Kraken (formerly, payward) is the developer of a bitcoin, cryptocurrency and digital asset exchange.
Estimated valuation today
$227M
-94.35% since last round
Calculated based on estimated multiplier and revenue.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 1.75%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there is a little bit of money left for employees. However, the share price is less than the estimated strike price which means they are virtually worthless.
The last round was 2 years ago.
Date
May 2020
Valuation
$4B
Amount raised
$14M
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
5.09x revenue
Today's multiple
3.69x revenue
Change
-27.49%
Companies
Industry – FinTech
Last updated 5 mins ago.
Remove | Name | Ticker | Price multiple |
---|---|---|---|
Kraken | 3.69x | ||
Robinhood Markets Inc | HOOD | 4.84x | |
Block Inc | SQ | 2.77x | |
JPMorgan Chase & Co | JPM | 2.74x | |
Bank of America Corp | BAC | 2.98x | |
Visa Inc Class A | V | 15.50x |
Date | Round | Amount raised | Price per share (Preferred) | Valuation |
---|---|---|---|---|
May 2020 | Series B | $13.99MM | $19.84 | $4.02B |
Apr 2016 | Series A | $12.32MM | $0.17 | $26MM |
Jan 2013 | Series Seed | $200K | $0.03 | $2.2MM |
With a revenue of $41M and a Hype Multiple of 1.5x,
Kraken is estimated to be worth $227M.