FundedIQ
Financial Services

Marathon Digital: Funding, Investors & Team (Aug 2026)

Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Marathon Digital Holdings aims to build the largest mining operation in North America at one of the lowest energy costs. Marathon helps its customers gain exposure to Bitcoin in your portfolio without having to deal with the complications of holding the asset directly.

marathondh.com LinkedIn Las Vegas, United States 11-50 employees
Bitcoin Blockchain Cryptocurrency FinTech B2B
Total raised
$100M
Rounds
1
Latest
Post-IPO Debt
Aug 2022

Marathon Digital has raised $100M across 1 funding round on record, the most recent a Post-IPO Debt of $100M announced in Aug 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Marathon Digital Company Profile and Key Stats

Total funding raised
$100M
across 1 round on record
Funding rounds on record
1
Latest funding round
Post-IPO Debt
$100M in Aug 2022
Employees
11-50
reported band
Headquarters
Las Vegas, United States

Latest funding round on record: Aug 2022.

Marathon Digital Funding Rounds

Date
Round
Amount
Post-IPO Debt
$100M

Marathon Digital Founders and Leadership Team

Name
Role
Contact
Merrick Okamoto
Founder
Locked

Contact details for the Marathon Digital team: 1 of 1 has an email address on file.

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Marathon Digital Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Marathon Digital's latest round of $100M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Marathon Digital Funding FAQs

What does Marathon Digital do?

Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets. Marathon Digital Holdings aims to build the largest mining operation in North America at one of the lowest energy costs. Marathon helps its customers gain exposure to Bitcoin in your portfolio without having to deal with the complications of holding the asset directly.

How much funding has Marathon Digital raised?

Marathon Digital has raised $100M across 1 round on record. The most recent is a Post-IPO Debt of $100M announced in Aug 2022.

When did Marathon Digital last raise funding?

Marathon Digital's most recent funding round on record is a Post-IPO Debt of $100M, announced in Aug 2022.

Who founded Marathon Digital?

FundedIQ lists Merrick Okamoto (Founder) at Marathon Digital.

Where is Marathon Digital headquartered?

Marathon Digital is based in Las Vegas, Nevada, United States.

How many employees does Marathon Digital have?

Marathon Digital is in the 11-50 employee band.

How does Marathon Digital's funding compare to other Financial Services startups?

Marathon Digital's latest round of $100M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Marathon Digital Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Marathon Digital is left off this page rather than filled in.

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