Kraken has raised $1.5B across 3 funding rounds, plus 2 undated rounds. The latest round valued Kraken at $15B post-money.
Kraken has drawn investment from backers including Galaxy Digital and Cordova Ventures, helping the exchange reach a reported valuation of $10 billion. Its equities business is separately run through Kraken Securities LLC, a FINRA/SIPC member and wholly owned subsidiary of Payward, Inc., Kraken's legal parent.
3 funding rounds, the latest highlighted.
Kraken was founded in 2011, United States.
No date is disclosed for this round.
A primary round — the company sells new shares to investors it selects. $5M raised, led by Hummingbird Ventures, Bitcoin Opportunity Fund.
2,263 individual investors via special-purpose vehicle. $13.5M raised.
Investment managers, venture capitalists, Arjun Sethi via Tribe Capital. $500M raised.
No filing has been made.
3 dated rounds, newest first.
Citadel SecuritiesLEAD
DRW Venture CapitalLEAD
Hummingbird VenturesLEADBBitcoin Opportunity FundLEAD
Galaxy DigitalCCordova VenturesThe routes section explains what is realistically available for a company at this stage.
No. Kraken is a private company; its shares do not trade on a public exchange.
The last valuation is $10B.
Lead investors for each round are in the funding timeline.