Bits Technology Overview
- Year Founded
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2022
- Status
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Private
- Employees
-
20
- Latest Deal Type
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Series A
- Latest Deal Amount
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$14.1M
- Investors
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12
Bits Technology General Information
Description
Developer of automation software designed to simplify and democratize business onboarding and ensure secure and compliant operations. The company's software connects data sources and orchestrates workflows for financial tech services and helps deploy new products in multiple markets, enabling clients to quickly create onboarding workflow and concentrate on generating significant customer outcomes.
Contact Information
Website
www.bits.biCorporate Office
- Birger Jarlsgatan 27
- 111 45 Stockholm
- Sweden
Corporate Office
- Birger Jarlsgatan 27
- 111 45 Stockholm
- Sweden
Bits Technology Timeline
Bits Technology Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | 02-Feb-2026 | $14.1M | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 07-Sep-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 27-Apr-2023 | $4.41M | $5.51M | Completed | Generating Revenue | |
| 1. Seed Round | 10-Jun-2022 | $1.09M | $1.09M | Completed | Generating Revenue |
Bits Technology Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary |
VC Exit Predictor
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Bits Technology Comparisons
Industry
Financing
Details
Bits Technology Competitors (66)
One of Bits Technology’s 66 competitors is Bottomline Technologies, a Private Equity-Backed company based in Portsmouth, NH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bottomline Technologies | Private Equity-Backed | Portsmouth, NH | ||||
| FintechOS | Venture Capital-Backed | London, United Kingdom | ||||
| Ohpen | Private Equity-Backed | Amsterdam, Netherlands | ||||
| Maxio | Venture Capital-Backed | Norcross, GA | ||||
| TIBCO Software | Private Equity-Backed | San Ramon, CA |
Bits Technology Signals
Bits Technology Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alliance Ventures | Corporate Venture Capital | Minority | ||
| ALSTIN Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Mastercard Lighthouse | Accelerator/Incubator | |||
| Fin Capital | Asset Manager | Minority |
Bits Technology FAQs
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When was Bits Technology founded?
Bits Technology was founded in 2022.
-
Where is Bits Technology headquartered?
Bits Technology is headquartered in Stockholm, Sweden.
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What is the size of Bits Technology?
Bits Technology has 20 total employees.
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What industry is Bits Technology in?
Bits Technology’s primary industry is Business/Productivity Software.
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Is Bits Technology a private or public company?
Bits Technology is a Private company.
-
What is Bits Technology’s current revenue?
The current revenue for Bits Technology is .
-
How much funding has Bits Technology raised over time?
Bits Technology has raised $19.6M.
-
Who are Bits Technology’s investors?
Alliance Ventures, ALSTIN Capital, , Mastercard Lighthouse, and Fin Capital are 5 of 12 investors who have invested in Bits Technology.
-
Who are Bits Technology’s competitors?
Bottomline Technologies, FintechOS, Ohpen, Maxio, and TIBCO Software are some of the 66 competitors of Bits Technology.
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