Sectors · Finance & Capital

Crypto / Web3

Private financing across Crypto / Web3, aggregated from public sources.

Crypto / Web3 is a subsector of Finance & Capital. Zoom out to read the whole macro sector $83.5B raised across 3,261 companies.

$7.4B
Capital raised
196
Companies
202
Rounds
2009
First on record
2026-03-16
Latest round

Accelerating Crypto / Web3 drew $2.0B over the last 12 months, up 222% versus the prior 12 ($630.4M). Of 98 companies rankable against same-niche peers, 21% model over-valued and 22% under-valued.

Capital flow over time

Quarterly capital raised across Crypto / Web3.

2009-Q3 · $635K2009-Q32011-Q1 · $489K2011-Q2 · $155K2011-Q3 · $580K2011-Q4 · $2.8M2011-Q42013-Q2 · $750K2015-Q1 · $2.1M2015-Q2 · $1.9M2016-Q1 · $1.8M2016-Q12017-Q1 · $60.0M2017-Q2 · $2.3M2017-Q3 · $3.0M2017-Q4 · $22.9M2017-Q42018-Q1 · $27.9M2018-Q2 · $16.8M2018-Q3 · $236.4M2018-Q4 · $81.0M2018-Q42019-Q1 · $706.2M2019-Q2 · $31.9M2019-Q3 · $819.8M2020-Q1 · $15.0M2020-Q12020-Q2 · $5.6M2020-Q3 · $138.4M2020-Q4 · $17.3M2021-Q1 · $459.4M2021-Q12021-Q2 · $95.0M2021-Q3 · $960.1M2021-Q4 · $254.9M2022-Q1 · $627.3M2022-Q12022-Q2 · $24.3M2022-Q3 · $55.8M2022-Q4 · $24.8M2023-Q1 · $5.3M2023-Q12023-Q2 · $1.0M2023-Q3 · $11.3M2024-Q1 · $21.0M2024-Q2 · $20.8M2024-Q22024-Q3 · $179.0M2024-Q4 · $39.4M2025-Q1 · $3.0M2025-Q2 · $409.0M2025-Q22025-Q3 · $1.7B2025-Q4 · $282.4M2026-Q1 · $63.5M
Median round size by stage
StageMedian roundRounds
Growth/Late$486.2M5
Series D+$160.0M17
Series C$60.0M9
Series B$16.5M19
Series A$8.5M40
Seed$2.0M58
Pre-Seed$342K54
Top-funded companies
CompanyStageRaisedModeled value
Hedera Hashgraph, LLC
RICHARDSON
Growth/Late$800.6M$27.4B
Forward Industries, Inc.
HAUPPAUGE
Growth/Late$1.7B$15.3B
Bluefin Topco, Llc
SAN FRANCISCO
Series D+$700.0M$14.7B
Circle International Bermuda Ltd
HAMILTON
Growth/Late$486.2M$14.4B
ConsenSys Software Inc.
BROOKLYN
Growth/Late$600.8M$10.0B
Gear Blockchain, Inc
CHRIST CHURCH
Series C$100.0M$3.8B
Eastern Blockchain Technology Ltd.
KOWLOON
Series C$100.0M$3.8B
Life Code Global Blockchain Technology Cloud Service & Datacenters Providers LLC
HOUSTON
Series C$100.0M$3.6B
Lucid Holdings, LLC
NEW ORLEANS
Series C$64.2M$2.3B
Payward, Inc.
Cheyenne
Series D+$703.3M$1.8B
Applied Blockchain, Inc.
DALLAS
Series D+$210.6M$1.6B
One River Digital Asset Management ,LLC
COS COB
Series C$51.5M$1.0B
Vortex Blockchain Technologies Inc.
DES MOINES
Series C$90.8M$948.9M
Provenance Blockchain, Inc.
SAN FRANCISCO
Series B$20.0M$735.6M
Blockdaemon Inc.
LOS ANGELES
Series D+$412.4M$666.8M
Dmg Blockchain Solutions Inc
CHRISTINA LAKE
Series C$67.9M$594.7M
BitfxtSeries A$15.0M$502.5M
HIVE Blockchain Technologies Ltd.
VANCOUVER
Series A$16.4M$398.2M
Blockchain Assets AI, Inc.
NAMPA
Series A$10.0M$335.0M
Island Peak Blockchain Pte.Ltd.
SINGAPORE
Series A$10.0M$335.0M
Related sectors

Browse all sectors or the full company rankings.

Frequently asked
How much venture funding has the Crypto / Web3 sector raised?
Companies in Crypto / Web3 have raised approximately $7.4B across 202 recorded financing rounds among 196 companies, aggregated from public sources.
Is Crypto / Web3 venture funding growing?
Crypto / Web3 funding is currently accelerating: capital raised over the last 12 months was up 222% versus the prior 12 months.
What is the typical round size in Crypto / Web3?
Median disclosed round sizes in Crypto / Web3 by stage are: Growth/Late $486.2M, Series D+ $160.0M, Series C $60.0M, Series B $16.5M. These are medians across recorded rounds, not averages.
Which are the most-funded Crypto / Web3 companies?
The most-funded Crypto / Web3 companies in our coverage include Hedera Hashgraph, LLC, Forward Industries, Inc., Bluefin Topco, Llc, Circle International Bermuda Ltd, ConsenSys Software Inc.. See the full ranked table for disclosed capital and modeled valuations.
When did Crypto / Web3 funding activity begin in this data?
The earliest recorded Crypto / Web3 financing in our coverage dates to 2009, with the most recent round around 2026-03-16.
Crypto / Web3 venture funding — $7.4B raised · Provath