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Tampa startup connecting businesses to the blockchain raises $5.75 million

Blockspaces is a company that helps businesses transition to using the decentralized ledger.
Blockspaces founders Rosa Shores and Gabe Higgins launched the Tampa blockchain startup in 2017.
Blockspaces founders Rosa Shores and Gabe Higgins launched the Tampa blockchain startup in 2017. [ Courtesy of Blockspaces ]
Published Jan. 7|Updated Jan. 7

Tampa startup Blockspaces secured $5.75 million in a seed round of investments, the company announced this week.

Blockspaces is a company that helps businesses transition to use blockchain networks, a decentralized ledger known for cryptocurrency. The funding was led by San Francisco-based Leadout Capital. Other venture capital firms that participated included QED’s Seed Fund, Bolt, GTMfund, Tampa-based Druid Ventures and founder of mobile social gaming company Zynga, Mark Pincus.

The Tampa startup located within Embarc Collective, a local startup hub, was founded in 2017 by Rosa Shores and Gabe Higgins. Its second funding round, which secured $1.25 million in March, pushed Blockspaces to be one of the leading female-led blockchain companies in the U.S., according to Crunchbase.

“We believe organizations like BlockSpaces that can facilitate a bridge between the ‘old world’ and the new will have a huge impact on shaping the technology landscape over the next 5-10 years,” venture partner Scott Barker at GTMfund said in a statement.

Blockspaces offers a platform that connects already-existing business applications to blockchain networks, both public and private. This includes creating digital wallets or NFTs, non-fungible tokens.

2021 was a big year for Blockspaces, which reported record growth in revenues and its customer base. The company now has a global presence across three continents. The investor funding will help Blockspaces hire more workers, support its ongoing growth and add new blockchains.

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