FTX was arguably the market-leading cryptocurrency exchange before it's highly-publicized liquidity crisis and ensuing bankruptcy filing in late 2022.
FTX (once valued over $32 billion) collapsed in a matter of days in November 2022 after it was revealed that founder Bankman-Fried had secretly shifted $10 billion of FTX customer deposits to Alameda.
Despite their recent failures, one cannot overlook that FTX was incredibly successful in fundraising in a challenging environment:
They raised their first seed round in 2018 in the midst of the crypto-winter, and raised over $1.8 billion since.
FTX raised multiple rounds led by Sequoia, with participation from notable VC funds like Tiger Global, Softbank, Lightspeed Venture Partners, ICONIQ Growth, and more.
Here's an inside look at an FTX pitch deck from May 2021, presumably used to raise their $1B Series B round announced in June of the same year:
2021 • Series B
FTX was a cryptocurrency exchange that promotes the liquidity and transacting of coins and tokens.
Winning pitch decks that have closed millions in investments for leading startups and billion-dollar unicorns.
Investors see 5,000 pitch decks per year. Will you stand out?
Yuga Labs is the creator of Bored Ape Yacht Club and owner of the most valuable NFT projects on the market (over $3B in trading volume). Yuga Labs raised $450M in 2022 with this deck.
Hadean is a venture-backed startup, reimagining distributed, spatial and scalable computing for web 3. Hadean raised $30M in 2022 with this deck.
Founded in 2020, ORIGYN uses AI to verify the authenticity of NFT's (non-fungible tokens). ORIGYN Foundation raised $21M in 2021 with this deck.
SolChicks, a play-to-earn fantasy game built on Solana, made headlines after being backed by over 113 different venture capital funds. SolChicks raised $20M in 2021 with this deck.
No spam. Up to 2 emails/mo – only the good stuff!