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bitwiseindustries.com

Founded Year

2013

Stage

Series B | Alive

Total Raised

$77M

Last Raised

$50M | 2 yrs ago

Mosaic Score

+40 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Bitwise Industries

Bitwise Industries is a tech ecosystem, activating human potential to elevate the technology industry. It provides access to resources for those in marginalized communities. Bitwise Industries offers services such as workforce training, technology consulting, real estate, cowork and portfolio companies. The company operates geekwise academy, which teaches people to code and focuses on building on-ramps for those traditionally left out of the technology industry. It was founded in 2013 and is based in Fresno, Califirnia.

Bitwise Industries Headquarters Location

700 Van Ness Ave

Fresno, California, 93721,

United States

559-500-3305

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Expert Collections containing Bitwise Industries

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

Bitwise Industries is included in 1 Expert Collection, including Education Technology (Edtech).

E

Education Technology (Edtech)

2,586 items

Latest Bitwise Industries News

Coworking space slow to fill at Bitwise

Sep 17, 2022

BY JOHN COXjcox@bakersfield.com 1 of 7 Rentable office space, including coworking memberships, is available at Fresno-based company Bitwise Industries' three-story office and workforce training space at 18th and H streets. Eliza Green / The Californian The Fresno-based business tech company Bitwise Industries has acquired and remodeled a stretch of buildings along the 1700 block of 18th Street, across from the Padre Hotel. Eliza Green / The Californian The Fresno-based business tech company Bitwise Industries has acquired and remodeled a stretch of buildings along the 1700 block of 18th Street, across from the Padre Hotel. Eliza Green / The Californian The Bakersfield hub of the Fresno-based company Bitwise Industries stretches along a whole block of downtown Bakersfield, from the corner of 18th and H streets to the corner of 18th and G streets. Eliza Green / The Californian Fresno-based company Bitwise Industries has a three-story office and workforce training space at 18th and H streets, where community members can rent workspace with access to communal areas. Eliza Green / The Californian Alex Horvath / The Californian Alex Horvath / The Californian Amid the flickering screens and beckoning furniture, things are a little quiet around the coworking space Bitwise Industries has opened at the corner of 18th and H streets. Maybe too quiet. Chalk it up to tough timing during the pandemic, or the building's relative newness — even a sign of the company's success in reaching tech students in the relatively new world of mass online instruction. Bottom line is, the coworking trend has been a little slow getting off the ground at Bitwise. Two buildings to the west, space has begun to fill up at the company's more traditional office setting at 1723 18th St. But at the well-appointed first floor and mezzanine at the company's corner building, rarely more than two people at a time can be spotted inside the flexible coworking atmosphere that opened in April at half capacity because of COVID-19 concerns. There's been improvement: Sign-ups doubled at the coworking space, 1701 18th St., between mid-July and a month later, Bitwise's vice president in Bakersfield, Natasha Felkins, said at the time. She couldn't share numbers but said people signing up for memberships costing as little as $29 per month has ramped up noticeably. She noted a beer and wine taproom is expected to open soon on the ground floor. Felkins and spokeswoman Katherine Verducci said by email Friday outward appearances can be deceiving, and that one reason coworking tenants may escape notice is that the place is now open 24 hours per day, so members working outside 9 a.m. to 6 p.m. schedules come and go at odd hours. Yes, the pandemic has shifted how people work, their email said, but co-working is still "an important part of creating a tech ecosystem" such as Bitwise intends to see blossom as happened at the company's downtown Fresno properties, and which is planned at other cities it is working in around the country. Bitwise's business model does not revolve around coworking as much as it has incorporated that mode of unassigned seating as a way of building an informal community of small-business collaborators. Similar, nontraditional office environments have helped build up startup hubs around the country. Four blocks away, coworking and other nontraditional business setting are humming at MESH Cowork, a 7-year-old series of rentable spaces on the north side of 20th that recently expanded from the west to the east side of Eye Street. A manager at the building on the east side of 20th said the building is fully leased. At MESH's original home above Dagny's Coffee Co., small-business owner Michael Smith has upgraded his membership from a $100-per-month roaming office to a $250-per-month lease allowing him a permanent spot that offers a dedicated workspace. He signed up for the coworking arrangement more than five years ago, he said, because in addition to a physical address, it provided a business atmosphere away from the distractions of home. "It gives me the advantages of brick and mortar without brick and mortar," said Smith, owner of online shoe reseller Cassius Kicks. Amanda Shaffer, co-owner of The Studio Bakersfield, which teachers sewing classes above Dagny's at MESH, said Bitwise's coworking space probably just needs a little time. She participated in Bitwise training online for six months, and during that time, "we didn't go in at all." The way she sees is, the company's space along 18th is a place waiting to be discovered. "I don't see it being empty forever," she said, adding that the company needs time to host events, as MESH has done. "It's a lot of word of mouth and a lot of relationship-building," Shaffer said. Bitwise asks that anyone looking for information about leasing a desk at the facility send an email to cowork@bitwiseindustries.com . The company said inquiries about leasing a more traditional office should send an email to leasing@bitwiseindustries.com . Other information is available at www.bitwiseindustries.com . Deaths: 2,535 Percentage of all cases that are unvaccinated: 72.16 Percentage of all hospitalizations that are unvaccinated: 83.19

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  • When was Bitwise Industries founded?

    Bitwise Industries was founded in 2013.

  • Where is Bitwise Industries's headquarters?

    Bitwise Industries's headquarters is located at 700 Van Ness Ave, Fresno.

  • What is Bitwise Industries's latest funding round?

    Bitwise Industries's latest funding round is Series B.

  • How much did Bitwise Industries raise?

    Bitwise Industries raised a total of $77M.

  • Who are the investors of Bitwise Industries?

    Investors of Bitwise Industries include Kapor Capital, J.P. Morgan Chase & Co., ProMedica Innovations, Motley Fool Ventures, New World Foundation and 4 more.

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