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Foxbit

company

About

Foxbit is a cryptocurrency exchange operating in Brazil with trading in bitcoin, ether, litecoin, TrueUSD and XRP.

Highlights

Total Funding Amount
$21.13M
Funding Rounds
3
Investors
2
Acquisition
2
Employee Profiles
3

Details

Last Funding Type
Series A
Last Funding Money Raised
$21M
Industries
Bitcoin,Blockchain,Cryptocurrency,Financial Exchanges,Financial Services,FinTech
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Foxbit Serviços Digitais
Also Known As
Foxbit Serviços Digitais

Foxbit is one of the largest and oldest cryptocurrency exchanges in the world, operating in Brazil with trading in bitcoin, ether, litecoin, TrueUSD and XRP. Since 2014, it seeks to inspire people to gain financial freedom so that they can realize their dreams

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$21.13M
Foxbit has raised a total of $21.13M in funding over 2 rounds. Their latest funding was raised on Feb 22, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 22, 2022 Series A $21M 1 OK Group — Detail
Apr 1, 2016 Seed $100K 1 — — Detail
Nov 20, 2014 Pre-seed $30K — — — Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Foxbit is funded by 2 investors. OK Group and Bernardo Faria are the most recent investors.
Investor Name Lead Investor Funding Round
OK Group Yes Series A
Bernardo Faria — Seed

Employee Profiles

Number of Employee Profiles
3
Foxbit has 3 current employee profiles, including Executive João Canhada
João Canhada
Executive
Roberto Cury
Executive

Acquisition

Foxbit has acquired 2 organizations. Their most recent acquisition was Bitinvest on Aug 1, 2016. They acquired Bitinvest for 0.

Date Company Name
Industry Acquisition Type Price
Aug 1, 2016 Bitinvest
Information Services acquisition — Detail
Nov 6, 2019 Modiax
Information Technology acquisition — Detail
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