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Key people at Marathon.
Marathon Digital Holdings operates as a digital asset technology company primarily focused on large-scale Bitcoin mining. The company develops and implements digital energy technologies to enhance the efficiency and sustainability of its mining operations. Its approach integrates energy infrastructure with cryptocurrency production, utilizing a fleet of specialized mining hardware to generate digital assets.
The company originated in Nevada on February 23, 2010, initially incorporated as Verve Ventures Inc. with a broader mandate that included intellectual property licensing. The pivotal insight occurred in 2017, leading to a strategic reorientation towards blockchain infrastructure and digital asset mining, recognizing the transformative potential of decentralized currencies. This marked its definitive transition into the digital asset space.
Marathon's activities serve the global digital economy by contributing to the security and expansion of the Bitcoin network. Its long-term vision is to become a leading player in the intersection of energy and digital asset computing, aiming to advance the world's energy systems through innovative technological deployments that support a more sustainable and inclusive digital future.
Key people at Marathon.
Marathon has 4 tracked investments across 4 companies. The latest tracked deal is $2.1M Pre-Seed in Pitz in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 30, 2025 | Pitz | $2.1M Pre-Seed | 500 Startups, Amplifica, Angelhub, BFF, Boost VC, Latitud, Marathon | — |
| Dec 1, 2024 | Boon | $16.0M Series A | Marathon | Benchmark, Redpoint Ventures, Amjad Masad, Gokul Rajaram |
| May 30, 2024 | Welbe | $7.0M Series A | International Finance Corporation, Volpe Capital | Greenrock, Kortex Ventures, Mountain Nazca, Parceiro Ventures |
| May 20, 2021 | Causaly | $17.0M Series A | Carlos Gonzalez Cadenas | European Bank For Reconstruction And Development, Pentech Ventures |