Compass - About the company
Compass is a seed company based in Austin (United States), founded in 2020 by Thomas Heller and Whit Gibbs. It operates as a Hardware mining marketplace and hosting platform for cryptocurrencies. Compass has raised $1.7M in funding. The company has 234 active competitors, including 28 funded and 24 that have exited. Its top competitors include companies like BITMAIN, Bitdeer and Helium.
Company Details
Hardware mining marketplace and hosting platform for cryptocurrencies. Users need to create a Compass account, visit the Compass hardware page to select mining hardware, and upon confirmation, users can purchase altcoin ASIC hardware & hosting platform by making payment via Stripe, Coinpayments, ACH transfer, and other payment methods. It also supports GPU hosting to provide information about whether the facility accepts ASIC machines, GPU rigs, or both.
- Website
- compassmining.io
- Email ID
- *****@compassmining.io
Key Metrics
Founded Year
2020
Location
Austin, United States
Stage
Seed
Total Funding
$1.7M in 1 round
Latest Funding Round
Investors
Ranked
11th among 234 active competitors
Employee Count
86 as on Jun 30, 2026
Legal entities associated with Compass
Compass is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Compass Mining, Inc. CIN: 852417375 , United States, Active | - | 82 (As on Dec 31, 2024) | - |
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Compass's funding and investors
Compass has raised a total funding of $1.7M over 1 round. Compass has 2 institutional investors.
Here is the list of recent funding rounds of Compass:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 26, 2021 | 3416367 | Seed | 6711754 | 8418244 | 5296699 | 7143606 |
View details of Compass's funding rounds and investors
Compass' founders and board of directors
Founder? Claim ProfileThe founders of Compass are Thomas Heller and Whit Gibbs. Thomas Heller and Whit Gibbs are the CEOs of Compass.
Here are the details of Compass' key team members:
- Thomas Heller: Co-Founder & CEO of Compass. Contact Info: 1 email address
- Whit Gibbs: Co-Founder & CEO of Compass. Contact Info: 1 email address
View details of Compass's Founder profiles and Board Members
Compass' employee count trend
Compass has 86 employees as of Jun 26. Here is Compass's employee count trend over the years:
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Compass's Competitors and alternates
Top competitors of Compass include BITMAIN, Bitdeer and Helium. Here is the list of Top 10 competitors of Compass, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of hardware solutions for crypto mining | $950M | 77/100 | ||
2nd | Developer of pool mining solutions for cryptocurrency | $12M | 70/100 | ||
3rd | Helium 2006, San Francisco (United States), Series D | Hardware mining solutions for cryptocurrency | $370M | 66/100 | |
4th | Bitfury 2011, Amsterdam (Netherlands), Series D | AI and blockchain-based platform offering cryptocurrency mining solutions | $181M | 65/100 | |
5th | Marathon Digital Holdings 1997, Fort Lauderdale (United States), Public | Operator of data centers focused on energy transformation and digital assets | - | 64/100 | |
6th | Developer of ASICs for block-chain computing | $43.7M | 63/100 | ||
7th | Argo Blockchain 2017, London (United Kingdom), Public | Sustainable mining and blockchain development solutions for Bitcoin | - | 62/100 | |
8th | BitMine 2021, Las Vegas (United States), Series B | Bitcoin mining & hosting platform | $258M | 60/100 | |
9th | HIVE Blockchain Technologies 1987, Vancouver (Canada), Public | Crypto-mining solutions | - | 57/100 | |
10th | ePIC Blockchain 2017, Toronto (Canada), Series A | Hardware-based mining infrastructure for cryptocurrencies | $7.6M | 55/100 | |
11th | Compass 2020, Austin (United States), Seed | Hardware mining marketplace and hosting platform for cryptocurrencies | $1.7M | 49/100 |
Looking for more details on Compass's competitors? Click here to see the top ones
Compass's Investments and acquisitions
Compass has made no investments or acquisitions yet.
Reports related to Compass
Here is the latest report on Compass's sector:
News related to Compass
Media has covered Compass for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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Compass Mining Unveils New Brand Identity, Reflecting Growth and Customer FocusMiningstockeducation•Jun 10, 2025•Compass
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Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North DakotaMiningstockeducation•Feb 26, 2025•Compass
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