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Blockfolio has raised $4.0M across 2 funding rounds.
Key people at Blockfolio.
Blockfolio has raised $4.0M in total across 2 funding rounds.
Blockfolio is a Los Angeles, California-based software company that develops a mobile application for tracking cryptocurrency portfolios. The freemium platform allows retail investors to monitor their digital asset holdings, including Bitcoin and Ethereum, across more than 8,000 distinct cryptocurrencies and over 300 global exchanges. Available on both Android and iOS operating systems, the application experienced significant user growth during the 2017 digital asset market cycle and accumulated approximately six million total downloads by 2018. In 2020, the prominent cryptocurrency exchange FTX acquired the portfolio management application for $150 million, though the platform initially continued to operate as an independent entity following the transaction. Prior to the acquisition, Edward Moncada served as the chief executive officer until January 2021 after taking over leadership duties from his co-founder. Blockfolio was founded in 2014 by Charlie Mason and Edward Moncada.
Blockfolio is a mobile cryptocurrency portfolio tracking app designed to help users monitor the value and performance of their digital assets across multiple exchanges and wallets. It supports tracking over 8,000 cryptocurrencies and tokens, with real-time price updates, charts, customizable alerts, and a news feed, all accessible through an intuitive mobile interface for iOS and Android. The app serves individual crypto investors and traders by consolidating market data and portfolio management into one platform, solving the problem of fragmented information across exchanges and wallets. Its growth momentum is strong due to its extensive asset coverage, user-friendly design, and features like Blockfolio Signal, which provides direct updates from crypto projects[1][2][3].
Blockfolio was founded in 2014, emerging early in the cryptocurrency market when investors needed a simple way to track their diverse digital holdings. The founders recognized the challenge of managing multiple assets spread across various exchanges and wallets, which led to the creation of a mobile-first app that aggregates portfolio data and market prices in real time. Early traction came from crypto enthusiasts who valued the app’s clean interface and comprehensive market coverage, quickly making it a favorite among both beginners and advanced traders[2][4].
Blockfolio rides the trend of increasing retail participation in cryptocurrency markets and the growing complexity of managing diverse digital assets. The timing of its launch and evolution coincided with the rapid expansion of the crypto ecosystem, where investors needed consolidated tools to track their portfolios efficiently. Market forces such as the proliferation of new tokens, multiple exchanges, and volatile price movements make portfolio tracking essential. Blockfolio influences the ecosystem by enhancing transparency and communication between crypto projects and their communities through its Signal feature, fostering closer engagement and informed investment decisions[1][3][5].
Looking ahead, Blockfolio is likely to continue expanding its asset coverage and enhancing user engagement features, possibly integrating more advanced analytics or trading capabilities while maintaining its core focus on portfolio tracking. Trends shaping its journey include the maturation of the crypto market, increased regulatory scrutiny, and the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs), which may require more sophisticated tracking tools. Its influence may evolve from a pure tracking app to a broader crypto management platform, deepening its role as a vital tool for retail investors navigating an increasingly complex digital asset landscape[1][3][4].
Blockfolio has raised $4.0M in total across 2 funding rounds.
Blockfolio's investors include Cipholio Ventures, Founders Fund, Fusion Fund, Robot Ventures.
Key people at Blockfolio.
Blockfolio has raised $4.0M across 2 funding rounds. Most recently, it raised $1.0M Series A in August 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2019 | $1M Series A | — | Cipholio Ventures | Announced |
| Dec 1, 2017 | $3M Seed | — | Founders Fund, Fusion Fund, Robot Ventures | Announced |
