BitRip

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

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
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website bitrip.com
  • Social LinkedIn Facebook YouTube
  • Legal Name Nastro Technologies Inc.
Key Metrics
  • Total Equity Funding
    $3M (USD)

    in 1 rounds

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

    May 2023

Products & Services of BitRip

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

Asset Tags
Tracking Device

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

Mobile App
Asset Management App

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

Apps and channels of BitRip

its YouTube channel BitRip has 101 subscribers and 30 videos.

BitRip
YouTube 101 subscribers 30 videos Howto & Style
Open channel

Videos from BitRip

The most watched videos on BitRip's YouTube channel, BitRip (101 subscribers). Click a video to play it here.

Make Safety Easy with SMART Labels
12.6K views
Stop Tracking Assets with Spreadsheets. Try Smart Labels Today!
11.8K views
Smart Labels are the Affordable Way to Track Materials & Equipment
151 views
Make Safety Easy with Smart Labels
122 views

More on BitRip.

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 $3M
  • Total Rounds 1
  • Last Round Seed β€” $3M
  • First Round $3M

    (May 2023)

All 1 funding rounds of BitRip with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023$3MSeed––
–

People of BitRip

4 people are tracked at BitRip (4 in leadership).

NameRoleGroup
Catherine Chapman
Co-Founder & Product Development LeadLeadership
Nicholas Dimitruk
Co-Founder & CEOLeadership
Kiel Wood
Director of Web DevelopmentLeadership
Thomas Blank
COOLeadership
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Complete people profiles for BitRip

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  • Team structure
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Timeline of BitRip

2 dated milestones of BitRip across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded BitRip is founded.
  2. Funding First funding round of $3.0M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
chooch.com2015San Mateo, United States$42.91M–
Generative computer vision solutions are offered for video stream analysis.
evrotrust.com2015Sofia, Bulgaria$13.83M–
AI-based identity verification and electronic signing are provided for businesses.
biocatch.com2011Tel Aviv, Israel$213.1M–
Provider of behavioral biometrics cybersecurity solutions
sensetime.com2014Hong Kong, China$2.82B–
AI based platform offering image recognition solutions
idemia.com2007Courbevoie, France–1,145
Provider of biometric and cryptographic solutions for secure transactions and identity
iproov.com2011London, United Kingdom$85.13M169
Biometric solutions for online identity verification are provided.
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Detailed competitors of BitRip

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
  • Benchmarks
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Web traffic of BitRip

The website of BitRip (bitrip.com) receives about 2K visits a month.

  • Monthly visits
    2K

    ▲ 25.2% vs previous month

Latest news on Bitrip

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Complete news archive for BitRip

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to BitRip

10 companies that operate in the same segment as BitRip (Physical Security & Surveillance), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B3,500
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Family and friends are connected through location-sharing mobile app.
2008San Francisco, California, United StatesUSD 89.74 MUSD 489.48 M569
Wireless home security systems are offered with cellular monitoring.
2006Boston, Massachusetts, United StatesUSD 387 M––
Enterprise video surveillance systems and platforms are developed.
2016San Mateo, California, United StatesUSD 656.64 M––
Wireless smart home security cameras and doorbells are provided.
2009Boston, Massachusetts, United StatesUSD 40.07 M––
Locations are identified and shared via unique three-word addresses.
2013London, England, United KingdomUSD 231.46 M––
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
A personal safety network is provided for community protection.
2017New York, New York, United StatesUSD 143.72 M––
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Frequently Asked Questions about BitRip

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

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

Nicholas Dimitruk is the current CEO of BitRip. They have also founded this 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 2023.

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.

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

BitRip offers Asset Tags and Mobile App.

BitRip operates through Nastro Technologies Inc..

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