FTX Crypto Exchange Pitch Deck used to Raise $1.8 Billion in Series B

FTX Crypto Exchange Pitch Deck used to Raise $1.8 Billion in Series B

Company Background:

Prior to its liquidity problem and subsequent filing for bankruptcy in late 2022, FTX was the market-leading cryptocurrency exchange. The once $32 billion company FTX fell apart in a short period of time.

FTX was exceptionally effective at raising money in a difficult climate, despite their recent difficulties. They raised their first seed round in 2018 during the crypto-winter and have since raised over $1.8 billion.

Sequoia was the lead investor in FTX's several rounds of funding, which also included well-known VC firms including Tiger Global, Softbank, Lightspeed Venture Partners, ICONIQ Growth, and others.

Here's a glimpse inside a May 2021 FTX pitch deck that was probably used to secure funds for their $1 billion Series B round, which was revealed in June of that same year.

Business Model & Funding Summary:

• Industry: Crypto, Cryptocurrency
• Business model: SaaS, B2C
• Year: 2021
• Amount raised: $1B
• Stage: Series B

Pitch Deck Used:

(Pitch Deck): How FTX raised over $1 billion