About Bitly
Bitly is a company based in Vancouver (Canada) founded in 2019. It operates as a SaaS (Software-as-a-Service), and Freemium. Bitly has raised $150 thousand across 1 funding round from investors including Y Combinator. Bitly offers products and services including URL Shortener, QR Code Generator, and Analytics. Bitly operates in a competitive market with competitors including Cozi, Family Wall, Share(d), Hearth Display and OurHome, among others.
- Headquarter Vancouver, Canada
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Bitly Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150 K (USD)
in 1 rounds
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Latest Funding Round
$150 K (USD), Seed
Jun 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of Bitly
Bitly offers a comprehensive portfolio of products and services, including URL Shortener, QR Code Generator, and Analytics. 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.
Links are shortened and tracked for performance analysis.
QR codes are created for various business needs.
Performance of links and QR codes is analyzed.
Funding Insights of Bitly
Bitly has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Seed round of $150 thousand completed in June 2020. 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 — $150,000
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First Round
First Round
(01 Jun 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Bitly | Valuation | Y Combinator |
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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 Bitly
Bitly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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 Bitly
| 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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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 - Bitly
| 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 |
Bitly Comparisons
Competitors of Bitly
Bitly 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 Cozi, Family Wall, Share(d), Hearth Display and OurHome, 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 |
Family organizer app is provided for shared calendars and lists.
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| domain | founded_year | HQ Location |
Family communication and organization are facilitated via a SaaS app.
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| domain | founded_year | HQ Location |
Provider of a cloud-based family organiser app
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| domain | founded_year | HQ Location |
Family organizer platform provided for household coordination and tracking.
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| domain | founded_year | HQ Location |
Provides a comprehensive to-do list app designed for family organization.
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| domain | founded_year | HQ Location |
Milo is a company with limited information available online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Bitly
When was Bitly founded?
Bitly was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Bitly located?
Bitly is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Bitly a funded company?
Bitly is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Seed of $150K, raised on Jun 01, 2020.
What does Bitly do?
Bitly is engaged in offering digital tools for URL shortening and QR code generation. Services are provided across various sectors including retail, hospitality, and technology. Solutions such as branded links, analytics, and mobile links are developed to enhance customer engagement and track performance. The platform is utilized by businesses to connect offline campaigns to online data and create interactive experiences.
Who are the top competitors of Bitly?
Bitly's top competitors include Cozi, Family Wall and Share(d).
What products or services does Bitly offer?
Bitly offers URL Shortener, QR Code Generator, and Analytics.
Who are Bitly's investors?
Bitly has 1 investor. Key investors include Y Combinator.