About Bitwarden
Bitwarden is a company based in Santa Barbara (United States) founded in 2015 by Kyle Spearrin.. Bitwarden has raised $100 million across 2 funding rounds from investors including PSG Equity and Battery Ventures. Bitwarden has completed 1 acquisition, including Bitwarden Passwordless.dev. Bitwarden operates in a competitive market with competitors including 1Password, Dashlane, LastPass, Keeper Security and Passbolt, among others.
- Headquarter Santa Barbara, United States
- Founders Kyle Spearrin
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series C
Sep 06, 2022
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Investors
PSG Equity
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Bitwarden
Bitwarden has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in September 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 2
- Last Round Series C — $100.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Series C - Bitwarden | Valuation | PSG | |
| Jun, 2019 | Amount | Series A - Bitwarden | Valuation |
investors |
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| 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 Bitwarden
Bitwarden has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include PSG Equity and Battery 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.
| Investor | Description | Founded Year | Domain | Location |
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Capital and operational support are provided to growth-stage software companies.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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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 Bitwarden
Bitwarden has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bitwarden Passwordless.dev. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Open-source passwordless authentication solutions are provided to developers.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bitwarden
| 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 |
Bitwarden Comparisons
Competitors of Bitwarden
Bitwarden 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 1Password, Dashlane, LastPass, Keeper Security and Passbolt, 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 |
Cloud based platform for remote access software
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| domain | founded_year | HQ Location |
Provider of password management and credential security solutions
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| domain | founded_year | HQ Location |
Cloud-based password management and secure data storage are provided.
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| domain | founded_year | HQ Location |
Web-based password manager solutions are developed for secure password handling.
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| domain | founded_year | HQ Location |
Open-source password manager for secure team collaboration is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Bitwarden
When was Bitwarden founded?
Bitwarden was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Bitwarden located?
Bitwarden is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California, United States.
Is Bitwarden a funded company?
Bitwarden is a funded company, having raised a total of $100M across 2 funding rounds to date.
What does Bitwarden do?
Bitwarden was founded in 2015 in Santa Barbara, United States, and operates in the cybersecurity sector. A password management tool is offered, where passwords are encrypted using AES-256 and stored in the cloud for access across websites and devices. Data sharing is enabled, and the open-source software is available on iOS and Android platforms under a freemium pricing model.
Who are the top competitors of Bitwarden?
How many acquisitions has Bitwarden made?
Bitwarden has made 1 acquisition, including Bitwarden Passwordless.dev.
Who are Bitwarden's investors?
Bitwarden has 2 investors. Key investors include PSG Equity, and Battery Ventures.
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