About BitMovio
BitMovio is a company based in Palo Alto (United States) founded in 2018 by Simon Zhu.. BitMovio has raised $600 thousand across 2 funding rounds from investors including IMO Ventures, Basis Set Ventures and BlockCentury. BitMovio operates in a competitive market with competitors including Theta Token, Flixxo, StreamRoot, Teltoo and Voddler Group, among others.
- Headquarter Palo Alto, United States
- Founders Simon Zhu
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bitmovio, Inc.
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Annual Revenue
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Net Profit
$-332.82 K0as on Dec 31, 2019
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EBITDA
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Total Equity Funding
$600 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
IMO Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of BitMovio
BitMovio has successfully raised a total of $600K across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(13 Sep 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - BitMovio | Valuation |
investors |
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| Sep, 2018 | Amount | Seed - BitMovio | Valuation |
investors |
| 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 BitMovio
BitMovio has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include IMO Ventures, Basis Set Ventures and BlockCentury. 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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VC firm investing in tech startups across US and China
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided to AI-native startups.
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Founded Year | Domain | Location | |
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Global innovation is empowered through blockchain-powered financial solutions.
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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 BitMovio
| 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.
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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 - BitMovio
| 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 |
Bitmovio Comparisons
Competitors of BitMovio
BitMovio 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 Theta Token, Flixxo, StreamRoot, Teltoo and Voddler Group, 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 |
Decentralized peer-to-peer video delivery is enabled through token rewards.
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| domain | founded_year | HQ Location |
Videos are distributed via a community platform with user rewards.
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Peer-to-peer video streaming technology is provided to connect users efficiently.
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P2P CDN solutions are delivered for video distribution.
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Bet88 provides online sports betting, casino games, slots, and lottery options for users.
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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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Latest news on Bitmovio
Frequently Asked Questions about BitMovio
When was BitMovio founded?
BitMovio was founded in 2018.
Where is BitMovio located?
BitMovio is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of BitMovio?
Simon Zhu is the current CEO of BitMovio. They have also founded this company.
Is BitMovio a funded company?
BitMovio is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Sep 13, 2018.
What does BitMovio do?
BitMovio was founded in 2018 in Palo Alto, United States, within the blockchain and media sectors. A decentralized platform for video distribution is maintained, with incentives integrated for peer-to-peer bandwidth sharing. Transactions are processed and secured using smart contracts. Features such as gifting, subscriptions, advertising, and crowdfunding are incorporated. Payments in Bitcoin and Ethereum are supported.
Who are the top competitors of BitMovio?
BitMovio's top competitors include Theta Token, Flixxo and StreamRoot.
Who are BitMovio's investors?
BitMovio has 5 investors. Key investors include IMO Ventures, Basis Set Ventures, BlockCentury, NorthBay Solutions, and Seraph Group.
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