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BitGo secured a $100M Series C with a $1.75B valuation for European expansion efforts.

May 06, 2024over 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.

Company Information

Company

BitGo

About

BitGo provides regulated custody, financial services, and core infrastructure for investors and builders alike.

FundzWatch™ Score

85
Medium Activity

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Funding Insights

Based on industry data
VC-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