When was Foxbit founded?

Foxbit was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is Foxbit located?

Foxbit is headquartered in Osasco, Brazil.

How many employees does Foxbit have?

As of Jul 01, 2024, the latest employee count at Foxbit is 1 - 10.

Is Foxbit a funded company?

Foxbit is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Feb 22, 2022.

When was the latest funding round of Foxbit?

Foxbit's latest funding was a $***** Series A round on Feb 22, 2022, with participation from 1 investor.

Where does Foxbit rank among its competitors?

Foxbit ranks 43rd amongst 2322 active competitors, of which 198 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Uphold, which secured an undisclosed amount in Apr, 2026.

Who are the top competitors of Foxbit?

Foxbit's top competitors include Binance, Blockchain and Kraken. Among them, Uphold secured the most recent funding round in April, 2026.

Foxbit - 2026 Company Profile, Team, Funding & Competitors

Foxbit is a series A company based in Osasco (Brazil), founded in 2014 by Luis Augusto Ramos Schiavon and Joao Canhada. It operates as an Online cryptocurrency exchange platform. Foxbit has raised $20M in funding from OKX. The company has 2322 active competitors, including 198 funded and 75 that have exited. Its top competitors include companies like Binance, Blockchain and Kraken.

Company Details

Online cryptocurrency exchange platform. The platform allows users to buy and sell bitcoin, cryptocurrencies, Defi tokens, NFT, games, and the metaverse. It operates in the B2B and B2B2C markets.

Website: foxbit.com.br
Social
Email ID: *****@foxbit.com.br

Key Metrics

Founded Year

2014

Location

Osasco, Brazil

Stage

Series A

Total Funding

$20M in 1 round

Latest Funding Round

Series A, Feb 22, 2022, $*****

Investors

OKX & 2 more

Ranked

43^rd among 2322 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Investment & Acquisitions

Bitinvest

Similar Companies

Binance & 4762 more

View Foxbit's full profile

Foxbit has raised a total funding of $20M over 1 round. Its latest funding round was a Series A round on Feb 22, 2022 for $*****. 1 investor participated in its latest round. Foxbit has 3 institutional investors.

Here is the list of recent funding rounds of Foxbit:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 22, 2022	4380866	Series A	7513956	4462852	8049670	4891714

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View details of Foxbit's funding rounds and investors

The founders of Foxbit are Luis Augusto Ramos Schiavon and Joao Canhada. Ricardo Dantas is the CEO of Foxbit.

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

Luis Augusto Ramos Schiavon: Co-Founder of Foxbit.
Joao Canhada: Co-Founder of Foxbit.
Ricardo Dantas: CEO of Foxbit.

View details of Foxbit's Founder profiles and Board Members

Foxbit's employee count trend

Foxbit has 1 - 10 employees as of Jul 24. Here is Foxbit's employee count trend over the years:

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Top competitors of Foxbit include Binance, Blockchain and Kraken. Here is the list of Top 10 competitors of Foxbit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Binance 2017, Abu Dhabi (United Arab Emirates), Series C	Online exchange platform for cryptocurrency	$2.02B	Fancheng Holdings, Sequoia Capital & 43 others	83/100
2nd	Blockchain 2011, London (United Kingdom), Series E	App-based platform for exchange and trading solutions for cryptocurrency	$700M	Lightspeed Venture Partners, Lakestar & 29 others	82/100
3rd	Kraken 2011, Cheyenne (United States), Series D	Provider of a multi-asset trading platform	$866M	Hummingbird Ventures, Citadel Securities ... & 128 others	82/100
4th	Uphold 2013, San Francisco (United States), Series B	Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals	$73.2M	Hard Yaka, Blockchain Coinvestors & 7 others	82/100
5th	Uniswap 2018, New York City (United States), Series B	Provider of a decentralized exchange platform for cryptocurrency	$176M	Andreessen Horowitz, Polychain & 52 others	79/100
6th	Gemini 2014, New York City (United States), Public	Platform offering crypto exchange solutions	$424M	Morgan Creek Capital Management, Winklevoss Capital ... & 28 others	78/100
7th	FTX 2019, Nassau City (Bahamas), Series C	Online platform for trading in cryptocurrency	$1.73B	Temasek, SoftBank & 70 others	78/100
8th	PDAX 2017, Makati (Philippines), Series B	Online exchange platform for cryptocurrencies	$62.5M	Tiger Global Management, BitMEX & 13 others	77/100
9th	CoinSwitch 2017, Chennai (India), Series C	Broker-based online crypto trading and exchange platform	$302M	Ribbit Capital, Tiger Global Management & 13 others	76/100
10th	CoinDCX 2018, Mumbai (India), Series D	Cryptocurrency exchange and trading service provider	$247M	Polychain, Bain Capital Ventures & 33 others	76/100
43rd	Foxbit 2014, Osasco (Brazil), Series A	Online cryptocurrency exchange platform	$20M	OKX, iLab Collective & 1 others	59/100