Zac Prince

Chief Executive Officer, RE Cost Seg
Ann Arbor, Michigan,United States
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Who Is Zac Prince?

Total Experience16 years
CompanyRE Cost Seg
CountryUnited States

Zac Prince is an American entrepreneur and financial technology executive, best known as the co-founder and former CEO of BlockFi, a prominent cryptocurrency lending platform. With a background in business development for tech startups, including roles at Admeld (acquired by Google) and Orchard Platform, Prince identified an opportunity to bridge traditional finance with the burgeoning digital asset space. He co-founded BlockFi in 2017, pioneering one of the first platforms to offer consumers interest-bearing accounts for their crypto holdings and crypto-collateralized loans. Under his leadership, BlockFi grew exponentially, attracting millions of users and securing over $500 million in venture capital. However, the company faced a catastrophic collapse in 2022 due to significant exposure to the failures of Three Arrows Capital and FTX, leading to a bankruptcy filing. Prince's journey represents both the immense potential and the significant risks of the centralized crypto finance industry.

How Did Zac Prince's Career Path Shape Their Journey?

Zac Prince's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

RE Cost Seg - Chief Executive Officer(2024 to Present)
BlockFi - Founder and CEO (2017 to 2024)
Katapult - SVP, Business Development and Sales(2016 to 2017)
Better Finance Guru - Founder(2016 to 2017)
Orchard Platform (acquired by Kabbage) - VP, Business Development(2014 to 2016)
Sociomantic Labs (Acquired by DunnHumby / Tesco, April 2014) - Director of Sales, North America(2012 to 2014)
AdMeld (Acquired by Google 12/11) - Business Development(2010 to 2012)

What Are Zac Prince's Key Achievements?

Pioneered Crypto Wealth Management with BlockFi

Co-founded BlockFi in 2017 and scaled it into a leading global crypto-financial services company. The platform was one of the first to successfully offer crypto-backed loans and interest-earning accounts to a mainstream audience, enabling users to leverage their digital assets in new ways.

Achieved 'Unicorn' Status and Secured Major Funding

Led BlockFi through multiple successful funding rounds, raising over $500 million from top-tier investors including Valar Ventures, Morgan Creek Digital, and Bain Capital. This drove the company's valuation to over $3 billion, establishing it as a major 'unicorn' in the fintech sector.

Navigated Early-Stage Tech Success

Before BlockFi, Prince held senior business development roles at successful tech startups. He was instrumental in the growth of Admeld, an ad-tech firm acquired by Google for a reported $400 million, and Orchard Platform, a key technology and data provider in the online lending marketplace.

What's Zac Prince's Educational Background?

BAIS, International Business

Texas State University - Year 2006

Business

University of Oklahoma - Price College of Business - Year 2004

Buying Intent Signals for Zac Prince

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Notable news
Hiring actively
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Corporate Finance

Company Overview

RE Cost Seg
Total employees8
HeadquartersSalt Lake City
Founded2021

RE Cost Seg is a specialized firm that provides cost segregation studies for commercial real estate owners and investors. By combining engineering and tax expertise, they help clients accelerate depreciation deductions on their properties. This process involves identifying and reclassifying building components into shorter-lived asset classes, which can significantly reduce current income tax liabilities and improve cash flow.

RE Cost Seg Funding Information
Unknown - Total Funding Raised
Not applicable - Most recent funding amount
Not applicable - Number of funding rounds
Not applicable - Latest funding round
Lead Investors:
Information not publicly available; the company is likely privately owned or bootstrapped.

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