SendBlocks
Blockchain Data-management Platform
Company Overview
Snapshot
Founded in November 2022 by Itay Shrem and Michael Kellner, SendBlocks operates with 11–50 employees. The company has raised $8.2 million across one funding round from 4 investors. In July 2024, SendBlocks secured Seed funding from investors including Castle Island Ventures.
Business overview
SendBlocks provides a fully customizable platform designed to simplify blockchain data access for enterprises, ecosystems, protocols, and applications. The company's core technology focuses on DLT & Blockchain and Data Storage, enabling efficient definition and extraction of relevant data from high-throughput blockchains. SendBlocks serves the Business Software sector, targeting enterprises and software development companies with its B2B business model.
Strategic signal
In July 2024, SendBlocks raised an $8.2 million Seed round, signaling strong investor confidence in its blockchain data management solution. This funding, led by Castle Island Ventures, highlights the market's demand for robust tools that streamline data access and scalability within the blockchain ecosystem, positioning SendBlocks for further development and market penetration despite its current non-active status.
Company Intelligence Q&A
- What is SendBlocks' primary business focus?
- SendBlocks aims to simplify blockchain data access by offering a fully customizable platform for blockchain enterprises, ecosystems, protocols, and applications to define and extract relevant data efficiently.
- When was SendBlocks founded and by whom?
- SendBlocks was founded in November 2022 by Itay Shrem and Michael Kellner.
- What was a significant funding event for SendBlocks?
- In July 2024, SendBlocks raised an $8.2 million Seed round. This funding was secured from investors including Castle Island Ventures and Pitango First.
- What is the current status of SendBlocks?
- SendBlocks is currently Non-Active, having ceased to operate in March 2025.
- Which sectors does SendBlocks operate in?
- SendBlocks operates in the Business Software sector, with a focus on IT, R&D & Data Solutions, and Data Architecture, leveraging DLT & Blockchain core technology.