About Bits of Stock
Bits of Stock is a company based in New York (United States) founded in 2019.. Bits of Stock has raised $4.4 million across 1 funding round from investors including Snap, Keen Venture Partners and Snap Inc.. Bits of Stock offers products and services including Stock Rewards, Fractional Trading, Crypto Investments, and API Integration. Bits of Stock operates in a competitive market with competitors including Vested Finance, Stockpile, Sprout and Spark Gift, among others.
- Headquarter New York, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Emcee Invest, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.4 M (USD)
in 1 rounds
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Latest Funding Round
$4.4 M (USD), Seed
Jun 14, 2022
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Investors
Snap
& 2 more
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Employee Count
Employee Count
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Products & Services of Bits of Stock
Bits of Stock offers a comprehensive portfolio of products and services, including Stock Rewards, Fractional Trading, Crypto Investments, and API Integration. 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.
Platform for offering fractional stocks to increase bank deposits and engagement
Service enabling trading of fractional shares for new investors
Tool for integrating crypto rewards into banking platforms
API for custom building of investment features in banking systems
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Leadership Team
1 people
Co Team
1 people
Sales and Marketing
1 people
Senior Team
1 people
Product Management Team
1 people
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Funding Insights of Bits of Stock
Bits of Stock has successfully raised a total of $4.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.4 million completed in June 2022. 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 Seed — $4.4M
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First Round
First Round
(14 Jun 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Seed - Bits of Stock | Valuation | Keen Venture Partners |
| 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 Bits of Stock
Bits of Stock has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Snap, Keen Venture Partners and Snap Inc.. 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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Provider of venture capital funding for technology and defence companies
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Founded Year | Domain | Location | |
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Snap Inc. is recognized as a technology company focused on camera-based communication.
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Founded Year | Domain | Location | |
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Communication and media sharing are enabled via an online platform.
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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 Bits of Stock
| 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 - Bits of Stock
| 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 |
Bits Of Stock Comparisons
Competitors of Bits of Stock
Bits of Stock 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 Vested Finance, Stockpile, Sprout and Spark Gift, 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 |
Online trading and investment platform
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| domain | founded_year | HQ Location |
Fractional investing platform for stocks
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| domain | founded_year | HQ Location |
Virtual spaces for calling and meetings are provided to users.
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| domain | founded_year | HQ Location |
Platform for gifting stocks, bonds, and index funds
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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 Bits Of Stock
Frequently Asked Questions about Bits of Stock
When was Bits of Stock founded?
Bits of Stock was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Bits of Stock located?
Bits of Stock is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Bits of Stock a funded company?
Bits of Stock is a funded company, having raised a total of $4.4M across 1 funding round to date. The company's 1st funding round was a Seed of $4.4M, raised on Jun 14, 2022.
What does Bits of Stock do?
Bits of Stock was founded in 2019 in New York, United States, as a platform in the fintech sector focused on brand loyalty and investments. Bank accounts are linked by users to the platform, where brands are selected from available options. Fractional shares of stocks, known as bits, are earned whenever purchases are made with those brands. Operations emphasize integration of everyday spending with micro-investing opportunities.
Who are the top competitors of Bits of Stock?
Bits of Stock's top competitors include Stockpile, Vested Finance and Spark Gift.
What products or services does Bits of Stock offer?
Bits of Stock offers Stock Rewards, Fractional Trading, Crypto Investments, and API Integration.
Who are Bits of Stock's investors?
Bits of Stock has 3 investors. Key investors include Snap, Keen Venture Partners, and Snap Inc..