# Bitwise funding: rounds and investors > Bitwise has raised $74M across 2 rounds since 2017. Investors include General Catalyst, Khosla Ventures and Coinbase Ventures. Every round with its source. Source: https://millionrounds.com/company/bitwise (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Bitwise* 2 rounds we have observed, with the 17 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. Fintech Web3 & Crypto Valuation: $500M, Oct 2024 Funding summary Updated 26 Oct 2026 **$74M** raised across 2 rounds since 2017, from 2 sources **$4.0M** Seed **$70M** Venture - **Latest round:** Venture, $70M Feb 2025 - **Step-up i:** 17.5× - **Investors:** 17 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. 2019 2021 2023 2025 **$4.0M** Seed **$70M** Venture - **First round:** Seed, $4.0M - **Biggest round:** $70M - **Between rounds:** 7.2 years ## The rounds - **Feb 2025** Venture **$70M** *7 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) [Haun Ventures](https://millionrounds.com/fund/haun-ventures) Source recorded - **Dec 2017** Seed **$4.0M** *10 new* [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [Elad Gil](https://millionrounds.com/fund/elad-gil) [Keith Rabois](https://millionrounds.com/fund/keith-rabois) [David Sacks](https://millionrounds.com/fund/david-sacks) [Adam Nash](https://millionrounds.com/fund/adam-nash) [Avichal Garg](https://millionrounds.com/fund/avichal-garg) Adam Ludwin Blockchain Hemant Taneja Suna Said Reported by FinSMEs ## 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** 2017 **Venture** 2025 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) [Elad Gil](https://millionrounds.com/fund/elad-gil) [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) [Keith Rabois](https://millionrounds.com/fund/keith-rabois) [Haun Ventures](https://millionrounds.com/fund/haun-ventures) ## Everyone who backed them [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round [Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round [Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) VC firm **1** round [Caffeinated Capital](https://millionrounds.com/fund/caffeinated-capital) VC firm **1** round [Elad Gil](https://millionrounds.com/fund/elad-gil) VC firm **1** round [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) VC firm **1** round [Keith Rabois](https://millionrounds.com/fund/keith-rabois) VC firm **1** round [Haun Ventures](https://millionrounds.com/fund/haun-ventures) VC firm **1** round [David Sacks](https://millionrounds.com/fund/david-sacks) VC firm **1** round [Adam Nash](https://millionrounds.com/fund/adam-nash) Angel **1** round [Avichal Garg](https://millionrounds.com/fund/avichal-garg) VC firm **1** round Adam Ludwin no record of our own yet **1** round Blockchain no record of our own yet **1** round Hemant Taneja no record of our own yet **1** round Suna Said 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=bitwise). ## Also claim to have backed them This firm lists Bitwise as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site ## Quick answers about Bitwise ### Who invested in Bitwise? Bitwise's investors include General Catalyst, Khosla Ventures, Coinbase Ventures, Craft Ventures and Naval Ravikant, and 12 more on record. ### How much has Bitwise raised? Bitwise has raised $74M across 2 rounds since 2017. ### When did Bitwise last raise? Bitwise's most recent round was a Venture of $70M in Feb 2025. ### What was Bitwise's biggest round? Its most recent round, $70M in Feb 2025, is also its largest on record. ### Who backed Bitwise first? Bitwise's first round on record, in Dec 2017, was backed by Naval Ravikant, Elad Gil and Keith Rabois and 7 others. ### What stage is Bitwise at? Bitwise's latest named round is a Venture, in Feb 2025. ### Where is Bitwise based? Bitwise is based in the United States. ## Companies like Bitwise In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos) ## 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