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Founded Year



Series C | Alive

Total Raised




Last Raised

$100M | 4 mos ago

About BitGo

BitGo provides regulated custody, financial services, and core infrastructure for investors. The company delivers a bitcoin security platform to mitigate risk and optimizes capital efficiency. It offers a multi-signature wallet, portfolio management, corporate treasury, and enterprise enablement to secure Bitcoin from theft and loss. The company was formerly known as WhenSoon and Twist and Shout. It was founded in 2013 and is based in Palo Alto, California.

Headquarters Location

2443 Ash Street

Palo Alto, California, 94306,

United States



ESPs containing BitGo

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Capital Markets Tech

The institutional decentralized finance (DeFi) market refers to the use of decentralized finance protocols and platforms by institutional investors, such as hedge funds, asset managers, and corporations, to access DeFi services and generate returns. Technology vendors in this market offer end-to-end hardware, firmware, and software solutions with industry expertise and support to empower clients t…

BitGo named as Leader among 15 other companies, including ConsenSys, Circle, and Ledger.

BitGo's Products & Differentiators

    Wallet Platform

    BitGo’s wallet platform creates an ideal balance between security and accessibility—enabling clients to move assets seamlessly and reliably, protected by BitGo’s pioneering multi-key security, multi-user policy controls, and advanced security configurations. BitGo offers flexible wallet security and transaction policy features to address a range of business needs. Protect your wallet against any single point of failure with BitGo's multi-key security. Enforce controls and policies using whitelists, velocity limits, and administrative approvals.


Research containing BitGo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned BitGo in 6 CB Insights research briefs, most recently on Oct 18, 2023.

Expert Collections containing BitGo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BitGo is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,228 items



7,343 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.


Fintech 100

350 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.



8,123 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.


Blockchain 50

50 items

BitGo Patents

BitGo has filed 3 patents.

The 3 most popular patent topics include:

  • cryptography
  • key management
  • alternative currencies
patents chart

Application Date

Grant Date


Related Topics




Cryptocurrencies, Cryptography, Alternative currencies, Key management, Bitcoin exchanges


Application Date


Grant Date



Related Topics

Cryptocurrencies, Cryptography, Alternative currencies, Key management, Bitcoin exchanges



Latest BitGo News

Coinbase Is Dominating a Key Bitcoin ETF Service. Can Anyone Else Join the Race?

Nov 27, 2023

Custody services are a vital part of bitcoin ETF applications, and so far Coinbase is way ahead in the race to serve that role for issuers. BitGo, a large crypto custodian, has been left out. But BitGo CEO Mike Belshe says he's been in talks with ETF issuers. The race to provide a key bit of infrastructure for bitcoin (BTC) ETFs – custody services – hasn't actually been much of a race so far. Crypto exchange Coinbase (COIN) has dominated so far, winning the job from more issuers, including BlackRock and WisdomTree, than anyone else. That's left a giant player in the space, BitGo, on the sidelines – an eye-catching omission. Several firms, including Valkyrie and Global X, have yet to pick their custody partner. BitGo CEO Mike Belshe confirmed in an interview with CoinDesk that his company is working with "many" of the applicants – opening the possibility BitGo might show up yet. "I think Coinbase is the obvious solution on the custodian side and it makes sense that they're the most common," Bloomberg Intelligence ETF analyst James Seyffart said. "But there are some others," he added. "A bunch haven't disclosed their custodian yet." Seyffart said he wouldn't be surprised to see BitGo appear on someone's bitcoin ETF application eventually. Crypto exchange Gemini recently became the first third-party custody partner on an application, appearing in VanEck's. Custody is an important part in the effort to bring a spot bitcoin ETF to the U.S. market. Custodians hold onto assets on behalf of someone else. In this case, that means safekeeping the (presumably billions of dollars worth of) bitcoin that ETFs will own, keeping hackers and any other bad actors at bay. Coinbase, run by CEO Brian Armstrong, currently is the custodian for five of the 12 proposed bitcoin ETFs in the U.S., a level of concentration that makes some uneasy. With Fidelity deciding to custody their own assets and VanEck picking Gemini, that leaves five applications that currently list no custodian. 'Not exactly ideal' "Having so much bitcoin concentrated in one custodian is not exactly ideal, and I think it would be beneficial for other quality exchanges to participate as custodians for ETFs," said Brian D. Evans, founder and CEO of BDE Ventures. But it's tough to find other contenders, given the lack of regulatory clarity in the U.S., so the list of suitable companies is short, he said. "While I do think it's notable to have a majority of the products choosing Coinbase, and I understand why people might be concerned, I don't think it's a problem as long as the security at Coinbase is sound," Seyffart said. "We probably need to see how things play out over the coming months and years." UPDATE (Nov. 27, 2023, 20:47 UTC): Revises story to reflect the fact that crypto exchange Gemini was chosen as custody partner by VanEck. Edited by Nick Baker. Disclosure

BitGo Frequently Asked Questions (FAQ)

  • When was BitGo founded?

    BitGo was founded in 2013.

  • Where is BitGo's headquarters?

    BitGo's headquarters is located at 2443 Ash Street, Palo Alto.

  • What is BitGo's latest funding round?

    BitGo's latest funding round is Series C.

  • How much did BitGo raise?

    BitGo raised a total of $186.14M.

  • Who are the investors of BitGo?

    Investors of BitGo include Valor Equity Partners, Redpoint Ventures, Craft Ventures, Galaxy, DRW Venture Capital and 14 more.

  • Who are BitGo's competitors?

    Competitors of BitGo include Circle, Onramp Invest, Parfin, Zodia Custody, Ledger and 7 more.

  • What products does BitGo offer?

    BitGo's products include Wallet Platform and 4 more.

  • Who are BitGo's customers?

    Customers of BitGo include Nike, BitcoinIRA, SoFi and Bullish.


Compare BitGo to Competitors

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Ant Group

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