COMPANY PROFILE

itBit

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Secure bitcoin trading via our industry-leading exchange and OTC services

New York City, United StatesFounded 2012Fintech

Valuation $100–250M Last recorded · 2015

Revenue $100–500M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About itBit

itBit is a cryptocurrency exchange platform designed for institutional and elite traders. The company provides a simple and well-designed interface for trading digital assets, with a focus on providing a secure and reliable trading environment.

One of itBit's key features is its over-the-counter (OTC) trading desk, which facilitates large trades for institutional clients. This service allows for the execution of large orders without causing significant price slippage on the open market. The platform also offers low trading fees, making it a cost-effective option for frequent traders.

In addition to its trading services, itBit provides a suite of tools for developers, including REST APIs and a command-line interface (CLI). These tools enable the creation of decentralized applications across various sectors, such as finance, supply chain, and gaming. The company's mission is to merge traditional capital markets infrastructure with blockchain technology to build the future of financial services.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2012
Headquarters: New York City, United States
Employees: 9
Open positions: None listed
Dealroom signal: 60.9/100
Industry: Fintech
Sub-industry: Crypto and DeFi, Wealth Management
Sector: Fintech, Bitcoin, Trading, Crypto and Web3, Hard Tech
Technology: Blockchain
Client focus: b2b
Links: Website LinkedIn X

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Funding history

2 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	May 2015	$25M	$100M	RRE Ventures · James Pallotta · Blockchain Capital	—
SEED✓Equity / VC	Nov 2013	$3.3M	$13M	Digital Currency Group · RRE Ventures · Canaan · Ben Davenport	—

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024		—

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Growth signals

itBit website traffic

Latest recorded traffic for itBit is 450 monthly website visits, up 21.6% over the last three months. itBit's team declined 10% over the past year.

Latest monthly visits450 3-month web change+21.6% 1-year team growth-10%

Monthly website visitsSep 2015–Jun 2024

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