When was Azbit founded?

Azbit was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Azbit located?

Azbit is headquartered in Tallinn, Estonia.

Who is the current CEO of Azbit?

Sergei Ermolitski of Azbit. They have also founded 1 company.

How many employees does Azbit have?

As of Aug 31, 2026, the latest employee count at Azbit is 13.

Is Azbit a funded company?

Azbit is a funded company, having raised a total of $***** in its 1st and only funding round, a ICO round on Jun 12, 2019.

When was the latest funding round of Azbit?

Azbit's latest funding was a $***** ICO round on Jun 12, 2019, with participation from 0 investor.

Where does Azbit rank among its competitors?

Azbit ranks 354th amongst 2205 active competitors, of which 216 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Wealthsimple, which secured $393M in Oct, 2025.

Who are the top competitors of Azbit?

Azbit's top competitors include Coinbase, Bitso and KuCoin. Among them, Wealthsimple secured the most recent funding round in October, 2025.

Azbit - 2026 Company Profile, Team, Funding & Competitors

Company Details

Azbit is a decentralized crypto trading platform. The platform aims to provide a cryptocurrency exchange with built-in margin trading and algorithmic trading tools and an investment platform to set up investment accounts and raise funding and provide copy trading, SAMM accounts and portfolio management tools. The company also aims to develop a banking institution, that offers banking services to crypto users.

Website: azbit.com
Social
Email ID: *****@azbit.com

Key Metrics

Founded Year

2018

Location

Tallinn, Estonia

Stage

Funding Raised

Latest Funding Round

ICO, Jun 12, 2019, $*****

Ranked

354^th among 2205 active competitors

Employee Count

13 as on Aug 31, 2026

Similar Companies

Coinbase & 4403 more

View Azbit's full profile

Azbit has raised funding over 1 round.

Here is the list of recent funding rounds of Azbit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2019	4844177	ICO	6782547	7490088	7545027	5659457

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View details of Azbit's funding rounds and investors

The founders of Azbit are Sergei Ermolitski, Azam Khodzhaev, Maksim Zmitrovich and Mikhail Yermalitski. Sergei Ermolitski is the CEO of Azbit.

Here are the details of Azbit's key team members:

Sergei Ermolitski: Co-Founder & CEO of Azbit.
Azam Khodzhaev: Co-Founder & CCO of Azbit.
Maksim Zmitrovich: Co-Founder & CMO of Azbit.
Mikhail Yermalitski: Co-Founder of Azbit.

View details of Azbit's Founder profiles and Board Members

Azbit's employee count trend

Azbit has 13 employees as of Aug 26. Here is Azbit's employee count trend over the years:

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Top competitors of Azbit include Coinbase, Bitso and KuCoin. Here is the list of Top 10 competitors of Azbit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coinbase 2012, San Francisco (United States), Public	Online platform for crypto portfolio	$547M	DFJ Growth, Serena Ventures & 148 others	87/100
2nd	Bitso 2014, Mexico City (Mexico), Series C	Online trading and exchange platform for cryptocurrency	$331M	QED Investors, Kaszek & 38 others	83/100
3rd	KuCoin 2017, Mahe (Seychelles), Series A	Cryptocurrency exchange and trading platform	$180M	NGC Ventures, Jump Crypto & 11 others	82/100
4th	CoinList 2017, San Francisco (United States), Series A	App-based trading platform for cryptocurrency	$119M	Accomplice, Polychain & 36 others	80/100
5th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 49 others	78/100
6th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, Meritech & 39 others	77/100
7th	Sygnum 2017, Zurich (Switzerland), Series C	Digital asset banking platform offering a range of services including trading, custody, staking, and tokenization of assets	$218M	Fulgur Ventures, SBI Digital Asset Holdings ... & 13 others	75/100
8th	Pintu 2016, Jakarta (Indonesia), Series B	App-based platform for storing, buying, and selling digital assets and cryptocurrencies	$154M	Lightspeed Venture Partners, Pantera Capital ... & 8 others	74/100
9th	Voyager 2017, New York City (United States), Public	App-based trading platform for cryptocurrency	-	EDBI, Alpha Sigma Capital & 19 others	73/100
10th	SwissBorg 2016, Lausanne (Switzerland), Series A	B2B robo advisory and crypto wealth management solution	$27M	Swiss ICT Investor Club, London Real Ventures ... & 1 others	73/100
354th	Azbit 2018, Tallinn (Estonia), Funding Raised	Decentralized crypto trading platform	-	-	30/100