FalconX - About the company
FalconX is a series D company based in San Francisco (United States), founded in 2018 by Prabhakar Reddy and Raghu Yarlagadda. It operates as an Online platform offering cryptocurrency trading and investment solutions for institutions. FalconX has raised $430M in funding from investors like B Capital, Accel and American Express, with a current valuation of $8B. The company has 1711 active competitors, including 270 funded and 52 that have exited. Its top competitors include companies like BitGo, Luno and Coins.ph.
Sectors and market segments that FalconX operate in
FalconX serves in the FinTech, Blockchain Technology market segments.The primary business model of FalconX are:Company Details
Online platform offering cryptocurrency trading and investment solutions for institutions. It offers a fully comprehensive solution built specifically for institutions. It enables users to buy and sell digital assets through encrypted networks. It also provides trade execution, trading insights, market updates, crypto industry news, credit and treasury management, market making, and more.
- Website
- www.falconx.io/
- Social
- Email ID
- *****@falconx.io
Key Metrics
Founded Year
2018
Location
San Francisco, United States
Stage
Series D
Total Funding
$430M in 7 rounds
Latest Funding Round
Post Money Valuation
$8B as on Jun 19, 2025
Ranked
5th among 1711 active competitors
Employee Count
604 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with FalconX
FalconX is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FALCONX DELTA, INC. CIN: 6095665 , United States, Active | Jul 19, 2021 | - | - | - |
FALCON X LTD CIN: 15207390 , United Kingdom, Active | Oct 11, 2023 | - | - |
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FalconX's funding and investors
FalconX has raised a total funding of $430M over 7 rounds. Its first funding round was on 2018. Its latest funding round was a Series D round on Jun 22, 2022 for $150M. 6 investors participated in its latest round. FalconX has 28 institutional investors.
Here is the list of recent funding rounds of FalconX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 22, 2022 | $150M | Series D | $8B | - | ||
Aug 10, 2021 | $210M | Series C | $3.75B | - | ||
Mar 11, 2021 | $50M | Series B | $675M | - |
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FalconX's founders and board of directors
Founder? Claim ProfileThe founders of FalconX are Prabhakar Reddy and Raghu Yarlagadda. Raghu Yarlagadda is the CEO of FalconX.
Here are the details of FalconX's key team members:
- Prabhakar Reddy: Co-Founder & COO of FalconX and founder of 1 other company. They are also an angel investor in 10 startups.Contact Info: 2 email addresses
- Raghu Yarlagadda: Co-Founder & CEO of FalconX. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of FalconX's Founder profiles and Board Members
FalconX's employee count trend
FalconX has 604 employees as of Aug 26. Here is FalconX's employee count trend over the years:
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FalconX's Competitors and alternates
Top competitors of FalconX include BitGo, Luno and Coins.ph. Here is the list of Top 10 competitors of FalconX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BitGo 2013, Palo Alto (United States), Public | Platform that offers crypto based financial services | $170M | 81/100 | |
2nd | _1587622150601.png?devicePixelRatio=2&height=30&width=30){kind=logo} Luno 2013, London (United Kingdom), Acquired | App-based platform for crypto wallet and investments | $13M | 80/100 | |
3rd | Coins.ph 2014, Pasig (Philippines), Acquired | Digital wallet for Bitcoin assets | $40M | 80/100 | |
4th |  Consensys 2014, Fort Worth (United States), Series D | Developer of blockchain and web3 software platform | $725M | 80/100 | |
5th |  FalconX 2018, San Francisco (United States), Series D | Online platform offering cryptocurrency trading and investment solutions for institutions | $430M | 79/100 | |
6th | Amber Group 2017, Singapore (Singapore), Series C | Provider of blockchain-based financial solutions | $628M | 77/100 | |
7th | AVA 2018, Brooklyn (United States), Series B | Blockchain platform for smart contracts and custom subnets | $368M | 75/100 | |
8th |  River Financial 2019, San Francisco (United States), Series B | Blockchain focused investment firm | $70M | 74/100 | |
9th |  BlockFi 2017, Jersey City (United States), Acquired | Online platform for trading, crypto-backed loans, interest accounts, and wallets | $466M | 74/100 | |
10th |  Matrixport 2019, Singapore (Singapore), Series C | App-based platform offering crypto investment products and financial services solutions | $129M | 73/100 |
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FalconX's Investments and acquisitions
FalconX has made 27 investments in companies including Blueprint Finance and Nava. FalconX has also acquired 3 companies including Bloxroute and 21Shares.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 19, 2026 | Investments | 2022 | San Francisco (United States) | |
Jul 16, 2026 | Acquisition | 2017 | Evanston (United States) | |
Apr 14, 2026 | Investments | 2026 | Bellevue (United States) |
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Reports related to FalconX
Here is the latest report on FalconX's sector:
News related to FalconX
Filter this listMedia has covered FalconX for a total of 47 events in the last 1 year, 11 of them have been about company updates and 7 about partnerships.
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Solo GP Jed Breed Raises $15 Million for Second Early-Stage Crypto FundCryptocurrency•Sep 22, 2026•FalconX, Breed
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FalconX asks SEC to bring single-stock perpetuals from DeFi under swap rulesCryptoSlate•Aug 25, 2026•FalconX
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Hivemind Digital Group Completes $17 Million Strategic Funding Round Led by M&G InvestmentsGlobal Fintech Series•Aug 25, 2026•M&G, Hivemind Capital, FalconX, ZA and 1 other
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Blockchain Networking Start-up bloXroute Acquired by FalconXCryptocurrency•Aug 14, 2026•Bloxroute, FalconX
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FalconX Acquires bloXroute to Accelerate the Future of Onchain Capital MarketsPR Newswire•Jul 15, 2026•Bloxroute, FalconX, Goodwin
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Taurus Welcomes FalconX to Taurus-NETWORK to Enhance Liquidity and Financing SolutionsFintech Finance•Jun 16, 2026•Taurus, FalconX
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EtherFi Allocates $100M Exclusively into Plume RWA VaultGlobal Fintech Series•Jun 05, 2026•ether.fi, Plume, Fidelity Investments, FalconX and 1 other
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