About Oobit
Oobit is a company based in Singapore (Singapore) founded in 2017 by Aharon Miller and Amram Adar. Oobit has raised $25 million across 2 funding rounds from investors including Tether, Titan Fund and 468 Capital. Oobit offers products and services including Oobit App. Oobit operates in a competitive market with competitors including Consensys, Luno, Amber Group, Matrixport and Abra, among others.
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$25M (USD), Series A
Feb 2024
- InvestorsTether
& 4 more
Products & Services of Oobit
Oobit offers a comprehensive portfolio of products and services, including Oobit App.
Mobile app for converting cryptocurrency to fiat for contactless payments.
Apps and channels of Oobit
its YouTube channel Oobit has 45.5K subscribers and 10 videos.
Videos from Oobit
The most watched videos on Oobit's YouTube channel, Oobit (45.5K subscribers). Click a video to play it here.
More on Oobit.
Funding Insights of Oobit
Oobit has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $25 million completed in February 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 $25M
- Total Rounds 2
- Last Round Series A — $25M
- Investors Count 5
All 2 funding rounds of Oobit 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 |
|---|---|---|---|---|---|
| Feb 2024 | $25M | Series A | – | Tether | |
| Jun 2022 | – | Seed | – | Teshuva Capital | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Oobit
Oobit has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tether, Titan Fund and 468 Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital fund focused on blockchain and Web3 technologies is managed. | – | titan.fund | Hong Kong, Hong Kong | |
Venture capital funding is provided to early-stage startups from Berlin. | – | 468cap.com | Berlin, Germany | |
Teshuva Capital is engaged in seed capital investment and consultancy. | – | teshuva-capital.nl | Barendrecht, Netherlands | |
USD-backed stablecoins are issued on multiple blockchains by Tether. | 2014 | tether.to | Santa Monica, United States | |
AY Anatoly Yakovenko | - | – | unknown_6997d58b30154b768 | - |
Investor details for Oobit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Oobit
11 people are tracked at Oobit (7 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Aharon Miller | Co-Founder & CMO | Leadership |
Amram Adar | Co-Founder & CEO | Leadership |
Eric Song | Chief Finance Officer | Leadership |
Nitai Aharoni | VP R&d | Leadership |
Dan Stern | Chief Revenue Officer (cro) | Leadership |
Vladimir Shakurov | Chief Technology Officer | Leadership |
Rinat Almogi | Head Of Compliance | Leadership |
Sergey Vashchuk | QA | Team |
Stefan Bacinschi | QA Specialist | Team |
Alik Moldovanu | Software Engineer At Oobit | Team |
Assaf Feldman | Backend Engineer | Team |
Complete people profiles for Oobit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Oobit
3 dated milestones of Oobit across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Oobit is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $25.0M.
Competitors of Oobit
Oobit 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 Consensys, Luno, Amber Group, Matrixport and Abra, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| luno.com | 2013 | London, United Kingdom | $13M | 127 | Mobile app for storing and trading cryptocurrencies is utilized. | |
| ambergroup.io | 2017 | Singapore | $628M | – | Blockchain-based financial solutions are offered for crypto trading and payments. | |
| matrixport.com | 2019 | Singapore | $100M | 290 | App-based platform offering crypto investment products and financial services solutions | |
| abra.com | 2014 | Mountain View, United States | $104M | 37 | An app-based platform is offered for cryptocurrency trading and investments. | |
| coins.ph | 2014 | Pasig, Philippines | $40M | – | Digital wallet for Bitcoin assets | |
| uphold.com | 2013 | London, United Kingdom | $73.36M | 14 | App-based wallet and exchange platform for cross-border money transfers | |
| fireblocks.com | 2018 | New York, United States | $1.04B | – | Provider of an online platform for crypto custody, payments, tokenization, and wallet-as-a-service | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | – | Crypto trading, loans, interest accounts, and wallets are offered online. | |
| crypto.com | 2016 | Singapore | – | – | App-based trading and deposit solutions for cryptocurrency are provided. |
Detailed competitors of Oobit
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 Oobit
The website of Oobit (oobit.com) receives about 170.8K visits a month.
- Monthly visits170.8K
▲ 122% vs previous month
Websites whose visitors overlap most with Oobit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
decripto.org | decripto.org | 100% | – | #442,634 | – |
| menafn.com | 100% | 262.2K | #188,689 | View details |
Latest news on Oobit
Complete news archive for Oobit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Oobit
10 companies that operate in the same segment as Oobit (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 | – | – |
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Frequently Asked Questions about Oobit
Oobit was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Oobit is headquartered in Singapore, Singapore.
Amram Adar is the current CEO of Oobit. They have also founded this company.
Oobit is a funded company, having raised a total of $25M across 2 funding rounds to date.
Oobit was founded in 2017 and is headquartered in Singapore. An online platform is operated for cryptocurrency trading, where digital assets such as Bitcoin and Ethereum are bought, sold, and exchanged by users. Payment cards are provided to enable transactions for goods and services. KYC and authentication processes are implemented to secure access to the network.
Oobit offers Oobit App.
Oobit has 5 investors. Key investors include Tether, Titan Fund, 468 Capital, Anatoly Yakovenko, and Teshuva Capital.
Oobit operates through Oobit Technologies Uab.
The website of Oobit receives about 171 thousand visits a month.