About Bitnine
Bitnine is a company based in San Francisco (United States) founded in 2013 by CheolSun Kang was acquired by Directors Company in December 2024.. Bitnine has raised $10 million across 1 funding round from investors including Directors Company. The company has 40 employees as of December 31, 2024. Bitnine operates in a competitive market with competitors including Neo4j, Stardog Union, TigerGraph, Cambridge Semantics and Nebula Graph, among others.
- Headquarter San Francisco, United States
- Employees 40 as on 31 Dec, 2024
- Founders CheolSun Kang
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Skai Worldwide Co. Ltd.
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Annual Revenue
$13.46 M (USD)-18.19as on Dec 31, 2024
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Net Profit
$-16.12 M (USD)-42.81as on Dec 31, 2024
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EBITDA
$-7.22 M (USD)2.69as on Dec 31, 2024
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Jun 01, 2018
- Investors
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Employee Count
40
as on Dec 31, 2024
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Acquired by
Directors Company
(Dec 05, 2024)
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IPO & Listings of Bitnine
Bitnine is a publicly listed company on the KRX with ticker symbol 357880 in South Korea, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Bitnine
Bitnine has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in June 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 Funding
- Total Rounds 1
- Last Round Series A — $10.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Bitnine | Valuation |
investors |
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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 Bitnine
Bitnine has secured backing from 1 investor. Prominent investors backing the company include Directors Company. 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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Branding, advertising, and creative services are provided to clients.
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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 Bitnine
| 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 - Bitnine
| 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 |
Bitnine Comparisons
Competitors of Bitnine
Bitnine 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 Neo4j, Stardog Union, TigerGraph, Cambridge Semantics and Nebula Graph, 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 |
Provider of a native graph database management system for storing and analyzing complex relationships and patterns across large datasets
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| domain | founded_year | HQ Location |
Developer of an enterprise knowledge graph platform and AI data assistant
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| domain | founded_year | HQ Location |
Graph database for massive parallel processing is offered.
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| domain | founded_year | HQ Location |
Graph-based data analytics platform for enterprise data management is offered.
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| domain | founded_year | HQ Location |
An open source graph database solution is offered.
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| domain | founded_year | HQ Location |
Cloud-based open-source distributed graph database is provided for scalable queries.
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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 Bitnine
Frequently Asked Questions about Bitnine
When was Bitnine founded?
Bitnine was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Bitnine located?
Bitnine is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Bitnine?
CheolSun Kang is the current CEO of Bitnine. They have also founded this company.
Is Bitnine a funded company?
Bitnine is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2018.
How many employees does Bitnine have?
As of Dec 31, 2024, the latest employee count at Bitnine is 40.
What is the annual revenue of Bitnine?
Annual revenue of Bitnine is $13.46M as on Dec 31, 2024.
What does Bitnine do?
Bitnine was founded in 2013 and is based in San Francisco, United States. A multi-model graph DBMS named AgensGraph is developed for BigData and IT environments. Relational and graph data models are combined within a single database instance. SQL and Cypher querying are supported simultaneously. Features such as hierarchical labels, ACID transactions, Hadoop integration, indexing, data object management, and standby replication are included.
Who are the top competitors of Bitnine?
Bitnine's top competitors include Neo4j, Stardog Union and TigerGraph.
Is Bitnine publicly traded?
Yes, Bitnine is publicly traded on KRX under the ticker symbol 357880.
Who are Bitnine's investors?
Bitnine has 1 investor. Key investors include Directors Company.
What is Bitnine's ticker symbol?
The ticker symbol of Bitnine is 357880 on KRX.
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