About BitAccess
BitAccess is a company based in Ottawa (Canada) founded in 2005 by Moe Adham was acquired by Bitcoin Depot in October 2022.. BitAccess has raised $10.12 million across 2 funding rounds from investors including Bitcoin Depot, Y Combinator and Pantera Capital.
- Headquarter Ottawa, Canada
- Founders Moe Adham
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$10.12 M (USD)
in 2 rounds
-
Latest Funding Round
$120 K (USD), Seed
Jun 12, 2014
-
Investors
Bitcoin Depot
& 2 more
-
Employee Count
Employee Count
-
Acquired by
Bitcoin Depot
(Oct 02, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of BitAccess
BitAccess has successfully raised a total of $10.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $120 thousand completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $120,000
-
First Round
First Round
(19 Jan 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - BitAccess | Valuation | Y Combinator | |
| Jan, 2014 | Amount | Seed - BitAccess | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BitAccess
BitAccess has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Bitcoin Depot, Y Combinator and Pantera Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location | |
|
Blockchain-focused investment funds and venture capital are provided.
|
Founded Year | Domain | Location | |
|
Cryptocurrency ATMs are operated for buying and selling digital assets.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by BitAccess
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - BitAccess
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitaccess Comparisons
Competitors of BitAccess
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about BitAccess
When was BitAccess founded?
BitAccess was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is BitAccess located?
BitAccess is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is BitAccess a funded company?
BitAccess is a funded company, having raised a total of $10.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Jan 19, 2014.
What does BitAccess do?
Bitaccess was founded in 2005 in Ottawa, Canada, with Moe Adham serving as co-founder. The company operates within the fintech sector, focusing on the provision of Bitcoin ATMs. Hardware and related services are distributed to enable secure cryptocurrency transactions. Operations are centered in Canada, supporting global installations for users seeking automated digital asset access.
Who are BitAccess's investors?
BitAccess has 3 investors. Key investors include Bitcoin Depot, Y Combinator, and Pantera Capital.