We recently led Blockfolio’s series A round, participated by Mayfield and Pathfinder, Founder Fund’s early stage investment vehicle. Blockfolio enables users to track their portfolio from a sleek and thoughtfully designed mobile application. It is the leading mobile-only portfolio tracking app in the blockchain space.
Their platform allows users to receive up-to-date exchange prices and market analysis, set pricing alerts, track their PnL and Cost Basis, and much more. Blockfolio is dedicated to creating an ecosystem within their platform to attract and retain as many users as possible.
The product has attracted more than 4.5 million users to date. It lists over 6,000 cryptocurrencies, and integrates with more than 240 online exchanges, to effectively manage their holdings, check market data, and to receive updates from cryptocurrency project developers.
We believe that Blockfolio has one of the best applications in the market today. Their multifaceted approach of being an on-ramp, asset manager tool, and social network for cryptocurrencies is a blend of functions that few to no other competitors have.
I have been pretty selective about board participation but felt so strongly about this project that I will be joining the board. I have been impressed with Ed Moncada, the CEO, and the rest of the team and believe that the company can be the cornerstone of an emerging blockchain ecosystem in Los Angeles.