BitRip

Belmont, United States Founded: 2019 • Age: 7 yrs
Provider of a scannable tape that can store data
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About BitRip

BitRip is a company based in Belmont (United States) founded in 2019 by Catherine Chapman and Nicholas Dimitruk.. BitRip has raised $3 million across 1 funding round. BitRip offers products and services including Asset Tags and Mobile App. BitRip operates in a competitive market with competitors including Chooch, Evrotrust, BioCatch, SenseTime and IDEMIA, among others.

  • Headquarter Belmont, United States
  • Founders Catherine Chapman, Nicholas Dimitruk
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nastro Technologies Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems → →
Technology → Cybersecurity & Privacy Solutions → →
Technology → Artificial Intelligence & Machine Learning → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    May 11, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of BitRip

BitRip offers a comprehensive portfolio of products and services, including Asset Tags and Mobile App. 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.

Primary

Rugged tags for instant assignment and real-time equipment tracking.

App for scanning tags and monitoring asset status on-the-go.

People of BitRip
Headcount 1-10
Employee Profiles 4
Employee Profiles
People
Kiel Wood
Director of Web Development
People
Nicholas Dimitruk
Chief Executive Officer
People
Catherine Chapman
Co-founder, VP Sales and Product
People
Thomas Blank
COO

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Teams
Kiel Wood

Product Management Team

1 people

Nicholas Dimitruk

Leadership Team

1 people

Catherine Chapman

Sales and Marketing

1 people

Thomas Blank

COO Team

1 people

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Funding Insights of BitRip

BitRip has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Seed round of $3 million completed in May 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 1
  • Last Round Seed — $3.0M
  • First Round

    (11 May 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2023 Amount Seed - BitRip Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by BitRip

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BitRip

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
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Bitrip Comparisons

Employees
+
Add Comparison
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Competitors of BitRip

BitRip 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 Chooch, Evrotrust, BioCatch, SenseTime and IDEMIA, 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
Chooch
domain founded_year HQ Location
Generative computer vision solutions are offered for video stream analysis.
Evrotrust
domain founded_year HQ Location
AI-based identity verification and electronic signing are provided for businesses.
BioCatch
domain founded_year HQ Location
Provider of behavioral biometrics cybersecurity solutions
SenseTime
domain founded_year HQ Location
AI based platform offering image recognition solutions
IDEMIA
domain founded_year HQ Location
Provider of biometric and cryptographic solutions for secure transactions and identity
iProov
domain founded_year HQ Location
Biometric solutions for online identity verification are provided.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bitrip

Frequently Asked Questions about BitRip

When was BitRip founded?

BitRip was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is BitRip located?

BitRip is headquartered in Belmont, United States. It is registered at Belmont, California, United States.

Who is the current CEO of BitRip?

Nicholas Dimitruk is the current CEO of BitRip. They have also founded this company.

Is BitRip a funded company?

BitRip is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Seed of $3M, raised on May 11, 2023.

What does BitRip do?

Provider of a scannable tape that can store data. It provides users with a platform that can serve as an alternative to a conventional 2D barcode system. The tape contains a continuous pattern which can be used by the proprietary app to capture and share data.

Who are the top competitors of BitRip?

BitRip's top competitors include iProov, Evrotrust and Chooch.

What products or services does BitRip offer?

BitRip offers Asset Tags and Mobile App.

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