BitGo secured a $100M Series C with a $1.75B valuation for European expansion efforts.
May 06, 2024•over 1 year ago
Amount Raised
$100 Million
Round Type
series c
Investors
Valor Equity PartnersRedpoint VenturesGalaxy Digital VenturesDrwCraft VenturesGoldman Sachs
Description
BitGo secured a $100M Series C funding at a $1.75B valuation. The funds will support BitGo’s expansion efforts in Europe, including regulated custody, staking, OTC trading, collateral management, and secure real-time settlement.
FundzWatch™ Score
85
Medium Activity
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech