Bitt

company

About

Bitt is a global financial software company that catalyzes the transformation from traditional to digital currency systems.

Details

Last Funding Type
Funding Round
Last Funding Money Raised
$8M
Industries
Blockchain,Financial Services,FinTech,Mobile Payments,Payments,Software,Virtual Currency
Founded date
Jan 1, 2013
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Bitt Inc.

Bitt is a global financial software company that catalyzes the transformation from traditional to digital currency systems. Our solutions are critical for the operationalization of CBDC and digital currencies for all ecosystem participants. The Bitt Digital Currency Management System (DCMS) enables central banks to efficiently deploy a CBDC of their own, while also enabling financial institutions to integrate with internet native payment rails (CBDCs, stablecoins, and cryptocurrencies), manage their treasury operations, and provide powerful payment services to retail and enterprise clients.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$31M
Bitt has raised a total of $31M in funding over 2 rounds. Their latest funding was raised on Oct 28, 2020 from a Funding Round round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 28, 2020 Funding Round $8M 1 Medici Ventures Detail
Oct 1, 2020 Series B $11.50M 1 Pelion Venture Partners Detail
Aug 1, 2019 Series A $3M 1 Medici Ventures Detail
Mar 8, 2018 Series A $3M 1 Medici Ventures Detail
Apr 2, 2016 Series A $4M 1 Overstock Detail

Investors

Number of Lead Investors
Number of Investors
5
3
Bitt is funded by 3 investors. Medici Ventures and Pelion Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Medici Ventures Yes Funding Round
Pelion Venture Partners Yes Series B
Overstock Yes Series A

Employee Profiles

Number of Employee Profiles
11
Bitt has 11 current employee profiles, including Board member Carine Strom Clark
Board member
Board member
Executive
Board member