funding round of DMG?

DMG's latest funding was a $***** Post IPO round on Apr 28, 2021, with participation from 0 investor.

Where does DMG rank among its competitors?

DMG ranks 5th amongst 494 active competitors, of which 31 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Multipli, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of DMG?

DMG's top competitors include Bitdeer, Pi Network and Riot Platforms. Among them, Multipli secured the most recent funding round in June, 2026.

DMG - 2026 Company Profile, Team, Funding & Competitors

DMG is a public company based in Vancouver (Canada), founded in 2016 by Dan Reitzik. It operates as a Blockchain and cryptocurrency mining platform. DMG has raised $172K in funding. The company has 494 active competitors, including 31 funded and 25 that have exited. Its top competitors include companies like Bitdeer, Pi Network and Riot Platforms.

Company Details

Blockchain and cryptocurrency mining platform. It provides blockchain-based platforms for supply chain, IoT, and payments industries. The company offers crypto-mining hosting services. Also offers blockchain forensic and analytics solutions.

Website: www.dmgblockchain.com/
Social
Email ID: *****@dmgblockchain.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Vancouver, Canada

Stage

Public

Total Funding

$172K in 8 rounds

Latest Funding Round

Post IPO, Apr 28, 2021, $*****

Investors

Amasia & 4 more

Ranked

5^th among 494 active competitors

Employee Count

31 as on Jul 31, 2026

Investment & Acquisitions

MeetAmi Innovations & 4 more

Similar Companies

Bitdeer & 1639 more

Exit Details

Public

View DMG's full profile

DMG is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DMG BLOCKCHAIN SOLUTIONS INC CIN: 1719754 , United States, Active	Jan 01, 2016	$5M - $25M (As on Dec 21, 2020)	-	-

DMG got listed on Feb 13, 2018.

Click here to take a look at DMG's IPO in detail

DMG has raised a total funding of $172K over 8 rounds. Its first funding round was on Mar 01, 2016. DMG has 5 institutional investors.

Here is the list of recent funding rounds of DMG:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 28, 2021	2506780	Post IPO	7043113	6409812	7085451	1901915
Mar 05, 2021	5481573	Post IPO	4878227	9314944	7469375	2752737
Dec 18, 2020	1322235	Post IPO	8854233	3043646	2518312	1656047

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View details of DMG's funding rounds and investors

The founders of DMG is Dan Reitzik.

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

Dan Reitzik: Former Founder of DMG.
Contact Info: 1 email address
Sheldon Bennett: CEO of DMG.
Contact Info: 1 email address

View details of DMG's Founder profiles and Board Members

DMG's employee count trend

DMG has 31 employees as of Jul 26. Here is DMG's employee count trend over the years:

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Top competitors of DMG include Bitdeer, Pi Network and Riot Platforms. Here is the list of Top 10 competitors of DMG, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Bitdeer 2013, Singapore (Singapore), Public	Developer of pool mining solutions for cryptocurrency	$12M	Genimous Technology, Tether & 1 others	70/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Designer Fund & 1 others	67/100
3rd	Riot Platforms 2000, Castle Rock (United States), Acquired	Platform offering bitcoin mining solutions	-	BlackRock, Fidelity Investments & 9 others	64/100
4th	Core Scientific 2017, Bellevue (United States), Acquired	AI and blockchain-based infrastructure and software solutions	$49M	BlackRock, Ibex Investors & 5 others	61/100
5th	DMG 2016, Vancouver (Canada), Public	Blockchain and cryptocurrency mining platform	$172K	Amasia, Element & 3 others	59/100
6th	Rated 2020, London (United Kingdom), Acquired	Validator rating platform for Beacon chain	$15.3M	Archetype, 1confirmation & 7 others	59/100
7th	Bitfarms 2017, Toronto (Canada), Public	Cloud mining solutions for cryptocurrency	-	Vermögensclub, Dominion Capital & 1 others	58/100
8th	BitFuFu 2020, Shanghai (China), Public	Cloud mining platform for cryptocurrencies	-	BITMAIN	56/100
9th	OneMiners 2021, Austin (United States), Unfunded	ASIC miner hosting and crypto miner seller	-	-	53/100
10th	Multipli 2023, San Francisco (United States), Series A	Platform providing cross-chain secure yield farming solutions	$21.5M	Elevation Capital, Pantera Capital & 4 others	53/100

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DMG has not made any acquisitions yet. DMG has made 5 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 16, 2026	Investments	MeetAmi Innovations	2019	Vancouver (Canada)
Jul 16, 2026	Investments	Atomic47 Labs	2018	Kelowna (Canada)
May 18, 2022	Investments	INX	2010	Gibraltar (Gibraltar)