COMPANY PROFILE

Gitcoin

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Platform to enable open source developers to monetize their work when it is used

Boulder, United StatesFounded 2017eCommerce & Marketplaces

Valuation $50–100M Last recorded · 2021

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Gitcoin

Gitcoin is a platform that empowers early-stage builders through a combination of crowdfunding and grants, focusing on blockchain and climate solutions. The company operates in the blockchain and decentralized finance (DeFi) market, serving developers, researchers, and civic innovators. Gitcoin's business model revolves around facilitating funding for impactful projects via its quarterly Gitcoin Grants initiative. The platform supports various ecosystems, including Optimism OP and Superchain, by funding high-impact token engineering projects. Gitcoin makes money through matching pools and donations, which are allocated to successful projects based on their potential impact, feasibility, and alignment with the platform's goals. The company also fosters collaboration among researchers and innovators through open-source research and knowledge production.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: Boulder, United States
Employees: 60
Open positions: None listed
Dealroom signal: 59.0/100
Industry: Legal
Sector: eCommerce & Marketplaces, Bitcoin, Open Source, Ethereum Ecosystem, Hard Tech
Technology: Blockchain
Business model: Marketplace & ecommerce, SaaS
Client focus: b2b
Investment activity: 4 companies, latest Jul 2024
Capital deployed: $1.3M
Preferred round: SEED
Links: Website LinkedIn X

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Apr 2021	$11M	$45M	Naval Ravikant · MetaCartel Ventures · Balaji Srinivasan · IDEO	—

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Growth signals

Gitcoin website traffic

Latest recorded traffic for Gitcoin is 85K monthly website visits, up 32.8% over the last three months. Gitcoin's team declined 4.8% over the past year.

Latest monthly visits85K 3-month web change+32.8% 1-year team growth-4.8%

Monthly website visitsDec 2018–Jul 2026

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