# Bitwage funding: rounds and investors

> Bitwage has raised $2.3M across 3 rounds since 2014. Investors include Plug and Play, Draper Associates and Saeed Amidi. Every round with its source.

Source: https://millionrounds.com/company/bitwage (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Bitwage*

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise Software

Funding summary Updated 26 Oct 2026

**$2.3M** raised across 3 rounds since 2014, from 3 sources

**$750K** Seed **$1.5M** Seed

- **Latest round:** Seed, $1.5M Oct 2021
- **Step-up i:** 2×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019 2020 2021

**?** Seed

**$750K** Seed

**$1.5M** Seed

- **First round:** Seed
- **Biggest round:** $1.5M
- **Usual gap between rounds:** 5.8 years

## The rounds

- **Oct 2021** Seed **$1.5M** *2 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Draper Associates](https://millionrounds.com/fund/draper-associates) Source recorded
- **Nov 2015** Seed **$750K** *6 new* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Saeed Amidi](https://millionrounds.com/fund/saeed-amidi) [Cloud Money Ventures](https://millionrounds.com/fund/cloud-money-ventures) [Orange Silicon Valley](https://millionrounds.com/fund/orange-silicon-valley) BankToTheFuture Bitcoin Capital From a historical funding record SEC filing: $5 sold, first sale Feb 2016
- **Dec 2014** Seed **Amount undisclosed** *1 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) From a historical funding record

## Founders and team

From Bitwage's own website and the SEC filings it signed: 2 founders, 4 on the team.

**Jonathan Chester** CEO, Co-founder *Named on its 2016 Form D*

**John Lindsay** CTO, Co-founder *Named on its 2016 Form D*

- **Frank Rodriguez** COO
- **Ramiro Raposo** VP of Growth
- **Roy Lindsay** VP Engineering
- **Sonia Chester** VP of Product

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Seed** 2015 **Seed** 2021 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Saeed Amidi](https://millionrounds.com/fund/saeed-amidi) [Cloud Money Ventures](https://millionrounds.com/fund/cloud-money-ventures) [Orange Silicon Valley](https://millionrounds.com/fund/orange-silicon-valley) BankToTheFuture Bitcoin Capital

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

[Saeed Amidi](https://millionrounds.com/fund/saeed-amidi) Angel **1** round

[Cloud Money Ventures](https://millionrounds.com/fund/cloud-money-ventures) VC firm **1** round

[Orange Silicon Valley](https://millionrounds.com/fund/orange-silicon-valley) VC firm **1** round

BankToTheFuture no record of our own yet **1** round

Bitcoin Capital no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bitwage).

## Also claim to have backed them

These 2 firms list Bitwage as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Overton Venture Capital](https://millionrounds.com/fund/overton-venture-capital) VC firm Per its own site

[Visary Capital](https://millionrounds.com/fund/visary-capital) VC firm 2025, per its site

## Quick answers about Bitwage

### Who invested in Bitwage?

Bitwage's investors include Plug and Play, Draper Associates, Saeed Amidi, Cloud Money Ventures and Orange Silicon Valley, and 2 more on record.

### How much has Bitwage raised?

Bitwage has raised $2.3M across 3 rounds since 2014. One round did not disclose an amount, so the total is a floor.

### When did Bitwage last raise?

Bitwage's most recent round was a Seed of $1.5M in Oct 2021.

### What was Bitwage's biggest round?

Its most recent round, $1.5M in Oct 2021, is also its largest on record.

### Who backed Bitwage first?

Bitwage's first round on record, in Dec 2014, was backed by Plug and Play.

### What stage is Bitwage at?

Bitwage's latest named round is a Seed, in Oct 2021.

### Where is Bitwage based?

Bitwage is based in the United States.

## Companies like Bitwage

In the same sector, and raised in the last eighteen months.

[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**AuxoAI** $21M · Oct 2026](https://millionrounds.com/company/auxoai)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**RapidCanvas** $53M · Oct 2026](https://millionrounds.com/company/rapidcanvas)[**Labelbox** $224M · Oct 2026](https://millionrounds.com/company/labelbox)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
