Total amount raised
$1.8 Billions
Latest funding date
03/01/2022
Location
FTX has successfully raised significant funding over multiple rounds, achieving a notable valuation. The platform is known for its innovative approach to cryptocurrency trading and financial services.
Keep reading to explore the intricacies of FTX's fundraising journey and the investors backing this dynamic platform.
What Is FTX?
FTX is a prominent player in the cryptocurrency trading industry, known for its innovative financial services and advanced trading platform. The company has made significant strides in the market, attracting a diverse range of investors and users.
Founded by Sam Bankman-Fried and Gary Wang, FTX has quickly established itself as a leader in the crypto space. The company operates globally, offering a wide array of trading options and financial products to its users.
How Much Funding Has FTX Raised?
- Seed Round
- Amount Raised: -
- Date: January 2018
- Lead Investors: -
- Seed Round
- Amount Raised: $8M
- Date: August 2019
- Lead Investors: -
- Corporate Round
- Amount Raised: -
- Date: December 2019
- Lead Investors: Binance
- Series B
- Amount Raised: $1B
- Date: July 2021
- Lead Investors: Sequoia Capital
- Series B
- Amount Raised: $420.7M
- Date: October 2021
- Lead Investors: Ontario Teachers' Pension Plan, Sequoia Capital
- Series C
- Amount Raised: $400M
- Date: January 2022
- Lead Investors: SoftBank Vision Fund, Temasek Holdings
- Venture Round
- Amount Raised: -
- Date: March 2022
- Lead Investors: Naomi Osaka
FTX has raised a total of $1.8287B across its funding rounds.
Key Investors
- Sequoia Capital
- Details: Sequoia Capital is a renowned venture capital firm based in Menlo Park, California. It has a long history of investing in early-stage and growth-stage companies.
- Investment Focus Areas: Technology, healthcare, consumer services
- Notable Investments: Apple, Google, Airbnb
- SoftBank Vision Fund
- Details: SoftBank Vision Fund is one of the largest technology-focused investment funds in the world, managed by SoftBank Group. It aims to invest in market-leading, tech-enabled growth companies.
- Investment Focus Areas: Technology, telecommunications, e-commerce
- Notable Investments: Uber, WeWork, ByteDance
- Temasek Holdings
- Details: Temasek Holdings is a Singaporean investment company owned by the Government of Singapore. It has a diverse portfolio spanning various sectors and geographies.
- Investment Focus Areas: Financial services, telecommunications, transportation
- Notable Investments: Alibaba, DBS Bank, Singapore Airlines
- Ontario Teachers' Pension Plan
- Details: Ontario Teachers' Pension Plan is one of Canada's largest institutional investors, managing the retirement funds of Ontario's public school teachers. It has a global investment portfolio.
- Investment Focus Areas: Real estate, infrastructure, private equity
- Notable Investments: GFL Environmental, Camelot Group, PODS
- Binance
- Details: Binance is one of the world's largest cryptocurrency exchanges by trading volume. It offers a platform for trading various cryptocurrencies.
- Investment Focus Areas: Cryptocurrency, blockchain technology, fintech
- Notable Investments: TravelbyBit, FTX, Trust Wallet
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like FTX and gather other critical business insights.
Sign up for free to start exploring the wealth of information available at your fingertips.
