BITA - About the company
BITA is a seed company based in Frankfurt (Germany), founded in 2017 by Victor Hugo Gomez. It operates as an AI-based research platform. BITA has raised $1.41M in funding from Volta Ventures and Futury Capital. The company has 41 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Solactive, VettaFi and Wilshire Indexes.
Company Details
BITA provides AI-based investment data analysis for investors. It features research, algorithms, calculation, portfolio creation & optimization, and backtesting based on big data technology. It enables users to create quantitative investment strategies & financial indexes. It offers cloud-based software such as BITA ACE for the high-performance index calculation and BITACORE for construction of indexes and quantitative strategies.
- Website
- bitadata.com
- Email ID
- *****@bitadata.com
- Phone Number
- +49 **********
- Registered Address
- Karlstraße 12 60329 Frankfurt am Main
Key Metrics
Founded Year
2017
Location
Frankfurt, Germany
Stage
Seed
Total Funding
$1.41M in 1 round
Latest Funding Round
Investors
Ranked
4th among 41 active competitors
Employee Count
85 as on May 31, 2026
Legal entities associated with BITA
BITA is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BITA GmbH CIN: HRB111519 , Germany, Active | Apr 15, 2018 | - | 16 (As on Dec 31, 2024) |
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BITA's funding and investors
BITA has raised a total funding of $1.41M over 1 round. Its latest funding round was a Seed round on Jul 05, 2019 for $*****. 3 investors participated in its latest round. BITA has 6 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of BITA:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 05, 2019 | 8198469 | Seed | 5012286 | 1305931 | 9855093 | 6380132 |
View details of BITA's funding rounds and investors
BITA's founders and board of directors
Founder? Claim ProfileThe founders of BITA is Victor Hugo Gomez.
Here are the details of BITA's key team members:
- Victor Hugo Gomez: Founder & CEO of BITA. Contact Info: 1 email address
View details of BITA's Founder profiles and Board Members
BITA's employee count trend
BITA has 85 employees as of May 26. Here is BITA's employee count trend over the years:
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BITA's Competitors and alternates
Top competitors of BITA include Solactive, VettaFi and Wilshire Indexes. Here is the list of Top 10 competitors of BITA, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of tailor-made multi-asset class index solutions for investment products | $60.5M | 60/100 | ||
2nd | VettaFi 2022, New York City (United States), Acquired | Provider of indexing services, data analytics, and digital marketing solutions for asset managers | $175M | 52/100 | |
3rd | Wilshire Indexes 1931, London (United Kingdom), Series C | Provider of benchmark indexes, analytics, and research for institutional investors | $62.4M | 40/100 | |
4th | AI-based research platform | $1.41M | 38/100 | ||
5th | ![]() Etna Research 2020, United States, Seed | Provider of AI-driven solutions for quantitative investment strategy technology primitives | $568K | 33/100 | |
6th | Foxberry 2014, London (United Kingdom), Acquired | Index management solutions | - | 30/100 | |
7th | Syntax Unfunded | Provider of reweighted financial benchmarks and rules based investment products | - | - | 29/100 |
8th | ![]() tilt.pro 2018, Scottsdale (United States), Seed | Provider of a platform for building and managing custom investment indices | $7.1M | 29/100 | |
9th | FutureSports Performance Indexes (FSPI) 2022, Chicago (United States), Seed | Developer of statistical benchmarks for trading and managing sports risk | - | 26/100 | |
10th | Optimal Asset Management 2012, Los Altos (United States), Acquired | Diversified investment management firm | $2.06M | 24/100 |
Looking for more details on BITA's competitors? Click here to see the top ones
BITA's Investments and acquisitions
BITA has made no investments or acquisitions yet.
Reports related to BITA
Here is the latest report on BITA's sector:
News related to BITA
•
SIX Invests In BITA And Expands Indexing And Technology PartnershipMondovisione•Mar 20, 2024•SIX, BITA, ETFS Capital, Volta Ventures and 1 other
•
•
Bita raises €6m Series A from ETFS Capital for next generation index customisationAltFi•Nov 09, 2021•BITA, ETFS Capital
•
Charles Stanley signs up for BITA ESG ManagerPrivatebankerinternational•Feb 15, 2021•Charles Stanley, BITA
•
•
Frankfurt-based fintech BITA raises €1.25 million for its index-based investment softwareEU-Startups•Jul 05, 2019•BITA, Futury Venture Fonds, Volta Ventures, Future Ventures
•
Iconiq Launches Iconiq Funds and Announces Strategic Partnership With BITANewswire•May 31, 2018•Iconiq Lab, BITA
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