BitGo

San Francisco, United States Founded: 2017 • Age: 9 yrs Acquired By BitGo
Private securities are tokenized on blockchain to boost liquidity.
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About BitGo

BitGo is a company based in San Francisco (United States) founded in 2017 by Bob Remeika was acquired by BitGo in February 2020. It operates as a Crypto-as-a-Service, Managed Services, and FinTech. BitGo has raised $38 million across 2 funding rounds from investors including BitGo, Fifth Wall and 1confirmation. BitGo offers products and services including Wallet Services, Prime Services, Stablecoin-as-a-Service, and Crypto-as-a-Service. BitGo operates in a competitive market with competitors including INX, Securitize, Zoth, TOKENY and Fraction, among others.

  • Headquarter San Francisco, United States
  • Founders Bob Remeika
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bitgo Holdings, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38 M (USD)

    in 2 rounds

  • Latest Funding Round
    $28 M (USD), Series A

    Apr 17, 2018

  • Investors
    BitGo

    & 16 more

  • Employee Count
    Employee Count
  • Acquired by
    BitGo

    (Feb 18, 2020)

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Products & Services of BitGo

BitGo offers a comprehensive portfolio of products and services, including Wallet Services, Prime Services, Stablecoin-as-a-Service, and Crypto-as-a-Service. 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.

Primary

Secure wallet solutions are provided for digital assets.

Liquidity and capital access are facilitated for clients.

Stablecoin issuance and management are supported for users.

Onchain building tools are offered for developers securely.

People of BitGo
Headcount 10000+
Employee Profiles 8
Employee Profiles
People
Mike Belshe
Co-Founder & CEO
People
Jake O
Managing Director, Head of Ecosystem
People
Ping Chen
Head Of Marketing
People
Ron Niederman
Marketing Associate

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Funding Insights of BitGo

BitGo has successfully raised a total of $38M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $28 million completed in April 2018. 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 Rounds 2
  • Last Round Series A — $28.0M
  • First Round

    (06 Feb 2018)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2018 Amount Series A - BitGo Valuation Founders Fund
Feb, 2018 Amount Series A - BitGo Valuation Vy Capital , Valor Equity Partners
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 BitGo

BitGo has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include BitGo, Fifth Wall and 1confirmation. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology and defense sectors.
Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Blockchain-focused investment funds and venture capital are provided.
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 BitGo

Investments
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 - BitGo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Bitgo Comparisons

Employees
+
Add Comparison
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Competitors of BitGo

BitGo 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 INX, Securitize, Zoth, TOKENY and Fraction, 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
Automated trading platform for cryptocurrencies and derivatives is operated.
domain founded_year HQ Location
Blockchain-based platform for asset tokenization and investor management.
domain founded_year HQ Location
Blockchain-based platform for tokenized art and real estate assets
domain founded_year HQ Location
Compliant platform for issuing and managing security tokens.
domain founded_year HQ Location
Fraction is established as a fractional ownership platform.
domain founded_year HQ Location
Assets are tokenized on blockchain for investor trading.
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.

Latest news on Bitgo

Frequently Asked Questions about BitGo

When was BitGo founded?

BitGo was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is BitGo located?

BitGo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of BitGo?

Joshua Stein is the current CEO of BitGo.

Is BitGo a funded company?

BitGo is a funded company, having raised a total of $38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Feb 06, 2018.

What does BitGo do?

Digital asset infrastructure is delivered by BitGo, focusing on secure wallet solutions, prime financial services, and protocol solutions like stablecoin issuance. Services are tailored for institutional investors, trading firms, and developers across cryptocurrency and blockchain sectors. Custody, staking, and settlement solutions are offered with high security standards, including regulated and insured qualified custody. Operations span globally, supporting borderless, always-on financial systems with innovative tools for tokenized assets and onchain development.

Who are the top competitors of BitGo?

BitGo's top competitors include INX, Zoth and Securitize.

What products or services does BitGo offer?

BitGo offers Wallet Services, Prime Services, Stablecoin-as-a-Service, and Crypto-as-a-Service.

Who are BitGo's investors?

BitGo has 17 investors. Key investors include BitGo, Fifth Wall, 1confirmation, Founders Fund, and Andreessen Horowitz.

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