Bitt Overview
- Year Founded
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2013

- Status
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Private
- Employees
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75

- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$8M
- Investors
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6
Bitt General Information
Description
Developer of a blockchain-based digital asset system designed to financially empower individuals and provide infrastructure to develop a digital financial ecosystem. The company uses blockchain and distributed ledger technology to build a secure, streamlined, peer-to-peer payment ecosystem in the surrounding region, enabling financial institutions and individuals to transfer money using any form of currency, instantly and securely.
Contact Information
Website
www.bitt.comCorporate Office
- 12180 South 300 East
- Suite 117
- Draper, UT 84020
- United States
Corporate Office
- 12180 South 300 East
- Suite 117
- Draper, UT 84020
- United States
Bitt Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC | 28-Oct-2020 | $8M | Completed | Generating Revenue | ||
4. Later Stage VC | 08-Mar-2018 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 05-Apr-2016 | Completed | Startup | |||
2. Seed Round | 30-Mar-2015 | $1.5M | $1.5M | Completed | Startup | |
1. Angel (individual) | 01-Jan-2014 | Completed | Startup |
VC Exit Predictor
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Bitt Comparisons
Industry
Financing
Details
Bitt Competitors (77)
One of Bitt’s 77 competitors is Circle, a Venture Capital-Backed company based in Boston, MA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Circle | Venture Capital-Backed | Boston, MA | ||||
Chain | Venture Capital-Backed | San Francisco, CA | ||||
Paxos | Venture Capital-Backed | New York, NY | ||||
OKX | Private Equity-Backed | Victoria, Seychelles | ||||
Stripe | Venture Capital-Backed | South San Francisco, CA |
Bitt Patents
Bitt Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-4073733-A1 | Digital currency minting in a system of network nodes implementing a distributed ledger | Inactive | 11-Dec-2019 | ||
US-20210182806-A1 | Digital currency minting in a system of network nodes implementing a distributed ledger | Active | 11-Dec-2019 | ||
US-11887072-B2 | Digital currency minting in a system of network nodes implementing a distributed ledger | Active | 11-Dec-2019 | ||
US-20240152884-A1 | Digital currency minting in a system of network nodes implementing a distributed ledger | Pending | 11-Dec-2019 | ||
EP-4073733-A4 | Digital currency minting in a system of network nodes implementing a distributed ledger | Inactive | 11-Dec-2019 | G06Q40/04 |
Bitt Signals
Bitt Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BaseTwo | Venture Capital | Minority | ||
Stellar (Financial Software) | Venture Capital | Minority | ||
Beyond | Corporation | Minority | ||
Medici Ventures | Corporate Venture Capital | Majority | ||
Avatar Capital | Venture Capital | Minority |
Bitt FAQs
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When was Bitt founded?
Bitt was founded in 2013.
-
Where is Bitt headquartered?
Bitt is headquartered in Draper, UT.
-
What is the size of Bitt?
Bitt has 75 total employees.
-
What industry is Bitt in?
Bitt’s primary industry is Other Financial Services.
-
Is Bitt a private or public company?
Bitt is a Private company.
-
What is Bitt’s current revenue?
The current revenue for Bitt is
. -
How much funding has Bitt raised over time?
Bitt has raised $28.5M.
-
Who are Bitt’s investors?
BaseTwo, Stellar (Financial Software), Beyond, Medici Ventures, and Avatar Capital are 5 of 6 investors who have invested in Bitt.
-
Who are Bitt’s competitors?
Circle, Chain, Paxos, OKX, and Stripe are some of the 77 competitors of Bitt.
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