Media learns about Messari’s plans to raise investments at a $300 million valuation
Messari team is in the process of raising $35 million. The valuation of the analytical company following the round could rise to $300 million, The Block writes, citing sources.
According to the interlocutors, several potential investors are already interested in investing in Messari.
Company founder Ryan Selkis declined to comment on a possible round. He emphasized that the company does not need money and “never spent a single cent of investors’ capital when scaling up to 130 people.”
In the fall of 2019, the company raised $4 million from Uncork Capital, Blockchain Capital, CoinFund, Coinbase Ventures and others.
In August 2021, Messari closed a $21 million Series A funding round. The startup was backed by billionaire Steve Cohen through Point72 Ventures, Alameda Capital, Galaxy Digital, crypto funds CMS Holdings, Nascent, Underscore VC and early stage investors.
Recall that analysts at Messari and Dove Metrics estimated the amount of funding for blockchain startups in January-June 2022 at $30.3 billion. More than a third of the funds in 1199 investment rounds were raised by the centralized finance sector.