Total amount raised
$1.8 Billion
Latest funding date
2022-03-21
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 platform in the cryptocurrency trading and financial services industry. Known for its innovative approach, FTX has made significant strides in the market.
Founded by visionary leaders, FTX has quickly become a key player in the industry, attracting a substantial user base and investor interest.
How Much Funding Has FTX Raised?
- Seed Round
- Amount Raised: USD 8,000,000
- Date: January 2018
- Seed Round
- Amount Raised: USD 8,000,000
- Date: August 2019
- Corporate Round
- Date: December 2019
- Lead Investors: Binance
- Series B
- Amount Raised: USD 1,000,000,000
- Date: July 2021
- Lead Investors: Sequoia Capital
- Series B
- Amount Raised: USD 420,690,000
- Date: October 2021
- Lead Investors: Ontario Teachers' Pension Plan, Sequoia Capital
- Series C
- Amount Raised: USD 400,000,000
- Date: January 2022
- Lead Investors: SoftBank Vision Fund, Temasek Holdings
- Series Unknown
- Date: March 2022
- Lead Investors: Naomi Osaka
FTX has raised a total of USD 1,828,690,000 across all 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-driven companies.
- Investment Focus Areas: Artificial intelligence, robotics, telecommunications.
- Notable Investments: Uber, WeWork, ByteDance.
- Temasek Holdings
- Details: Temasek Holdings is a Singaporean investment company owned by the government of Singapore. It manages a diversified global portfolio.
- Investment Focus Areas: Financial services, telecommunications, media.
- 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 teachers. It has a diversified 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.
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