Bitnet Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 14

Employees

  • Latest Deal Type
  • M&A

Bitnet General Information

Description

Developer of an online payment platform. The company provides a digital commerce platform that helps enterprise scale merchants to accept bitcoin payments.

Contact Information

Website
www.bitnet.io
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • Alexander House
  • 17 Ormeau Avenue
  • Belfast BT2 8HD
  • Northern Ireland, United Kingdom
Primary Industry
Financial Software
Other Industries
Other Financial Services
Business/Productivity Software
Acquirer
Vertical(s)
TMT, Cryptocurrency/Blockchain, FinTech
Corporate Office
  • Alexander House
  • 17 Ormeau Avenue
  • Belfast BT2 8HD
  • Northern Ireland, United Kingdom

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Bitnet Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 20-Oct-2016 Completed Startup
3. Early Stage VC Completed Startup
2. Early Stage VC (Series A) 20-Oct-2014 $14.5M $14.5M Completed Startup
1. Seed Round 01-Jan-2014 Completed Startup
To view Bitnet’s complete valuation and funding history, request access »

Bitnet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online payment platform. The company provides a digital commerce platform that helps enterprise scale me
Financial Software
Belfast, United Kingdom
14 As of 2016

Singapore, Singapore
 

Atlanta, GA
 
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Bitnet Competitors (63)

One of Bitnet’s 63 competitors is Coinhako, a Venture Capital-Backed company based in Singapore, Singapore.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Coinhako Venture Capital-Backed Singapore, Singapore
BitPay Venture Capital-Backed Atlanta, GA
Simplex Venture Capital-Backed Givatayim, Israel
Sky (Financial Software) Venture Capital-Backed Frederiksberg, Denmark
Cobinhood Venture Capital-Backed Taipei, Taiwan
You’re viewing 5 of 63 competitors. Get the full list »

Bitnet Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Bitnet Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Blockchain Capital Venture Capital Minority
Buchanan Investments PE/Buyout Minority
Commerce Ventures Venture Capital Minority
Digital Currency Group Corporate Venture Capital Minority
Highland Capital Partners Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

Bitnet FAQs

  • When was Bitnet founded?

    Bitnet was founded in 2014.

  • Where is Bitnet headquartered?

    Bitnet is headquartered in Belfast, United Kingdom.

  • What is the size of Bitnet?

    Bitnet has 14 total employees.

  • What industry is Bitnet in?

    Bitnet’s primary industry is Financial Software.

  • Is Bitnet a private or public company?

    Bitnet is a Private company.

  • What is Bitnet’s current revenue?

    The current revenue for Bitnet is .

  • How much funding has Bitnet raised over time?

    Bitnet has raised $14.5M.

  • Who are Bitnet’s investors?

    Blockchain Capital, Buchanan Investments, Commerce Ventures, Digital Currency Group, and Highland Capital Partners are 5 of 11 investors who have invested in Bitnet.

  • Who are Bitnet’s competitors?

    Coinhako, BitPay, Simplex, Sky (Financial Software), and Cobinhood are some of the 63 competitors of Bitnet.

  • When was Bitnet acquired?

    Bitnet was acquired on 20-Oct-2016.

  • Who acquired Bitnet?

    Bitnet was acquired by Uphold.

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