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
- SectorsFinancial Services
- Email••••••••
- Website bitaccess.com
- Social LinkedIn X Facebook
- Acquired by Bitcoin Depot (Oct 2022)
- Total Equity Funding$10.12M (USD)
in 2 rounds
- Latest Funding Round$120K (USD), Seed
Jun 2014
- InvestorsBitcoin Depot
& 2 more
- Acquired byBitcoin Depot
(Oct 2022)
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 $10.12M
- Total Rounds 2
- Last Round Seed — $120,000
- First Round $10M
(Jan 2014)
- Investors Count 2
All 2 funding rounds of BitAccess with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2014 | $120,000 | Seed | – | Y Combinator | |
| Jan 2014 | $10M | Seed | – | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Blockchain-focused investment funds and venture capital are provided. | – | panteracapital.com | Menlo Park, United States | |
Cryptocurrency ATMs are operated for buying and selling digital assets. | 2016 | bitcoindepot.com | Atlanta, United States |
Investor details for BitAccess
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of BitAccess
1 people are tracked at BitAccess (1 in leadership).
| Name | Role | Group |
|---|---|---|
Moe Adham | Co-Founder | Leadership |
Complete people profiles for BitAccess
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BitAccess
4 dated milestones of BitAccess across 17 years, from founding to its latest funding, stage changes and deals.
- Founded BitAccess is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Seed, of $120K.
- Exit Acquired by Bitcoin Depot.
Web traffic of BitAccess
The website of BitAccess (bitaccess.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▲ 3.2% vs previous month
Similar companies to BitAccess
10 companies that operate in the same segment as BitAccess (Cryptocurrency ATMs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coins are converted to cash and coupons through self-service kiosks. | 1991 | Bellevue, Washington, United States | USD 200 M | – | – | |
Bitcoin ATM network and OTC cryptocurrency exchange are operated. | 2015 | Chicago, Illinois, United States | USD 3 M | USD 234.6 M | – | |
Cryptocurrency ATMs are operated for buying and selling digital assets. | 2016 | Atlanta, Georgia, United States | – | USD 573.7 M | 126 | |
Groundnut oil and related products are manufactured and exported. | 2013 | Miami, Florida, United States | – | – | – | |
Digital signage content management software is provided for industry-specific personalization. | 1993 | Louisville, Kentucky, United States | – | – | – | |
Blockchain software and Bitcoin ATM hardware are developed and provided. | 2013 | Canada | – | – | – | |
Self-service vending machines for beverages and snacks are supplied. | 2013 | Beijing, China | – | – | – | |
Bitcoin ATM software platforms and turnkey solutions are provided. | 2013 | Santa Fe, New Mexico, United States | – | – | – | |
Driver-less technology applications are developed and deployed globally. | 2018 | Shenzhen, Guangdong, China | – | – | – | |
Bitcoin is bought and sold via an expanding ATM network. | 2021 | Ione, California, United States | – | – | – |
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Frequently Asked Questions about BitAccess
BitAccess was founded in 2005 and raised its 1st funding round 9 years after it was founded.
BitAccess is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
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 2014.
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.
BitAccess has 3 investors. Key investors include Bitcoin Depot, Y Combinator, and Pantera Capital.
Yes. BitAccess was acquired by Bitcoin Depot in October 2022.