# Bitvore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitvore

- Industry: Software
- Headquarters: Irvine, US
- Website: www.bitvore.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Mar 19, 2014)
- Investors on record: 1

## About

Bitvore Corp. is a data analytics company providing AI-driven insights for enhanced decision-making in finance and investment sectors. Their technology aggregates vast data resources to deliver actionable intelligence.Founded in 2009, Bitvore Corp. is based in Irvine, US, and specializes in advanced data analytics for business decision-making. The company has secured a total of USD 14.20 mn through various funding rounds, with its latest funding of USD 1.25 mn raised in a VENTURE DEBT round on January 24, 2020. David Mandel is noted as the founder, and Jeff Drake serves as CEO.Bitvore specializes in providing advanced data analytics and insights aimed at enhancing business decision-making for its clients. The company offers a suite of AI-driven products that aggregate and analyze vast amounts of data, delivering actionable intelligence relevant to various sectors, particularly in finance and investment. These tools help clients identify market trends, assess risks, and uncover opportunities by processing information from diverse sources, including news articles, financial reports, and social media. Bitvore serves a diverse customer base including investment firms, hedge funds, and financial institutions primarily in North America and Europe, leveraging its technology to improve their operational efficiency and strategic planning.Bitvore generates revenue through a subscription-based model, where clients pay for access to its suite of data analytics tools and insights. Transactions typically occur on an annual or monthly basis, allowing clients to choose a pricing plan that aligns with their specific data needs and usage frequency. The company offers tiered subscriptions that cater to varying levels of service, from basic access to advanced features that provide deeper analytics and customization options. This structured approach supports ongoing partnerships with clients who rely on continuous data updates and insights to refine their investment strategies and drive business growth.In the coming years, Bitvore plans to launch new AI-driven products designed to further enhance the data analytics capabilities available to its clients. Specific release dates are yet to be announced. The company also aims to expand its market presence into additional geographic regions, focusing on increased penetration in Europe and potential entry into Asian markets by 2023. The recent VENTURE DEBT funding of USD 1.25 mn will be utilized to support these product development initiatives and market expansion efforts.

## Funding rounds

- Series A, Mar 19, 2014, $4.5M — TSVC

## Investors

- TSVC (https://capitalatlas.ai/funds/tsvc) — Series A