When was Riot Platforms founded?

Riot Platforms was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Where is Riot Platforms located?

Riot Platforms is headquartered in Castle Rock, United States.

How many employees does Riot Platforms have?

As of Sep 30, 2026, the latest employee count at Riot Platforms is 8.

Is Riot Platforms a funded company?

Riot Platforms is a funded company, having raised an undisclosed amount across 9 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Oct 09, 2007.

How much is Riot Platforms worth?

The last known valuation of Riot Platforms was $***** as of Jan 07, 2025.

When was the latest funding round of Riot Platforms?

Riot Platforms' latest funding was a $***** Post IPO round on Dec 16, 2024, with participation from 0 investor.

What is the annual revenue of Riot Platforms?

Annual revenue of Riot Platforms is between $500M and $1B as on Dec 31, 2025

Where does Riot Platforms rank among its competitors?

Riot Platforms ranks 3rd amongst 525 active competitors, of which 30 are funded. It stands 7th 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 Riot Platforms?

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

Riot Platforms - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Website: www.riotplatforms.com/
Social

Key Metrics

Founded Year

2000

Location

Castle Rock, United States

Stage

Acquired

Latest Funding Round

Post IPO, Dec 16, 2024, $*****

Last Known Valuation

$***** as on Jan 07, 2025

Investors

Fidelity Investments & 10 more

Ranked

3^rd among 525 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

8 as on Sep 30, 2026

Investment & Acquisitions

Block Mining & 1 more

Similar Companies

Bitdeer & 1698 more

Exit Details

Acquired by Venaxis (Sep 12, 2016)

View Riot Platforms' full profile

Riot Platforms is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RIOT PLATFORMS, INC. CIN: 32049231643 , United States, Active	Jul 23, 2021	-	-	-
RIOT PLATFORMS, INC. CIN: 1167419 , United States, Active		$500M - $1B (As on Dec 31, 2025)	3 (As on Dec 31, 2020)	-
BIOPTIX, INC. CIN: 841553387 , United States, Active	Dec 31, 2002	$0 - $1M (As on Dec 31, 2016)	646 (As on Dec 31, 2024)	-

Riot Platforms got acquired by Venaxis on Sep 12, 2016.

Click here to take a look at Riot Platforms's acquisition in detail

Riot Platforms has raised funding over 9 rounds. Its first funding round was on Oct 09, 2007. Riot Platforms has 11 institutional investors.

Here is the list of recent funding rounds of Riot Platforms:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 16, 2024	7918406	Post IPO	9285769	6937731	1412428	4222941
Jul 12, 2023	6487879	Post IPO	3726024	8980680	7648803	Vanguard
Feb 12, 2019	3378489	Post IPO	8524083	4351860	5495772	1090785

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View details of Riot Platforms's funding rounds and investors

Riot Platforms' employee count trend

Riot Platforms has 8 employees as of Sep 26. Here is Riot Platforms's employee count trend over the years:

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Top competitors of Riot Platforms include Bitdeer, Pi Network and Core Scientific. Here is the list of Top 10 competitors of Riot Platforms, 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, Ulu Ventures & 1 others	67/100
3rd	Riot Platforms 2000, Castle Rock (United States), Acquired	Platform offering bitcoin mining solutions	-	Fidelity Investments, BlackRock & 9 others	64/100
4th	Core Scientific 2017, Bellevue (United States), Acquired	AI and blockchain-based infrastructure and software solutions	$49M	Ibex Investors, BITMAIN & 5 others	62/100
5th	Rated 2020, London (United Kingdom), Acquired	Validator rating platform for Beacon chain	$15.3M	Archetype, 1confirmation & 7 others	59/100
6th	DMG 2016, Vancouver (Canada), Public	Blockchain and cryptocurrency mining platform	$172K	Amasia, Plug and Play Tech Center & 3 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	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
10th	OneMiners 2021, Austin (United States), Unfunded	ASIC miner hosting and crypto miner seller	-	-	53/100