Companies · Crypto / Web3

HIVE Blockchain Technologies Ltd.

VANCOUVER · Crypto / Web3 · refined from filed group “Other Technology

Diligence memoA one-page analyst read on HIVE Blockchain Technologies Ltd. — recommendation, valuation, rhythm, risks.
$16.4M
Total raised · real
4
Rounds
59.7×
Latest step-up
Top 13%
Sector rank · raised
Series A
Latest stage · inferred · Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

HIVE Blockchain Technologies Ltd. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the crypto/web3 sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.05× the median modeled value of Series A Crypto / Web3 companies in 2019–2021 (9 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.5 yr ago; this sector typically re-raises about every 7 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Crypto / Web3

HIVE Blockchain Technologies Ltd. is one of 196 Crypto / Web3 companies tracked from VANCOUVER. By capital raised it ranks in the upper tier (ahead of 88% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

crypto/web3

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2020-12-31
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MPre-Seed · 2017-08-09 Raised $390K (real) Modeled valuation $20M (est)$390K$20MPre-Seed2017Pre-Seed · 2017-10-11 Raised $800K (real) Modeled valuation $41M (est)$800K$41MPre-Seed2017Pre-Seed · 2017-12-29 Raised $251K (real) Modeled valuation $13M (est)$251K$13MPre-Seed2017Series A · 2020-12-31 Raised $15M (real) Modeled valuation $398M (est)$15M$398MSeries A2020+$800K+$251K+$15MCumulative $16M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$390K · 2017
Pre-Seed extension$800K · 2017
Pre-Seed extension$251K · 2017
Series A$15.0M · 2020no Seed on file

Stages are modeled from round size (public records carry no series label). No record for: Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$397.7M
Base estimate est.
$16.8M
Conservative case
$1.9B
Upside case
$68.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the crypto/web3 sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $19.9M · 2017-08-092017Pre-Seed · modeled $40.9M · 2017-10-11Pre-Seed · modeled $12.8M · 2017-12-29Series A · modeled $397.7M · 2020-12-312020
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
45%
Survival probability
25% low · 62% high
1.59×/yr
Annual markup
2.01×/yr upside case
5.5 yr
Elapsed time used
5.5 yr actual, capped for stale marks
crypto/web3
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
14 mo
Avg between rounds
$4.8M/yr
Capital velocity
8.9 yr
On record since
2017
First round
4
Rounds on file
How it compares to the market

Benchmarked against 196 companies in Crypto / Web3. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 4.7× above median
This company$16.4M
Sector median$3.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.8× above median
This company$15.0M
Sector median$8.5M
Modeled value — vs sector median (estimate, all stages) 7.5× above median
This company$397.7M
Sector median$53.0M

Raised more than 88% of sector peers (real $). Modeled value above 91% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 9.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Bitfxt · Series A Raised $15.0M · modeled $502.5M (est)DigiCrypts Blockchain Solutions Inc. · Series A Raised $10.0M · modeled $239.6M (est)World NFT Research Institute · Series A Raised $10.0M · modeled $212.4M (est)Blockchain Foundry Inc. · Series A Raised $8.9M · modeled $194.0M (est)Notabene, Inc. · Series A Raised $11.6M · modeled $184.5M (est)African Blockchain Lab · Series A Raised $6.0M · modeled $101.7M (est)Crypto Hard Paper Currency Inc. · Series A Raised $5.0M · modeled $89.6M (est)Tokenize Inc. · Series A Raised $6.3M · modeled $55.3M (est)HIVE Blockchain Technologies Ltd. (this company) Raised $16.4M · modeled $397.7M (est)HIVE Blockchain Technologies Ltd.
CompanyStageRaised · realValue · estvs peer med.
BitfxtSeries A$15.0M$502.5M2.59×
HIVE Blockchain Technologies Ltd. this companySeries A$16.4M$397.7M2.05×
DigiCrypts Blockchain Solutions Inc.Series A$10.0M$239.6M1.23×
World NFT Research InstituteSeries A$10.0M$212.4M1.09×
Blockchain Foundry Inc.Series A$8.9M$194.0M1.00×
Notabene, Inc.Series A$11.6M$184.5M0.95×
African Blockchain LabSeries A$6.0M$101.7M0.52×
Crypto Hard Paper Currency Inc.Series A$5.0M$89.6M0.46×
Tokenize Inc.Series A$6.3M$55.3M0.28×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$390K2017-08-09$2.2M$19.9M90%
Pre-Seed$800K2017-10-11$4.4M$40.9M90%
Pre-Seed$251K2017-12-29$1.4M$12.8M90%
Series A$15.0M2020-12-31$68.2M$397.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$390K2017-08-09
    • First recorded raise — entered as Pre-Seed.
    • 10 investors on this round.
  2. Pre-Seed$800K2017-10-11
    • Came back fast: 2 mo vs the ~7 mo sector norm.
    • Round 2.1× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Pre-Seed$251K2017-12-29
    • Came back fast: 3 mo vs the ~7 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  4. Series A$15.0M2020-12-31
    • Raised again after 36 mo — slower than the ~7 mo sector norm.
    • Round 59.7× larger than the prior — scaling up.
    • 1 investor on this round.
Intelligence
2022 ~Q1
Modeled next raise · ~14mo cadence
$45.0M
Modeled next size est.range $29.3M$72.0M
59.7×
Last step-up
$4.8M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Harry Pokrandt4 other2017-08
Jessica Van Den Akker4 other2017-08
Darcy Daubaras2 other2020-12
Dave Perrill1 other2020-12
Marcus New1 other2020-12
Bjoern Arzt2017-08
Frank Holmes2017-08
Ian Mann2020-12
Olivier Roussy Newton2017-08
Tobias Ebel2017-08
Registry & provenance

HIVE Blockchain Technologies Ltd. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1720424
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
BitfxtCrypto / Web3Series A$15.0M$502.5Msame sector · same stage
Mudrex, Inc.Crypto / Web3Series A$19.5M$158.7Msame sector · same stage
Crypto Asset Technology Labs Inc.Crypto / Web3Series A$13.0M$53.0Msame sector · same stage
Extorre Gold Mines LtdOtherSeries A$17.5M$132.4Mnetwork1 shared operator · same stage
Notabene, Inc.Crypto / Web3Series A$11.6M$184.5Msame sector · same stage
VV Global Encryption Digital Asset Trading Co., LTDCrypto / Web3Series A$11.0M$58.2Msame sector · same stage
Web3 Pro Inc.Crypto / Web3Series A$10.0M$78.7Msame sector · same stage
Blockchain Assets AI, Inc.Crypto / Web3Series A$10.0M$335.0Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Blockchain Technologies, Inc.Crypto / Web3Seed$41.5M88%
Cambridge Blockchain, Inc.Crypto / Web3Series A$251.3M88%
Cambridge Blockchain, LLCCrypto / Web3Seed$73.4M88%
Crypto CoCrypto / Web3Series B$1.1M86%
Graph Blockchain IncCrypto / Web3Seed$122.4M86%
Island Peak Blockchain Pte.Ltd.Crypto / Web3Series A$335.0M86%
Mega Blockchain Corp.Crypto / Web3Series A$257.2M86%
Arctic Blockchain Ltd.Crypto / Web3Pre-Seed$25.1M86%
Frequently asked
How much funding has HIVE Blockchain Technologies Ltd. raised?
HIVE Blockchain Technologies Ltd. has raised approximately $16.4M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is HIVE Blockchain Technologies Ltd.'s estimated valuation?
Provath's modeled valuation for HIVE Blockchain Technologies Ltd. is approximately $397.7M (modeled range $16.8M–$1.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is HIVE Blockchain Technologies Ltd. at?
HIVE Blockchain Technologies Ltd.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Dec 31.
What does HIVE Blockchain Technologies Ltd. do and where is it based?
HIVE Blockchain Technologies Ltd. operates in the Crypto / Web3 sector, based in VANCOUVER.
Explore related

See where HIVE Blockchain Technologies Ltd. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at HIVE Blockchain Technologies Ltd., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.