CB Insights - blockchain hype is real

Hi there, 

Blockchain funding numbers below. 

But first, we’ve extended the deadline to apply for the second annual Blockchain 50 awards — our annual recognition of the most innovative companies in the space. 

All you need to do is fill out this initial application form by November 9. (It’ll take no more than 3 minutes.) 

Back to blockchain funding. 

2018’s hype has turned into 2021’s cold, hard cash.

Blockchain startups have raised $15B so far in 2021, propelled by a blockbuster Q3’21. 

Let me say that again — $15 billion.

In the third quarter, the industry saw 4.5 blockchain deals per business day. Bonkers.

Where’s all that money going?

Crypto exchanges captured the most funding of any other blockchain/crypto category in Q3’21, raising nearly $2B. That’s a 2,240% increase from the $84M raised in Q3’20.

NFT companies have also burst onto the stage. In Q3’21, funding topped $1B for the first time. 

If we zoom out, NFT funding is up an astonishing 6,427% in 2021 YTD compared to 2020.

On top of the funding boom, 12 new blockchain unicorns were born in Q3’21. The herd has nearly quadrupled since last year.

Find out which investor took the #1 spot of the quarter, the regions capturing the most blockchain funding, exit trends, top deals, and more in our State Of Blockchain Q3’21 report.

Rev your engines
 

Healthcare providers are using tech to accelerate reimbursement and improve the patient financial experience across the front, middle, and back office of revenue cycle operations (RCO).

We evaluated 10 tech markets — from digital patient payments to autonomous medical coding to insurance discovery — that RCO leaders should plan for. Check out our adoption playbook here.

Beauty gets a makeover
 

Early-stage startups are transforming the beauty and personal care market, which is seeing record funding this year.

Here’s how they’re doing it:

• Going green — Incorporating refillable packaging, zero-waste products, and other sustainable components into their business models.

• Going taboo — Innovating in categories previously considered taboo, such as sexual wellness.

• Going tech — Integrating tech into every step of the customer journey, from livestreaming to booking & management tools to at-home beauty tech devices.

Dig into 100+ early-stage startups reshaping beauty & personal care here.

Smash the Like button

Social commerce — online shopping that incorporates elements of social media, like livestreaming — has continued to grow, even as many pandemic restrictions have been lifted. 

In fact, social commerce tech is on track to see more than $7B in funding this year. Clients can dig into the market drivers and emerging trends behind the funding boom here.

Clock’s ticking
 

We’ve never done this before.
 

For the next 24 hours only, we’re offering 50% off tickets for the Future of Health (Dec. 8-9, online). 
 

Take advantage of this crazy good offer and join us for:

• Speakers including the President of Headspace Health, the Managing Director of Tegria, and the President, Clinical Care of Providence.
• A speed networking extravaganza taking place one week prior to the Future of Health.

• Demos from key players in the health and pharma market — recent additions include b.well, Qualio, Unlearn.AI, nue.life, and One Drop.

• The live unveiling of this year’s Digital Health 150.

Use code crazygood to save 50% on your ticket. Hurry because this offer is only good for the next 24 hours.

Attn: all B2B tech cos
 

Brief our analysts to get in front of buyers of technology and get into our research. To start, fill out our initial application (<3 minutes). 

The specific markets we're looking at right now include:

• Digital Therapeutics — these are companies like Pear Therapeutics, Akili, and Happify Health. If you’re working on DTx, complete the initial application here.
• Data Annotation — these are companies like DataHunt, SuperAnnotate, V7, and Scale AI. If your company fits the bill, fill out the initial application here.

Wall Street Journal. David Carnevali (@davidcarnevali) covers DeFi startup Paperchain’s approach to paying musicians for streaming traffic and uses CB Insights data.

Adweek. Patrick Kulp (@PatrickKulp) reports on Stripe’s partnership with Klarna and cites CB Insights research on buy now, pay later.

TechCrunch. Alex Wilhelm (@alex) uses CB Insights’ State Of Venture Q3’21 report in looking at the increasingly global nature of venture capital.
 

P.S. We’ll walk through what you need to know about the state of healthcare in a webinar this Thursday, November 4 at 2pm EDT. Sign up here and have your questions ready.