Bridge

San Francisco, United States Founded: 2022 • Age: 4 yrs Acquired By Stripe
Stablecoin APIs are provided to enable developers money movement experiences.
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About Bridge

Bridge is a company based in San Francisco (United States) founded in 2022 by Sean Yu and Zach Abrams was acquired by Stripe in October 2024. It operates as a API-as-a-Product, and FinTech. Bridge has raised $40 million across 1 funding round from investors including Stripe, Ribbit Capital and Sequoia Capital. The company has 13 employees as of December 31, 2023. Bridge has completed 1 acquisition, including Triangle. Bridge offers products and services including Orchestration, Issuance, Cards, Wallets, and Cross Border Payments. Bridge operates in a competitive market with competitors including Yieldblock, Ample Coin and GooGwai Global, among others.

  • Headquarter San Francisco, United States
  • Employees 13 as on 31 Dec, 2023
  • Founders Sean Yu, Zach Abrams
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bridge Ventures Llc
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $40 M (USD)

    in 1 rounds

  • Latest Funding Round
    $40 M (USD), Series C

    Aug 29, 2024

  • Investors
    Stripe

    & 4 more

  • Employee Count
    13

    as on Dec 31, 2023

  • Investments & Acquisitions
  • Acquired by
    Stripe

    (Oct 21, 2024)

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Products & Services of Bridge

Bridge offers a comprehensive portfolio of products and services, including Orchestration, Issuance, Cards, Wallets, and Cross Border Payments. 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

Stablecoins are moved and stored via single API.

Stablecoins are issued with conversion and reward options.

Global card programs are offered for businesses.

Digital asset wallets are created at scale.

Instant global payments are enabled with stablecoins.

Funding Insights of Bridge

Bridge has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series C round of $40 million completed in August 2024. 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 Series C — $40.0M
  • First Round

    (29 Aug 2024)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Series C - Bridge Valuation Sequoia Capital , Ribbit Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Bridge

Bridge has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Stripe, Ribbit Capital and Sequoia Capital. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sequoia Capital is engaged in venture capital investments.
Founded Year Domain Location
Early-stage companies in fintech and multiple sectors are invested in.
Founded Year Domain Location
Venture capital investments in technology startups and entrepreneurs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bridge

Bridge has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Triangle. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Triangle is focused on providing Web3 wallet infrastructure APIs.
2022
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Bridge

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bridge Comparisons

Employees
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Competitors of Bridge

Bridge 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 Yieldblock, Ample Coin and GooGwai Global, 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
Cryptocurrency staking and investment platform
domain founded_year HQ Location
Offers a comprehensive cryptocurrency platform specializing in stablecoin solutions.
domain founded_year HQ Location
Operates a decentralized financial payment network for secure transactions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bridge

Frequently Asked Questions about Bridge

When was Bridge founded?

Bridge was founded in 2022 and raised its 1st funding round 2 years after it was founded.

Where is Bridge located?

Bridge is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Who is the current CEO of Bridge?

Zach Abrams is the current CEO of Bridge. They have also founded this company.

Is Bridge a funded company?

Bridge is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series C of $40M, raised on Aug 29, 2024.

How many employees does Bridge have?

As of Dec 31, 2023, the latest employee count at Bridge is 13.

What does Bridge do?

Stablecoin infrastructure and APIs are developed by Bridge to facilitate global money movement. Solutions for orchestration, issuance, card programs, digital wallets, and cross-border payments are offered. Businesses are enabled to integrate stablecoin payments, expand globally, and reduce costs. Sectors such as financial services and payment solutions are primarily targeted, supporting teams in building innovative money movement experiences across regions like LATAM and the US.

Who are the top competitors of Bridge?

Bridge's top competitors include Yieldblock, Ample Coin and GooGwai Global.

What products or services does Bridge offer?

Bridge offers Orchestration, Issuance, Cards, Wallets, and Cross Border Payments.

How many acquisitions has Bridge made?

Bridge has made 1 acquisition, including Triangle.

Who are Bridge's investors?

Bridge has 5 investors. Key investors include Stripe, Ribbit Capital, Sequoia Capital, Index Ventures, and Haun Ventures.

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