About Bitnomial
Bitnomial is a company based in Chicago (United States) founded in 2014 by Luke Hoersten. Bitnomial has raised $46.89 million across 4 funding rounds from investors including Ripple, Electric Capital and Jump Capital. The company has 19 employees as of December 31, 2024. Bitnomial operates in a competitive market with competitors including Deribit, D2X, Zeta Markets, Delta and SignalPlus, among others.
- Headquarter Chicago, United States
- Employees 19 as on 31 Dec, 2024
- Founders Luke Hoersten
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$46.89 M (USD)
in 4 rounds
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Latest Funding Round
$27.79 M (USD), Series C
Jul 12, 2024
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Investors
Ripple
& 2 more
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Employee Count
19
as on Dec 31, 2024
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Acquired by
(Apr 17, 2026)
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People of Bitnomial
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Funding Insights of Bitnomial
Bitnomial has successfully raised a total of $46.89M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $27.79 million completed in July 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.
Investors in Bitnomial
Bitnomial has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Ripple, Electric Capital and Jump Capital.
| Investor | Description | Founded Year | Domain | Location |
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Cryptocurrency investment firm
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Locked | Locked | Locked | |
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Venture capital and funds of fund firm focused on multiple sectors
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Locked | Locked | Locked | |
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Blockchain-based payment network for cross-border transfers is developed.
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Locked | Locked | Locked |
Investor details for Bitnomial
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Investments & Acquisitions by Bitnomial
Investment portfolio details for Bitnomial
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Financial Statements - Bitnomial
Detailed financials for Bitnomial
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Bitnomial Comparisons
Peer comparison for Bitnomial
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Competitors of Bitnomial
Bitnomial 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 Deribit, D2X, Zeta Markets, Delta and SignalPlus, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Deribit is recognized as a leading crypto derivatives exchange.
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| Locked | Locked | Locked |
Digital stock exchange operations are facilitated in Europe.
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| Locked | Locked | Locked |
Online futures & options trading platform for cryptocurrency
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| Locked | Locked | Locked |
Cryptocurrency portfolios are tracked via the Delta mobile app.
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| Locked | Locked | Locked |
AI-enabled trading software suite for digital assets
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Detailed competitors of Bitnomial
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Latest news on Bitnomial
Complete news archive for Bitnomial
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Frequently Asked Questions about Bitnomial
Bitnomial was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Bitnomial is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Luke Hoersten is the current CEO of Bitnomial. They have also founded this company.
Bitnomial is a funded company, having raised a total of $46.89M across 4 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Bitnomial is 19.
Bitnomial was founded in 2014 in Chicago, United States, as a platform focused on bitcoin derivatives. Exchange solutions for futures and options are offered, along with digital asset settlement systems. A marketplace is facilitated to connect digital asset hedgers with institutional traders in the cryptocurrency sector. Operations emphasize secure trading environments for institutional participants.
Bitnomial's top competitors include Deribit, D2X and SignalPlus.
Bitnomial has 3 investors. Key investors include Ripple, Electric Capital, and Jump Capital.