Bitfi - About the company
Bitfi is a seed company based in Miami (United States), founded in 2018 by Ignas Jurkonis, Michael Strong and Daniel Khesin. It operates as a Hardware wallet for cryptocurrencies. Bitfi has raised an undisclosed amount in funding from investors like Fundamental Labs, TyreGate and IBC Group. The company has 123 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like Ledger, Coolwallet and Tangem.
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
- Email ID
- *****@bitfi.com
Key Metrics
Founded Year
2018
Location
Miami, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
9th among 123 active competitors
Employee Count
2 as on Mar 31, 2026
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Bitfi's funding and investors
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 | 4863905 | Seed | 9028900 | 8787391 | 1787281 | 9821806 |
View details of Bitfi's funding rounds and investors
Bitfi's founders and board of directors
Founder? Claim ProfileHere are the details of Bitfi's key team members:
- Ignas Jurkonis: President / Chairman of the Board / Co-Founder of Bitfi.
- Michael Strong: 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 Mar 26. Here is Bitfi's employee count trend over the years:
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Bitfi's Competitors and alternates
Top competitors of Bitfi include Ledger, Coolwallet and Tangem. Here is the list of Top 10 competitors of Bitfi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blockchain based hardware wallet for cryptocurrency | $575M | 82/100 | ||
2nd | Coolwallet 2014, Taipei (Taiwan), Series A | Hardware wallet for cryptocurrencies | $13.5M | 67/100 | |
3rd | Tangem 2017, Zug (Switzerland), Series A | Provider of NFC-enabled hardware wallet for cryptocurrency storage | $23M | 66/100 | |
4th | TREZOR 2013, Prague (Czech Republic), Funding Raised | A Bitcoin Hardware Wallet | - | 57/100 | |
5th | CoolBitX 2014, Arcadia (United States), Series B | Blockchain-based hardware for cryptocurrencies | $30.4M | 57/100 | |
6th | Hardware wallet solution for cryptocurrencies | $6.49M | 53/100 | ||
7th | Ballet 2019, Las Vegas (United States), Series A | Provider of hardware solutions for cryptocurrency wallets | $13M | 52/100 | |
8th | Ryder 2022, Amsterdam (Netherlands), Seed | Digital asset hardware wallet | $4.4M | 51/100 | |
9th | Bitfi 2018, Miami (United States), Seed | Hardware wallet for cryptocurrencies | - | 48/100 | |
10th | D’CENT 2019, Seoul (South Korea), Funding Raised | Cryptocurrency wallet solutions | - | - | 47/100 |
Looking for more details on Bitfi's competitors? Click here to see the top ones
Bitfi's Investments and acquisitions
Bitfi has made no investments or acquisitions yet.
Reports related to Bitfi
Here is the latest report on Bitfi's sector:
News related to Bitfi
Media has covered Bitfi for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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BitFi Kicks off Seed Round with Fundamental Labs, IBC Group as Anchor InvestorsForexTV•Jul 25, 2024•Bitfi, CTH, IBC Group, CGV and 1 other
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Bitfi Will Not Add Support for Bitcoin Cash (BCH) to Its Wallet EcosystemICrowdNewswire•Oct 28, 2019•Bitfi
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Bitfi Will Not Add Support for Bitcoin Cash (BCH) to Its Wallet EcosystemPR Newswire•Apr 24, 2019•Bitfi
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Bitfi Opens Resources to Developers Worldwide to Inspect and Supervise CodeNewswire•Apr 12, 2019•Bitfi
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Crypto Wallet Manufacturer Introduces New Tech to Outpace Cold StorageCoinspeaker•Feb 11, 2019•Bitfi
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