Chainalysis CEO Michael Gronager Takes Temporary Leave; Sari Granat Steps In as Interim Leader

Michael Granger, co-founder and CEO of blockchain analytics firm Chainalysis, has taken a personal leave of absence from the company. While the exact reason for his leave remains undisclosed, Chainalysis has confirmed that the situation is temporary.

Sari Granat, Chainalysis President and COO since 2022, has stepped in as interim CEO, according to a report by The Block, which first broke the news.

Founded a decade ago and based in New York, Chainalysis has earned a reputation as a leading “crypto detective,” working closely with both the U.S. government and corporate clients. In 2023, the company laid off just over 15% of its 900 employees, shifting its focus more heavily toward government contracts.

Chainalysis was valued at $8.6 billion during its sixth funding round in 2022, with early investments from Benchmark. This past April, Katie Haun, a notable crypto investor and former federal prosecutor who discovered Chainalysis in her previous role, reportedly began acquiring secondary shares of the company at a valuation of $2.5 billion.

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