About Bitsimple
Bitsimple is a company based in Wilmington (United States) founded in 2012. Bitsimple has raised $600 thousand across 1 funding round. Bitsimple operates in a competitive market with competitors including CoinMama, LibertyX, Azteco, Bitcoin Australia and Expresscoin, among others.
- Headquarter Wilmington, United States
- SectorsFinancial Services
- Website bitsimple.com
- Social LinkedIn X Facebook
- Total Equity Funding$600K (USD)
in 1 rounds
- Latest Funding Round$600K (USD), Seed
Jan 2014
Funding Insights of Bitsimple
Bitsimple has successfully raised a total of $600K through 1 strategic funding round. The most recent funding activity was a Seed round of $600 thousand completed in January 2014. 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 $600,000
- Total Rounds 1
- Last Round Seed — $600,000
- First Round $600,000
(Jan 2014)
All 1 funding rounds of Bitsimple with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $600,000 | Seed | – | – | – |
Timeline of Bitsimple
2 dated milestones of Bitsimple across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Bitsimple is founded.
- Funding First funding round of $600K.
Competitors of Bitsimple
Bitsimple 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 CoinMama, LibertyX, Azteco, Bitcoin Australia and Expresscoin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coinmama.com | 2013 | – | $2.4M | – | Cryptocurrencies are bought and sold via an online platform. | |
| libertyx.com | 2013 | Boston, United States | $804,104 | – | Bitcoin ATMs at retail stores | |
| azte.co | 2014 | London, United Kingdom | $6M | – | Bitcoin vouchers are sold through cash-based retailer networks. | |
| bitcoin.com.au | 2013 | Melbourne, Australia | $2.95M | – | Cash-based Bitcoin buying and selling services are offered in Australia. | |
| expresscoin.com | 2013 | Santa Monica, United States | $150,000 | – | Online Bitcoin reseller. | |
| buyabitcoin.com.au | 2014 | Melbourne, Australia | – | – | Bitcoins are bought and sold for cash by Australians only. | |
| satoshiportal.com | 2015 | Montreal, Canada | – | – | Functions as an online retailer and exchanger for Bitcoin. |
Detailed competitors of Bitsimple
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bitsimple
The website of Bitsimple (bitsimple.com) receives about 13.3K visits a month.
- Monthly visits13.3K
▲ 7.6% vs previous month
Websites whose visitors overlap most with Bitsimple. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bitquick.co | 100% | – | – | View details | |
cashinbitcoins.com | cashinbitcoins.com | 96% | – | – | – |
| localbitcoins.com | 70% | 53.7K | #552,091 | View details |
Similar companies to Bitsimple
10 companies that operate in the same segment as Bitsimple (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | – | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | – | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 3,770 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico | USD 331.35 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Bitsimple
Bitsimple was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Bitsimple is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Bitsimple is a funded company, having raised a total of $600K across 1 funding round to date. The company's 1st funding round was a Seed of $600K, raised on Jan 2014.
Bitsimple was established in 2012 in Wilmington, United States, as a direct Bitcoin brokerage platform operated by Tangible Cryptography. Bitcoin transactions were enabled directly from users wallets using fiat currency, bypassing traditional exchanges. Rates were set within 1 to 2 of the CoinDesk Bitcoin Price Index. Services were restricted to United States residents, though the website ceased functionality by June 2016.