About Bitget
Bitget is a company based in Cayman Islands founded in 2018.. Bitget has raised $20 million across 3 funding rounds from investors including DRAGONFLY and Anlan Capital. Bitget operates in a competitive market with competitors including Phantom, imToken, Ripio, Argent and Rainbow, among others.
- Headquarter Cayman Islands
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Singapore Bitget Pte. Ltd.
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Annual Revenue
$1.26 M (USD)49as on Jul 31, 2022
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Net Profit
$-11.77 M (USD)-89127as on Jul 31, 2022
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EBITDA
$-11.77 M (USD)-68012as on Jul 31, 2022
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Total Equity Funding
$20 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Token Sale
Jun 06, 2024
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Investors
DRAGONFLY
& 1 more
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Employee Count
Employee Count
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Funding Insights of Bitget
Bitget has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $1.5 million completed in June 2024. 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 3
- Last Round Token Sale — $1.5M
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First Round
First Round
(01 Jun 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Token Sale - Bitget | Valuation |
investors |
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| Apr, 2023 | Amount | Series B - Bitget | Valuation | DRAGONFLY |
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| Jun, 2020 | Amount | Series B - Bitget | Valuation | Anlan Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Bitget
Bitget has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include DRAGONFLY and Anlan 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 |
|---|---|---|---|---|
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Venture capital and equity principal services are provided by Dragonfly.
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Founded Year | Domain | Location | |
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Manages diversified investment portfolios across multiple asset classes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bitget
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bitget
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bitget Comparisons
Competitors of Bitget
Bitget 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 Phantom, imToken, Ripio, Argent and Rainbow, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile app offering live fitness training & workout programs for the users
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| domain | founded_year | HQ Location |
Digital asset wallet for cryptocurrency exchange
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| domain | founded_year | HQ Location |
Online reseller of Bitcoins
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| domain | founded_year | HQ Location |
Mobile wallet for cryptocurrency and NFTs is provided.
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| domain | founded_year | HQ Location |
Rainbow is recognized for providing secure crypto wallets.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bitget
Frequently Asked Questions about Bitget
When was Bitget founded?
Bitget was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Bitget located?
Bitget is headquartered in Cayman Islands.
Is Bitget a funded company?
Bitget is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Jun 01, 2020.
What is the annual revenue of Bitget?
Annual revenue of Bitget is $1.26M as on Jul 31, 2022.
What does Bitget do?
Bitget was founded in 2018 and is headquartered in the Cayman Islands. A community-driven platform for cryptocurrency and digital asset exchange is operated, focusing on derivative trading. Users are enabled to access a web-based wallet for buying, trading, holding, and earning cryptocurrencies. The service is made available on Android and iOS devices, supporting global operations in the fintech sector.
Who are the top competitors of Bitget?
Who are Bitget's investors?
Bitget has 2 investors. Key investors include DRAGONFLY, and Anlan Capital.
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