Bitpanda

Vienna, Austria Founded: 2014 • Age: 12 yrs
Cryptocurrencies are traded via a blockchain-based platform.
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About Bitpanda

Bitpanda is a company based in Vienna (Austria) founded in 2014 by Christian Trummer, Eric Demuth, and Paul Klanschek.. Bitpanda has raised $530.04 million across 6 funding rounds from investors including Wintermute, Speedinvest and Valar Ventures. The company has 1 employees as of December 31, 2022. Bitpanda has completed 1 acquisition, including Trustology. Bitpanda operates in a competitive market with competitors including Coinsquare, KuCoin, Kraken, Bitso and Coinbase, among others.

  • Headquarter Vienna, Austria
  • Employees 1 as on 31 Dec, 2022
  • Founders Christian Trummer, Eric Demuth, Paul Klanschek
  • Stage Unicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Panda Investment
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $530.04 M (USD)

    in 6 rounds

  • Latest Funding Round
    $33 M (USD), Series C

    Jun 29, 2023

  • Investors
    Wintermute

    & 9 more

  • Employee Count
    1

    as on Dec 31, 2022

  • Investments & Acquisitions
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People of Bitpanda
Headcount 500-1000
Employee Profiles 140
Employee Profiles
People
Peter Jelinek
AML Officer (in Regulated Subsidiaries)
People
Oriol Marti
Head Of Engineering
People
Erno Horvath
Strategic Finance Expert
People
Nicola Ziggiotto
Customer Care Manager

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Funding Insights of Bitpanda

Bitpanda has successfully raised a total of $530.04M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in June 2023. 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 6
  • Last Round Series C — $33.0M
  • First Round
  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2023 Amount Series C - Bitpanda Valuation Valar Ventures
Aug, 2021 Amount Series C - Bitpanda Valuation Valar Ventures
May, 2021 Amount Series B - Bitpanda Valuation

investors

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 Bitpanda

Bitpanda has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wintermute, Speedinvest and Valar Ventures. 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
Global investments in tech sectors are conducted by Valar Ventures.
Founded Year Domain Location
Venture capital investments are directed toward early-stage fintech startups.
Founded Year Domain Location
Early-stage venture capital and startup acceleration 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 Bitpanda

Bitpanda has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trustology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cryptocurrency assets are safeguarded via digital-key custodial solutions.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Bitpanda

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

Bitpanda Comparisons

Employees
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Competitors of Bitpanda

Bitpanda 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 Coinsquare, KuCoin, Kraken, Bitso and Coinbase, 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
Digital assets are bought, sold, and traded on Coinsquare.
domain founded_year HQ Location
Cryptocurrencies are bought, sold, and traded via this exchange platform.
domain founded_year HQ Location
Provider of an app-based trading and exchange platform for cryptocurrency
domain founded_year HQ Location
Cryptocurrencies are traded and exchanged through an online platform.
domain founded_year HQ Location
Cryptocurrency trading, storage, and exchange services are offered online.
domain founded_year HQ Location
Online robo advisory and stock trading services are provided.
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 Bitpanda

Frequently Asked Questions about Bitpanda

When was Bitpanda founded?

Bitpanda was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is Bitpanda located?

Bitpanda is headquartered in Vienna, Austria.

Who is the current CEO of Bitpanda?

Eric Demuth is the current CEO of Bitpanda. They have also founded this company.

Is Bitpanda a funded company?

Bitpanda is a funded company, having raised a total of $530.04M across 6 funding rounds to date. The company's 1st funding round was a Series B of $12.04M, raised on Apr 08, 2020.

How many employees does Bitpanda have?

As of Dec 31, 2022, the latest employee count at Bitpanda is 1.

What does Bitpanda do?

Founded in 2014 in Vienna, Austria, Bitpanda functions as a platform for cryptocurrency trading within the blockchain sector. Various digital assets, including Bitcoin, Ethereum, Dash, Litecoin, Ripple, and Bitcoin Cash, are bought, sold, and exchanged by users over encrypted networks. Access is provided through iOS and Android applications, with features such as real-time pricing, educational tutorials, and cryptocurrency swapping tools incorporated for operational support.

Who are the top competitors of Bitpanda?

Bitpanda's top competitors include Coinbase, Bitso and KuCoin.

How many acquisitions has Bitpanda made?

Bitpanda has made 1 acquisition, including Trustology.

Who are Bitpanda's investors?

Bitpanda has 10 investors. Key investors include Wintermute, Speedinvest, Valar Ventures, MiddleGame Ventures, and Keyrock.

What is Bitpanda's valuation?

The valuation of Bitpanda is $4.1B as of Aug 2021.

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