Fundz

Bitwave Closes $15 Million Series A Funding Round Led By Hack Vc And Blockchain Capital

PRIVATEDec 06, 2022

Amount Raised

$15 Million

Round Type

Series A

San FranciscoFinancial ServicesSoftwareFinanceFintechBlockchainCryptocurrencyLending

Investors

Alumni Ventures Blockchain FundValor Equity PartnersBlockchain CapitalHack VC

Description

Bitwave, the first enterprise-focused digital asset finance platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, today announced that it has closed a $15 million Series A funding round led by Hack VC and Blockchain Capital, with participation by SignalFire, Valor Equity Partners, Arca, Pulsar Trading, and Alumni Ventures Blockchain Fund.

Quick answer

Bitwave raised $15 Million in a Series A round, dated December 6, 2022. Investors: Alumni Ventures Blockchain Fund, Valor Equity Partners, Blockchain Capital and Hack VC. Bitwave is based in San Francisco, California, United States.

How much did Bitwave raise?
Bitwave raised $15 Million in a Series A round on December 6, 2022.
Who invested in Bitwave?
Alumni Ventures Blockchain Fund, Valor Equity Partners, Blockchain Capital and Hack VC are named as investors in this round.
What does Bitwave do?
Bitwave is the first enterprise-focused digital asset finance platform designed to manage the intersection of tax, accounting, and compliance for cryptocurrency, DeFi, and NFTs.
Where is Bitwave based and how big is it?
Bitwave is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Bitwave that raised within 45 days of this round, from Fundz verified event records.

  • Architect raised $5M (Funding Round) on January 20, 2023.
  • Architect raised $5M on January 6, 2023.
  • Finterest raised $1.5M (Seed) on December 13, 2022.
  • Monarch raised $1M (Seed) on January 13, 2023.
  • Streamex Corp. raised $1.8M (Seed) on January 10, 2023.
  • KreditBee raised an undisclosed amount (Funding Round) on January 6, 2023.

Who to call at Bitwave, and when

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Company Information

Company

Bitwave

Location

San Francisco, California, United States

About

Bitwave is the first enterprise-focused digital asset finance platform designed to manage the intersection of tax, accounting, and compliance for cryptocurrency, DeFi, and NFTs. Bitwave is purpose-built to help finance and accounting professionals mitigate the challenges of operating with digital assets with robust functionality, including everything from bookkeeping to AR/AP, bill pay, treasury management, and more. The firm was founded in 2018 by technology entrepreneurs Pat White and Amy Kalnoki and is based in San Francisco, CA. To learn more, visit bitwave.io

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Bitwave raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.