When was Bitfi founded?

Bitfi was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is Bitfi located?

Bitfi is headquartered in Miami, United States.

How many employees does Bitfi have?

As of May 31, 2026, the latest employee count at Bitfi is 2.

Is Bitfi a funded company?

Bitfi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jul 25, 2024.

When was the latest funding round of Bitfi?

Bitfi's latest funding was a $***** Seed round on Jul 25, 2024, with participation from 5 investors.

Where does Bitfi rank among its competitors?

Bitfi ranks 9th amongst 126 active competitors, of which 17 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ryder, which secured $3.2M in Oct, 2025.

Who are the top competitors of Bitfi?

Bitfi's top competitors include Ledger, Coolwallet and Tangem. Among them, Ryder secured the most recent funding round in October, 2025.

Bitfi - 2026 Company Profile, Team, Funding & Competitors

Company Details

Hardware wallet for cryptocurrencies. Users can set up their dashboard to view the information on cryptocurrencies, crypto assets, and transaction activities. The device does not store the private keys of the user. Calculates private keys from a secret phrase set by the user.

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

Key Metrics

Founded Year

2018

Location

Miami, United States

Stage

Seed

Latest Funding Round

Seed, Jul 25, 2024, $*****

Investors

Fundamental Labs & 4 more

Ranked

9^th among 126 active competitors

Employee Count

2 as on May 31, 2026

Similar Companies

Ledger & 207 more

View Bitfi's full profile

Bitfi has raised funding over 1 round. Its latest funding round was a Seed round on Jul 25, 2024 for $*****. 5 investors participated in its latest round. Bitfi has 5 institutional investors.

Here is the list of recent funding rounds of Bitfi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 25, 2024	6311881	Seed	1559062	4859491	9508909	7313986

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View details of Bitfi's funding rounds and investors

The founders of Bitfi are Michael Strong, Ignas Jurkonis and Daniel Khesin.

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

Michael Strong: Co-Founder of Bitfi.
Ignas Jurkonis: President / Chairman of the Board / Co-Founder of Bitfi.
Daniel Khesin: Co-founder of Bitfi.

View details of Bitfi's Founder profiles and Board Members

Bitfi's employee count trend

Bitfi has 2 employees as of May 26. Here is Bitfi's employee count trend over the years:

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Top competitors of Bitfi include Ledger, Coolwallet and Tangem. Here is the list of Top 10 competitors of Bitfi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ledger 2014, Paris (France), Series C	Blockchain based hardware wallet for cryptocurrency	$575M	10T, Samsung & 68 others	82/100
2nd	Coolwallet 2014, Taipei (Taiwan), Series A	Hardware wallet for cryptocurrencies	$13.5M	SBI Group, Kyber Capital & 4 others	66/100
3rd	Tangem 2017, Zug (Switzerland), Series A	Provider of NFC-enabled hardware wallet for cryptocurrency storage	$23M	SBI Group, Shima Capital	65/100
4th	TREZOR 2013, Prague (Czech Republic), Funding Raised	A Bitcoin Hardware Wallet	-	Europa	59/100
5th	CoolBitX 2014, Arcadia (United States), Series B	Blockchain-based hardware for cryptocurrencies	$30.4M	SBI Group, BITMAIN & 7 others	56/100
6th	NGRAVE 2018, Brussels (Belgium), Series A	Hardware wallet solution for cryptocurrencies	$6.49M	Binance Labs, Woodstock & 12 others	53/100
7th	Ballet 2019, Las Vegas (United States), Series A	Provider of hardware solutions for cryptocurrency wallets	$13M	Lightspeed Venture Partners, Draper Dragon ... & 4 others	52/100
8th	Ryder 2022, Amsterdam (Netherlands), Seed	Digital asset hardware wallet	$4.4M	Oak Grove Ventures, SBX Capital & 9 others	51/100
9th	Bitfi 2018, Miami (United States), Seed	Hardware wallet for cryptocurrencies	-	Fundamental Labs, IBC Group & 3 others	48/100
10th	Chelpis 2017, Taipei (Taiwan), Seed	Developer of hardware-based cryptocurrency wallets	$2M	Orange Fab Asia, National Development Council	47/100