# Bitso, S.A.P.I. de C.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitso-s-a-p-i-de-c-v

- Industry: Financial Services
- Headquarters: Mexico City, Mexico
- Website: www.bitso.com
- Total disclosed funding: $316M
- Latest round: Series C (May 5, 2021)
- Investors on record: 16

## About

Based in Mexico City, Mexico, and founded in 2014, Bitso, S.A.P.I. de C.V. is a cryptocurrency exchange platform that provides security and allows its users to purchase and sell digital currencies among each other. Jose Pablo Gonzalez and Daniel Vogel are the founders of the company. In May 2021, the company raised USD 250 million in series C funding co-led by Coatue and Tiger Global. 

The company’s cryptocurrency platforms allow users to buy and sell bitcoin or 8 other cryptocurrencies. The company’s platforms include Bitso which is a mobile application available in the Apple app store and google play store and Bitso Alpha is an online platform accessed through web browsers. The users place purchase and sale orders in the Bitso market, where such are sold to other users that are also seeking to purchase or sell.

## Funding rounds

- Series C, May 5, 2021, $250M — Tiger Global Management, Coatue Management, QED Investors, Kaszek Ventures, Valor Capital Group, Pantera Capital, Bond, Paradigm
- Series B, Dec 9, 2020, $62M — QED Investors, Kaszek Ventures, Pantera Capital, Coinbase Ventures
- Series A, Sep 28, 2016, $2.5M — Monex Group, Inc., FundersClub, Digital Currency Group, Blockchain Capital, Cometa, Xochi Ventures, Bitcoin Capital
- Seed, May 16, 2016, $1.9M — FundersClub
- Seed, May 29, 2015 — Digital Currency Group

## Investors

- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Seed, Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Seed, Series A
- Monex Group, Inc. — Series A
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series A
- Cometa (https://capitalatlas.ai/funds/cometa) — Series A
- Xochi Ventures (https://capitalatlas.ai/funds/xochi-ventures) — Series A
- Bitcoin Capital — Series A
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series B, Series C
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series B, Series C
- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Series B, Series C
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series C
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series C
- Bond (https://capitalatlas.ai/funds/bond) — Series C
- Paradigm (https://capitalatlas.ai/funds/paradigm) — Series C