Messari is in the process of raising $35 million. The analytics company’s valuation following the round could rise to $300 million, The Block reports, citing sources.
According to sources, several potential investors have already expressed interest in investing in Messari.
Founder Ryan Selkis declined to comment on the potential round. He stressed that the company does not need money and “not a single cent of investor capital has been spent in scaling to 130 people”.
“We are continuing to build the largest crypto-information business on a subscription basis, and we are focused on preparing the release of a set of new products at Mainnet (the conference organised by Messari) this September,” Selkis told the publication.
In the autumn of 2019 the company raised $4 million from Uncork Capital, Blockchain Capital, CoinFund, Coinbase Ventures and others.
In August 2021 Messari closed a Series A round for $21 million. The startup was backed by billionaire Steve Cohen through Point72 Ventures, Alameda Capital, Galaxy Digital, crypto funds CMS Holdings, Nascent, Underscore VC and early investors.
Earlier, Messari and Dove Metrics assessed the volume of funding for blockchain startups for January–June 2022 at $30.3 billion. More than a third of the funds in 1,199 investment rounds were raised by the centralised finance sector.
Follow ForkLog’s Bitcoin news on our Telegram — crypto news, prices and analytics.