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- Multichain
Multichain Valuation, Funding & Investors
Multichain is valued at $1.2B as of December 2021.
Last Multichain valuation
$1.2B
Seed · Dec 2021
Last Multichain funding round
$60M
Seed · Dec 2021
Cumulative funding Multichain raised
$60M
across 1 funding round
Key investors in Multichain
IDG Capital
HSG
YZi Labs
Circle Ventures
Hypersphere Ventures
DeFiance Capital
About Multichain
Multichain is a cross-chain router protocol delivering real-time interoperability for blockchain networks. It facilitates seamless asset transfers and communication across multiple chains through multichain.org.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$1.2B (Dec 2021)
Multichain Valuation
Multichain is currently valued at $1.2B, based on its seed round in December 2021.
The $60M round was led by YZi Labs, with participation from Magic Venture Capital, IDG Capital, Circle Ventures, TRON, DeFiance Capital and 5 other investors.
Multichain valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2021 | Seed | $1.2B |
Multichain Funding History
Multichain has raised a total of $60M across 1 funding round.
Multichain funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2021 | Seed | YZi Labs (lead); Magic Venture Capital; IDG Capital; Circle Ventures; TRON; DeFiance Capital; Hypersphere Ventures; Three Arrows Capital; Hashkey Exchange; HSG; Primitive Ventures | $60M | $1.2B | Multichain is a cross-chain infrastructure project enabling interoperability across multiple blockchains. On December 21, 2021, it completed a $60 million OTC funding round led by YZi Labs, with participation from DeFiance Capital, Hashkey Capital (also listed as HashKey Exchange or HashKey Capital), Hypersphere Ventures, IDG Capital (also as Hongshan), Primitive Ventures, Three Arrows Capital, TRON, Circle Ventures, and Magic Venture Capital (also as Magic Ventures). The round valued the company at a post-money valuation of $1.2 billion. |
Who has invested in Multichain?
11 investors have backed Multichain across its funding rounds, including IDG Capital, HSG, YZi Labs, Circle Ventures, Hypersphere Ventures and DeFiance Capital.
Lead investors include YZi Labs.
Multichain Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Lead | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
| 1 | Participant | Dec 2021 | ||
This data is available for Pro users. Sign up to see all 11 Multichain investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialMultichain Competitors
Multichain competitors include listed companies like OSL Group and Securitize, and private ones like Helium, ZYBER 365, iTrustCapital and Ledger.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.2B | - | ||
| Private | - | - | $1.2B | - | ||
| Publicly listed | $62M | ($48M) | $1.2B | 11.3x | ||
| Private | - | - | $1.3B | - | ||
| Private | $71M | - | $1.3B | 18.3x | ||
| Publicly listed | $62M | ($34M) | $1.5B | 22.2x |
Multichain Public Comps
Multichain is still privately-owned, but its public comps include OSL Group, Securitize, HashKey Holdings, BitGo Holdings, Indokripto Koin Semesta, Sharplink, Rhino Bitcoin, Stewards, Coincheck Group and Bakkt.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $62M | ($48M) | 16.6x | 11.3x | (21.7x) | (23.2x) | |||
| $62M | ($34M) | 25.5x | 22.2x | (46.0x) | (37910.8x) | |||
| $92M | ($109M) | 6.4x | - | (5.4x) | - | |||
| $16B | ($9M) | 0.1x | 5.5x | (125.1x) | 125.4x | |||
| $16M | $7M | 36.9x | - | 81.1x | - | |||
| $28M | ($734M) | 61.9x | 39.9x | (2.4x) | 141.1x | |||
| $478K | ($417K) | 1242.8x | - | (1423.4x) | - | |||
| - | - | - | - | - | - | |||
This data is available for Pro users. Sign up to see all Multichain competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Multichain
| When was Multichain founded? | Multichain was founded in 2020. |
| Where is Multichain headquartered? | Multichain is headquartered in Singapore, Singapore. |
| Is Multichain publicly listed? | No, Multichain is a private, VC-backed company. |
| What is Multichain's valuation? | Multichain was last valued at $1.2B in its seed round in December 2021. |
| How much funding has Multichain raised? | Multichain has raised $60M across 1 funding round. |
| What was Multichain's last funding round? | Multichain's last funding round was a $60M seed round in December 2021, led by YZi Labs. |
| Who are Multichain's investors? | Multichain's investors include Magic Venture Capital, IDG Capital, Circle Ventures, TRON, DeFiance Capital, Hypersphere Ventures, YZi Labs, Three Arrows Capital, Hashkey Exchange, HSG and 1 other. |
| Which companies are comparable to Multichain? | Companies comparable to Multichain include Helium, ZYBER 365, OSL Group, iTrustCapital, Ledger and Securitize. |
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