Coin Metrics Closes $15M Funding Round Led by Goldman

Crypto data firm Coin Metrics raised $15 million Wednesday in an equity round led by Goldman Sachs.

Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures and others used the funding round to boost their stakes in the Cambridge, Mass.-based company.
Acrew Ventures, Morningside Group, BlockFi and Warburg Series Investments were among new investors in Coin Metrics, which last raised capital in 2019.
The company said it plans to accelerate growth and boost product offerings with its latest financing round.
“Our clients will greatly benefit from Coin Metrics' institutional-grade data insights and emerging risk management tools," said Goldman Global Head of Digital Assets Mathew McDermott, who is joining the company’s board.

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