Coin Metrics Closes $15M Funding Round Led by Goldman

Goldman's global head of digital assets is joining the company's board.

AccessTimeIconMay 5, 2021 at 4:23 p.m. UTC
Updated Sep 14, 2021 at 12:51 p.m. UTC
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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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