Crypto data firm Lukka hits $1.3 billion valuation with new funding round

Venture Capital • January 14, 2022, 11:22AM EST
The Block

Lukka, a crypto firm that provides data services and enterprise software tools, has raised $110 million in a Series E funding round and is now valued at $1.3 billion.

Global asset manager Marshall Wace led Lukka's Series E round, with Miami International Holdings, Summer Capital, and SiriusPoint also participating.

Previous investors Soros Fund Management, Liberty City Ventures, S&P Global, and CPA.com also joined the round, who all contributed to Lukka's $53 million Series D funding in March 2021.

With fresh capital in hand, New York-based Lukka plans to expand globally. Lukka CEO Robert Materazzi said with the crypto industry entering a new phase of maturity, the need for the firm's data and software tools will grow further.

Founded in 2014, Lukka mainly serves institutional clients with middle and back-office software and data tools. Its customers include crypto exchanges, miners, financial institutions, and accounting firms.

"Lukka's comprehensive suite of reporting and analytics software and data solutions enables clients to meet a rapidly evolving set of critical needs," said Steven Binetter, portfolio manager at Marshall Wace. "As crypto assets and blockchain redefine global commerce, Lukka is building the infrastructure for this future."

The Series E round brings Lukka's total funding to date to over $200 million. The firm has previously raised more than $90 million in various funding rounds.