Investment Summary

Eight Roads, General Atlantic and ICONIQ Capital Invest In Fireblocks

On June 11, 2019, private equity firm Eight Roads, growth capital firm General Atlantic and growth capital firm ICONIQ Capital invested in software company Fireblocks

Investment Highlights
  • This is Eight Roads’ 28th, General Atlantic’s 15th and ICONIQ Capital’s 7th transaction in the Software sector.
  • This is Eight Roads’ 97th, General Atlantic’s 104th and ICONIQ Capital’s 36th transaction in the United States.
  • This is Eight Roads’ 13th, General Atlantic’s 14th and ICONIQ Capital’s 5th transaction in New York.

Investment Summary

Date 2019-06-11
Target Fireblocks
Sector Software
Investor(s) Eight Roads
General Atlantic
ICONIQ Capital
Deal Type Venture

Target

Fireblocks

New York City, New York, United States
Fireblocks is an enterprise platform for securing digital assets in transit. Fireblocks’ customers, which count some of the largest institutional digital asset trading operators like Galaxy Digital, Genesis Global Trading and more, use the platform to safeguard the digital assets in its portfolio as it is moved across exchanges, OTCs, brokerages, hot wallets, and cold storage. Fireblocks was founded in 2018 and is based in New York City, New York.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 3

Investor

Eight Roads

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1969
PE ASSETS 11.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Eight Roads is a private investment firm focused on a variety of investment opportunities across the US, Europe, and Asia. The Firm is divided into several investment strategies including venture, principal investing, and real estate. Within the principal investments group, Eight Roads backs established growth businesses with long-term capital. Eight Roads does not have any sector preferences, but has experience in fintech, business services, and healthcare. Eight Roads is based in London.


DEAL STATS #
Overall 214 of 293
Sector: Software M&A 28 of 46
Type: Venture M&A Deals 191 of 266
State: New York M&A 13 of 15
Country: United States M&A 97 of 120
Year: 2019 M&A 13 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 Wovn Technologies

Tokyo, Japan

Wovn Technologies offers website localization service that translates a website into multiple languages. The company aims to make website multilingualization and localization straight-forward, simple, and accessible to anyone from a website developer, to a blogger. Wovn Technologies was founded in 2014 and is based in Tokyo, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Yappli

Minato City, Japan

Yappli is a B2B SaaS software company that provides an online platform to easily build, manage, and analyze enterprise-grade native mobile applications without the need for coding skills. Yappli was founded in 2013 and is based in Minato City, Japan.

Buy -
Investor

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 224 of 364
Sector: Software M&A 15 of 28
Type: Venture M&A Deals 42 of 98
State: New York M&A 14 of 25
Country: United States M&A 104 of 175
Year: 2019 M&A 12 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-05 NoBroker

Bengaluru, India

NoBroker is an end-to-end C2C real estate transaction platform in India. NoBroker was founded in 2014 and is based in Bengaluru, Karnataka.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 Wellhub

New York, New York, United States

Wellhub is a corporate fitness platform providing gym benefit programs to corporate clients. Wellhub was founded in 2012 and is based in New York, New York.

Buy -
Investor

ICONIQ Capital


Category Growth Capital Firm
Founded 2011
PE ASSETS 80.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

ICONIQ Capital is a private investment firm that manages capital on behalf of high-net-worth individuals, families, and institutions, with a particular focus on the technology sector. The Firm operates across multiple investment strategies including growth equity, venture capital, real estate, and philanthropic initiatives. ICONIQ Capital was formed in 2011 and is based in San Francisco, California.


DEAL STATS #
Overall 39 of 91
Sector: Software M&A 7 of 31
Type: Venture M&A Deals 24 of 72
State: New York M&A 5 of 17
Country: United States M&A 36 of 80
Year: 2019 M&A 8 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-04 Highspot

Seattle, Washington, United States

Highspot is a sales enablement platform that helps organizations increase the performance and productivity of sales teams. Highspot is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-12 BetterUp

Austin, Texas, United States

BetterUp is a development platform bringing personalized coaching to employees at all levels. BetterUp was founded in 2013 and is based in Austin, Texas.

Buy -