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Messari

New York, NY, United States Financial Services Acquired

Messari is a crypto market intelligence platform providing institutional-grade research, asset profiles, on-chain and market data, APIs and AI tools across more than 40,000 digital assets, used by funds, exchanges, custodians, brokerages and fintechs. Founded in 2018 by Ryan Selkis, it built a B2B SaaS business around crypto research and fundraising data. After three rounds of layoffs since 2023 and two changes of chief executive, Messari was acquired by crypto data and media company Blockworks in June 2026 and now operates as part of Blockworks.

Acquired

Messari has been acquired

Acquired by Blockworks Jun 12, 2026 ~$10M

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Employees

51–200

Total Funding

$61M

4 rounds

Latest Valuation

$0.3B

Sep 21, 2022

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

3 signals
M&A Recent 2026-06-12

Blockworks acquired Messari, folding its crypto data platform and API into Blockworks.

Company now a Blockworks subsidiary; no secondary liquidity expected for legacy holders.

Restructuring Recent 2026-03-16

Messari conducted its third round of layoffs since 2023 alongside the CEO transition, repositioning as 'AI-first'.

Repeated cost-cutting preceded the sub-$10M sale three months later.

Leadership Change Recent 2026-03-16

CTO Diran Li replaced Eric Turner as CEO amid an AI-first pivot; Turner stayed on as an advisor.

Third leadership change since 2024 signals instability ahead of the June 2026 sale.

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $61M across 4 rounds

Last updated 10-09-2026

DateRoundAmount RaisedValuationLead Investors
Sep 21, 2022 Series B CoinDesk $35M $0.3B Brevan Howard Digital
Aug 5, 2021 Series A The Block $21M $0.1B Point72 Ventures
Nov 13, 2019 Venture Round $4M — Uncork Capital

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$100M $200M 2022 Messari

Entry · Series A

$100M

Aug 2021

Messari today

$300M

Sep 2022 · latest mark

Messari multiple

3.0x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

BH Digital Morgan Creek Capital Management Samsung Next Coinbase Ventures Point72 Ventures Kraken Ventures Uncork Capital Underscore VC Galaxy Holdings FTX Ventures Galaxy Morgan Creek Digital Coinbase Ventures Samsung Next

Leadership

  • Diran Li

    Chief Executive Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Glassnode

    On-chain analytics platform providing blockchain metrics and time-series data for digital asset research

  • TradingView

    Leading crypto and traditional asset analysis platform with charting tools, market data, and community features

  • Coin Metrics

    Blockchain analytics platform focusing on raw chain-level observability and data standardization

  • Nansen

    On-chain analytics platform providing address labeling, wallet profiling, and transaction intelligence

  • CryptoQuant

    Blockchain analytics platform offering on-chain indicators and market intelligence for crypto traders

  • IntoTheBlock

    Machine learning-powered crypto analytics providing cross-chain insights and ML-derived indicators

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Data collected with AI, which can make mistakes. Please double-check this information.