About BitDegree
BitDegree is a company based in Vilnius (Lithuania) founded in 2017 by Ervinas Rimdeika, Rio Asatiani, and Danielius Stasiulis.. BitDegree has raised $1 million across 1 funding round from investors including Mistletoe. BitDegree offers products and services including BitDegree Missions, BitDegree App, and Mission Builder. BitDegree operates in a competitive market with competitors including ChainGPT, proofoflearn, Metaschool, Coinmarketpedia and Blockchain Institute of Technology, among others.
- Headquarter Vilnius, Lithuania
- Founders Ervinas Rimdeika, Rio Asatiani, Danielius Stasiulis
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Sectors
Education
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Email
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Phone
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Website
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Social
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- Legal Name Bitdegree Uab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 06, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of BitDegree
BitDegree offers a comprehensive portfolio of products and services, including BitDegree Missions, BitDegree App, and Mission Builder. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Gamified tasks for crypto education and earning rewards
App for completing missions and gaining Web3 skills
Tool to design custom learn-and-earn missions for communities
Unlock access to complete
Funding Insights of BitDegree
BitDegree has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in June 2022. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(06 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - BitDegree | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BitDegree
BitDegree has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Mistletoe. 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 |
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A community-focused entity is operated for collective impact initiatives.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by BitDegree
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BitDegree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitdegree Comparisons
Competitors of BitDegree
BitDegree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ChainGPT, proofoflearn, Metaschool, Coinmarketpedia and Blockchain Institute of Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI tools for blockchain and cryptocurrency tasks are developed.
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Investments in blockchain companies are made by Proof of Learn.
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Online learning platform for developers
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Cryptocurrency and blockchain learning platform
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| domain | founded_year | HQ Location |
Provides online courses and certifications in blockchain and AI technologies.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bitdegree
Frequently Asked Questions about BitDegree
When was BitDegree founded?
BitDegree was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is BitDegree located?
BitDegree is headquartered in Vilnius, Lithuania.
Who is the current CEO of BitDegree?
Ervinas Rimdeika is the current CEO of BitDegree. They have also founded this company.
Is BitDegree a funded company?
BitDegree is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Jun 06, 2022.
What does BitDegree do?
BitDegree was founded in 2017 in Vilnius, Lithuania, as a provider in the edtech sector focused on blockchain and cryptocurrency education. A gamified online platform is operated, where users engage in missions through tasks, quizzes, and research on Web3 topics to earn rewards in Bits. Referral incentives are included, awarding extra Bits to both referrers and new participants to support community expansion.
Who are the top competitors of BitDegree?
BitDegree's top competitors include ChainGPT, proofoflearn and Metaschool.
What products or services does BitDegree offer?
BitDegree offers BitDegree Missions, BitDegree App, and Mission Builder.
Who are BitDegree's investors?
BitDegree has 1 investor. Key investors include Mistletoe.