Chainalysis Lands $170M in Series F Funding

Chainalysis, a leading blockchain data platform, has raised $170 million in Series F Round led by GIC, Singapore's sovereign wealth fund, with participation from existing investors Accel, Blackstone, Dragoneer and FundersClub, as well as new investors Bank of New York Mellon and Emergence Capital, bringing its valuation to $8.6 billion.

Co-founded by Michael Gronager and Jonathan Levin in 2014, Chainalysis is headquarted in New York City and fouses on blockchain analysis. The company helps government agencies, cryptocurrency businesses, and financial institutions engage confidently with cryptocurrency.

In 2021, Chainalysis raised $100 million each in funding rounds launched in March and June, and the latter series E funding​ brought its value to $4.2 billion. This new funding has successfully doubled the company's market value.

Chainalysis continues to expand the reach of its crypto services. Earlier this month, it entered into a partnership with a world-renowned consulting firm Berekeley Research Group (BRG) to expand its client service offerings. In March, BNY Mellon, a well-known asset servicer, integrated Chainalysis' compliance software suite into its risk management programme​.