As of late 2017, Coinbase was the most well funded bitcoin startup with $106 million in venture capital from investors including Andreesen Horowitz, Union Square Ventures, and Ribbit Capital.
In May of 2017, Coinbase closed a $100 million Series D funding round led by IVP. The round also included participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32, and Draper Associates.
NOTE: This article is intended to provide information about Coinbase and its financial resources. It should not be taken as financial advice. Do not make decisions about your finances based solely on the information in this article. Before making any decisions about investing or trading money, you should always seek professional advice from a qualified financial advisor.
This brought the total amount of money raised by Coinbase to over $200 million.
Coinbase has been one of the most active companies in the cryptocurrency space when it comes to fundraising. The company has raised $217 million over 7 rounds of funding from some of the biggest names in venture capital.