When was Bakkt founded?

Bakkt was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Bakkt located?

Bakkt is headquartered in Alpharetta, United States.

How many employees does Bakkt have?

As of Jun 30, 2026, the latest employee count at Bakkt is 384.

Is Bakkt a funded company?

Bakkt is a funded company, having raised a total of $482M across 2 funding rounds to date. The company's 1st funding round was a $182M Series A round, raised on Dec 19, 2018.

When was the latest funding round of Bakkt?

Bakkt's latest funding was a $300M Series B round on Feb 28, 2020, with participation from 6 investors.

What is the annual revenue of Bakkt?

Annual revenue of Bakkt is more than $1B as on Dec 31, 2024

Is Bakkt a Cryptocurrencies company?

The primary sector of Bakkt is Cryptocurrencies.

Where does Bakkt rank among its competitors?

Bakkt ranks 21st amongst 1673 active competitors, of which 270 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was BitGo, which secured an undisclosed amount in Jan, 2024.

Who are the top competitors of Bakkt?

Bakkt's top competitors include BitGo, Luno and Coins.ph. Among them, BitGo secured the most recent funding round in January, 2024.

Bakkt - 2026 Company Profile, Team, Funding, Competitors & Financials

Sectors and market segments that Bakkt operate in

Bakkt serves in the FinTech, Blockchain Technology market segments.The primary business model of Bakkt are:

Company Details

App-based crypto trading and payment solutions for businesses, institutions, and individuals. It offers solutions such as a wallet for digital asset management, crypto trading, crypto gift cards, money transfers and withdrawals, and more. It also provides a fraud protection suite for merchants. The app is available for Android and iOS platforms.

Website: bakkt.com
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Part Of

Key Metrics

Founded Year

2018

Location

Alpharetta, United States

Stage

Public

Total Funding

$482M in 2 rounds

Latest Funding Round

Series B, Feb 28, 2020, $300M

Investors

BCG & 24 more

Ranked

21^st among 1673 active competitors

Annual Revenue

$1B+ as on Dec 31, 2024

Employee Count

384 as on Jun 30, 2026

Investment & Acquisitions

Transchem & 5 more

Similar Companies

BitGo & 2667 more

Exit Details

Public

View Bakkt's full profile

Bakkt is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BAKKT, LLC CIN: 6992474 , United States, Active	Jul 30, 2018	-	1037 (As on Dec 31, 2022)	-
VPC IMPACT ACQUISITION HOLDINGS CIN: 1820302 , United States, Active		$1B+ (As on Dec 31, 2024)	-	-

Bakkt got listed on Nov 20, 2020.

Click here to take a look at Bakkt's IPO in detail

Bakkt has raised a total funding of $482M over 2 rounds. Its first funding round was on Dec 19, 2018. Its latest funding round was a Series B round on Feb 28, 2020 for $300M. 6 investors participated in its latest round. Bakkt has 24 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Bakkt:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 28, 2020	$300M	Series B	-	-	M12, BCG, CMT Digital, Pantera Capital, Goldfinch Partners, PayU	-
Dec 19, 2018	$182M	Series A	$740M	-	Horizons Ventures, Pantera Capital, M12, PayU, CMT Digital, Eagle Seven, Protocol Ventures, BCG, Galaxy, Goldfinch Partners	Alan Howard

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View details of Bakkt's funding rounds and investors

The founders of Bakkt is Jeff Sprecher. Akshay Naheta is the CEO of Bakkt.

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

Jeff Sprecher: Co-Founder of Bakkt.
Akshay Naheta: Co-Founder & CEO of Bakkt.
Contact Info: 2 email addresses

View details of Bakkt's Founder profiles and Board Members

Bakkt's employee count trend

Bakkt has 384 employees as of Jun 26. Here is Bakkt's employee count trend over the years:

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Top competitors of Bakkt include BitGo, Luno and Coins.ph. Here is the list of Top 10 competitors of Bakkt, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Valor Equity Partners & 39 others	81/100
2nd	Luno 2013, London (United Kingdom), Acquired	App-based platform for crypto wallet and investments	$13M	Balderton Capital, Digital Currency Group ... & 13 others	80/100
3rd	Coins.ph 2014, Pasig (Philippines), Acquired	Digital wallet for Bitcoin assets	$40M	Innovation Endeavors, Ribbit Capital & 16 others	80/100
4th	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Third Point, Marshall Wace & 58 others	80/100
5th	FalconX 2018, San Francisco (United States), Series D	Online platform offering cryptocurrency trading and investment solutions for institutions	$430M	B Capital, Sapphire Ventures & 26 others	79/100
6th	Amber Group 2017, Singapore (Singapore), Series C	Provider of blockchain-based financial solutions	$628M	Temasek, Fenbushi Capital & 32 others	77/100
7th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	75/100
8th	River Financial 2019, San Francisco (United States), Series B	Blockchain focused investment firm	$70M	Goldcrest, Kingsway Capital & 20 others	74/100
9th	BlockFi 2017, Jersey City (United States), Acquired	Online platform for trading, crypto-backed loans, interest accounts, and wallets	$466M	Valar Ventures, Bain Capital Ventures & 64 others	74/100
10th	Matrixport 2019, Singapore (Singapore), Series C	App-based platform offering crypto investment products and financial services solutions	$129M	DST Global, K3 & 19 others	73/100
21st	Bakkt 2018, Alpharetta (United States), Public	App-based crypto trading and payment solutions for businesses, institutions, and individuals	$482M	Chainfund Capital, PayU & 23 others	68/100

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Bakkt has made 1 investments in companies including Transchem. Bakkt has also acquired 5 companies including DTR and Apex Crypto.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 04, 2026	Investments	Transchem	1976	Thane (India)
Jan 12, 2026	Acquisition	DTR	2023	Zug (Switzerland)
Nov 03, 2022	Acquisition	Apex Crypto	2014	Chicago (United States)