🏆 Deal of the Month · July 2021
Blockpit raised EUR 8.4 million in a Series A round; the post-money valuation was not disclosed. The round was completed in July 2021 and recognised as Venionaire DealMatrix Deal of the Month for that period. Investors from both sides of the Atlantic participated, with MiddleGame Ventures and Fabric Ventures among the lead backers.
Blockpit — key deal facts
| Company | Blockpit |
| Founded | 2017 |
| Headquarters | Linz, Austria |
| Amount raised | EUR 8,4M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | MiddleGame Ventures (http://www.middlegamevc.com/) Fabric Ventures (https://www.fabric.vc/) Force over Mass Capital (https://www.fomcap.com/) Tioga Capital (https://tioga.capital/) Avaloq Ventures (https://www.crunchbase.com/organization/avaloq-ventures) European Super Angels Club |
| Sectors | FinTech |
Who invested in Blockpit?
The round brought together six investors: MiddleGame Ventures, Fabric Ventures, Force over Mass Capital, Tioga Capital, Avaloq Ventures, and the European Super Angels Club. The syndicate is notable for combining specialist crypto and fintech venture funds with a banking-technology corporate venture arm in Avaloq Ventures, alongside a pan-European angel network. This breadth signals confidence in Blockpit's positioning across both the retail crypto-tax market and institutional compliance use cases.
What does Blockpit do?
Blockpit was founded in 2017 and is headquartered in Linz, Austria. The company develops automated crypto tax reporting software, with its flagship product Cryptotax enabling individuals and corporations to calculate taxable gains from trading, staking, DeFi, and mining activities. The platform imports real-time data from exchanges and wallets and generates ready-to-file tax reports covering more than 100 countries; those reports are audited by Big Four firms for legal compliance. CEO Florian Wimmer built Blockpit to bridge crypto traders, tax advisers, and tax authorities through standardised, regulation-ready documentation.
Blockpit valuation & multiples
No verified revenue or EBITDA figures are available for this round, and the post-money valuation was not disclosed; accordingly, EV/Sales and EV/EBITDA multiples cannot be calculated for this transaction. Analysts benchmarking Blockpit against peers typically reference prevailing fintech and regtech software multiples. For current sector reference ranges, see the Venionaire DealMatrix FinTech and RegTech multiples pages.
Explore the benchmarks: Series A.
Frequently asked questions
How much did Blockpit raise in its Series A?
Blockpit raised EUR 8.4 million in its Series A round, closed in July 2021.
What is Blockpit's valuation?
Blockpit's post-money valuation was not disclosed as part of this Series A announcement.
Who invested in Blockpit?
The Series A investors were MiddleGame Ventures, Fabric Ventures, Force over Mass Capital, Tioga Capital, Avaloq Ventures, and the European Super Angels Club.
When was Blockpit founded and where is it based?
Blockpit was founded in 2017 and is headquartered in Linz, Austria.
Source: original announcement — read the full report.