BitGo Overview
- Year Founded
-
2013
- Status
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Private
- Employees
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498
- Latest Deal Type
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Series C1
- Latest Deal Amount
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$22.5M
- Investors
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39
BitGo General Information
Description
Developer of an asset management platform intended to make digital currencies usable for business in a regulated economy. The company's platform offers various services to keep cryptocurrency secure from theft and loss, as well as an enterprise suite of services for portfolio management, corporate treasury, and enterprise enablement, enabling financial institutions to integrate digital currencies into their existing financial systems.
Contact Information
Website
www.bitgo.comCorporate Office
- 445 2443 Ash Street
- Suite 200
- Palo Alto, CA 94306
- United States
Corporate Office
- 445 2443 Ash Street
- Suite 200
- Palo Alto, CA 94306
- United States
BitGo Timeline
BitGo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC (Series C1) | 02-Aug-2024 | $22.5M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series C) | 16-Aug-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 20-Oct-2022 | Completed | Generating Revenue | |||
| 5. Buyout/LBO | 01-May-2021 | Cancelled | Generating Revenue | |||
| 4. Merger/Acquisition | 22-Oct-2020 | Cancelled | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 18-Oct-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 16-Jun-2014 | $12M | $14M | Completed | Startup | |
| 1. Seed Round | 05-Apr-2014 | $2M | $2M | Completed | Startup |
BitGo Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 2,780,080 | $0.000100 | $0.17 | $0.72 | $0.72 | 1x | $0.72 | 3.65% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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BitGo Comparisons
Industry
Financing
Details
BitGo Competitors (46)
One of BitGo’s 46 competitors is Fidelity Digital Assets, a Corporation company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Fidelity Digital Assets | Corporation | Boston, MA | ||||
| Anchorage Digital Bank | Venture Capital-Backed | San Francisco, CA | ||||
| Binfinity | Venture Capital-Backed | Zug, Switzerland | ||||
| AlphaPoint | Venture Capital-Backed | New York, NY | ||||
| Coinbase Global | Formerly VC-backed | New York, NY |
BitGo Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
News about BitGo
Dive into recent articles by PitchBook offering invaluable insights and context.
BitGo Patents
BitGo Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200111080-A1 | Security secret interface and token wrap structure apparatuses, methods and systems | Pending | 08-Oct-2018 | ||
| US-20150120569-A1 | Virtual currency address security | Inactive | 31-Oct-2013 | ||
| US-11120438-B1 | Cryptocurrency address security | Active | 19-Sep-2013 | H04L9/0861 |
BitGo Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
BitGo Investors (39)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Armyn Capital | Venture Capital | Minority | ||
| CMT Digital | Corporate Venture Capital | Minority | ||
| Plug and Play Tech Center | Accelerator/Incubator | Minority | ||
| Pomp Investments | Venture Capital | Minority | ||
| Shake and Bake | Venture Capital | Minority |
BitGo Investments & Acquisitions (16)
BitGo’s most recent deal was a Early Stage VC with Fragmetric for . The deal was made on 24-Mar-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fragmetric | 24-Mar-2025 | Early Stage VC | Financial Software | ||
| Cryptio | 29-Jan-2025 | Later Stage VC | Financial Software | ||
| Tally | 28-Jan-2025 | Later Stage VC | Other Financial Services | ||
| 1Money Network | 16-Jan-2025 | Seed Round | Financial Software | ||
| Reown | 29-Oct-2024 | Later Stage VC | Software Development Applications |
BitGo Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Brassica (Financial Software) | Houston, TX | 2022 | |
| HeightZero | Jackson, WY | 2019 | |
| Harbor Platform | Palo Alto, CA | 2017 |
BitGo FAQs
-
When was BitGo founded?
BitGo was founded in 2013.
-
Where is BitGo headquartered?
BitGo is headquartered in Palo Alto, CA.
-
What is the size of BitGo?
BitGo has 498 total employees.
-
What industry is BitGo in?
BitGo’s primary industry is Financial Software.
-
Is BitGo a private or public company?
BitGo is a Private company.
-
What is BitGo’s current revenue?
The current revenue for BitGo is .
-
How much funding has BitGo raised over time?
BitGo has raised $194M.
-
Who are BitGo’s investors?
Armyn Capital, CMT Digital, Plug and Play Tech Center, Pomp Investments, and Shake and Bake are 5 of 39 investors who have invested in BitGo.
-
Who are BitGo’s competitors?
Fidelity Digital Assets, Anchorage Digital Bank, Binfinity, AlphaPoint, and Coinbase Global are some of the 46 competitors of BitGo.
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