Private Market View

Kraken

Financial Software · Cheyenne, WY · Founded 2011 · Privately Held (backing)

PA Mark · $/share
$41
Sep 2026
Implied valuation
$9.0B
Total raised
$965.0M
Last round
Later Stage VC
Dec 2025

Key facts

as of Sep 2026
  • Kraken is valued at approximately $9.0B (~$41/share) as of Sep 2026, per Private Market View’s composite mark.
  • It has raised $965.0M across 18 recorded rounds; the latest was Later Stage VC (Series C) ($800.0M) in Nov 2025.
  • Notable investors include Hummingbird Ventures, Jane Street, Oppenheimer Partners, Sequoia Capital, Astir Ventures — 218 tracked in total.
  • 1 institutional filer reports fund marks on Kraken across 4 filings.
  • Private Market View tracks 70 recorded secondary trades in Kraken shares.
  • 19 investment vehicles were formed to buy Kraken shares in the last 12 months, reporting $64.3M sold to 372 investors, per SEC Form D filings.
  • Status: Privately Held (backing).
PA Mark — composite indicative price
MEDIUM confidence
~$41per share
implies $9.0B valuation · as of Sep 2026 · the exact daily mark is a member feature
Composed from 7 inputs:3rd-party trades 60%N-PORT marks 34%Round prints 7%
See the platform prints behind this mark →
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  • ·Post-money valuations for all 18 rounds
  • ·The complete investor list — 218 names
  • ·Watchlist + deal alerts for Kraken
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Recorded secondary trades

70 on record · Apr 2025 – May 2026

70 trades between Apr 2025 and May 2026. Exact dates, prices and structures are available to Pro members.

Apr 2025peak 14 prints / monthMay 2026
Counts and months are public. The prints are the product.Unlock 70 trade prints

Institutional fund marks

1 filers · latest Jun 2026

1 SEC-registered fund reported 4 fair-value marks on Kraken between Sep 2025 and Jun 2026. Filer-level marks and implied $/share are available to Pro members.

Unlock 4 fund marks

Funding rounds

18 rounds
Dec 2025Later Stage VC$260.0M▮
Nov 2025IPO—▮
Nov 2025Later Stage VC (Series C)$800.0M▮
May 2025Later Stage VC—▮
Apr 2025Secondary Transaction - Private$7.0M▮
Full funding history →

Secondary demand: investment vehicles

from SEC Form D filings

In the last 12 months, 19 investment vehicles were formed to buy Kraken shares, reporting $64.3M sold to 372 investors across 19 sponsors. Most recent filing Apr 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 19 vehicles →
Companies with the most vehicle activity →

Leadership

About Kraken

Developer of a trading platform designed to offer cryptocurrency exchange and services. The company's platform provides a blockchain-based financial infrastructure that reduces system costs and shortens the payment processing time, enabling clients to grow their portfolios in a fair and open financial system.

Industry
Financial Software
Sector
Blockchain and Crypto
HQ
Cheyenne, WY, United States
Founded
2011
Employees
2,000
Ownership
Privately Held (backing)