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ConsenSys Lands $450M in Funding

2022-03-15
NEW YORK, NY, Today, ConsenSys announced the close of a $450 million financing round, bringing its valuation to over $7 billion.
ParaFi Capital led this raise after participating in ConsenSys' Series C round in November 2021. They were joined by new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures. Series C investors - Third Point, Marshall Wace, TRUE Capital Management, and UTA VC, United Talent Agency's venture fund - also participated in this round. Sullivan & Cromwell LLP acted as ConsenSys' legal advisor in this transaction.

ConsenSys is the leading Ethereum software company. The company enables developers, enterprises, and people worldwide to build next-generation applications, launch modern financial infrastructure, and access the decentralized web. ConsenSys' product suite-composed of Infura, Quorum, Truffle, Codefi, MetaMask, and Diligence-serves millions of users, supports billions of blockchain-based queries for their clients, and has handled billions of dollars in digital assets. Ethereum is the largest programmable blockchain in the world, leading in business adoption, developer community, and DeFi activity. On this trusted, open source foundation, ConsenSys is building the digital economy of tomorrow.
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