bitpay.comFinTech / PaymentsFounded: 2011Funding to Date: $76.65MM
BitPay is a smart and secure crypto app that allows users to buy, store, swap and spend cryptocurrency. BitPay allows users to turn Bitcoin into dollars with the BitPay crypto debit card and earn cash back automatically. The company was founded by Anthony Gallippi and Stephen Pair in 2011 and is headquartered in Atlanta, GA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
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04/02/2018 | Series B-1 | $27.14MM | $xx.xx | $366.18MM | Aquiline Capital Partners, Menlo Ventures, Capital Nine, G Squared, Nimble Ventures, Delta-v Capital, Christopher Klauss Family Office | |
Price per Share
$xx.xx
Shares Outstanding
5,328,645
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Aquiline Capital Partners, Menlo Ventures, Capital Nine, G Squared, Nimble Ventures, Delta-v Capital, Christopher Klauss Family Office
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04/02/2018 | Series B | $16.31MM | $xx.xx | $366.18MM | Aquiline Capital Partners, Menlo Ventures, Capital Nine, G Squared, Nimble Ventures, Delta-v Capital, Christopher Klauss Family Office | |
Price per Share
$xx.xx
Shares Outstanding
4,739,446
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Aquiline Capital Partners, Menlo Ventures, Capital Nine, G Squared, Nimble Ventures, Delta-v Capital, Christopher Klauss Family Office
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05/13/2014 | Series A | $30.5MM | $xx.xx | $161.16MM | Index Ventures, Horizons Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Richard Branson, AME Cloud Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,470,690
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Index Ventures, Horizons Ventures, Founders Fund, Felicis Ventures, RRE Ventures, TTV Capital, Richard Branson, AME Cloud Ventures
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05/16/2013 | Series Seed-2 | $2MM | $xx.xx | $21MM | Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
4,615,560
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund
|
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01/07/2013 | Series Seed | $700,000 | $xx.xx | $4.38MM | Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver | |
Price per Share
$xx.xx
Shares Outstanding
7,000,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Shakil Khan, Barry Silbert, Jimmy Furland, Roger Ver
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