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§ Private Profile · Munich, Bayern, Germany
AI-powered decentralized platform providing NFT analytics, valuation, fraud detection, and forensics for digital assets, focused on transparency.
bitsCrunch is an artificial intelligence-powered decentralized platform based in Germany and India that provides analytics, valuation, fraud detection, and forensics for non-fungible tokens and broader digital assets. The company utilizes machine learning algorithms to enrich data from both on-chain and off-chain sources, offering application programming interfaces and analytical dashboards to combat wash trading and ensure transparency. Operating primarily within the cryptocurrency and blockchain sectors, the business-to-business network serves various NFT marketplaces, decentralized finance users, and digital asset participants requiring comprehensive risk assessment tools. The organization currently operates with a workforce of approximately 50 employees and has raised $6.75 million across three funding rounds to support the development of its mainnet, which officially launched in February 2024. bitsCrunch was originally founded in 2019 by Vijay Pravin Maharajan, Ashok Varadharajan, Saravanan Jaichandaran, and Ajay Prashanth.
bitsCrunch has raised $12.2M across 4 funding rounds.
bitsCrunch has raised $12.2M in total across 4 funding rounds.
bitsCrunch has raised $12.2M across 4 funding rounds. Most recently, it raised $3.9M ICO in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 21, 2023 | $3.9M Angel | — | — | Announced |
| Feb 24, 2022 | $3.6M Venture Round | YAT SIU | Bison Capital, Borderless Capital, Coinbase Ventures, Crypto.com, GravityX Capital, Mapleblock Capital, Morningstar Ventures, Polygon Studios, Shima Capital, Spark Digital Capital, Tykhe Block Ventures | Announced |
| Dec 1, 2021 | $4M Seed | — | Animoca Brands | Announced |
| Sep 7, 2021 | $750K Seed | — | Covalent, Double Peak, Genblock Capital, Ledgerprime, Mexc, Synaps | Announced |
bitsCrunch has raised $12.2M in total across 4 funding rounds.
bitsCrunch's investors include Yat Siu, Bison Capital, Borderless Capital, Coinbase Ventures, Crypto.com, GravityX Capital, Mapleblock Capital, Morningstar Ventures, Polygon Studios, Shima Capital, Spark Digital Capital, Tykhe Block Ventures.
bitsCrunch is a technology company specializing in blockchain analytics with a strong focus on the non-fungible token (NFT) ecosystem. It leverages artificial intelligence (AI) and machine learning (ML) to provide decentralized, on-chain data services, fraud detection, and forensic analytics for NFTs, wallets, tokens, and digital assets across multiple blockchains. Its platform offers developers a unified API for multi-chain integration, enabling reliable, scalable, and cost-predictable access to blockchain data. bitsCrunch primarily serves blockchain projects, NFT creators, DeFi platforms, and enterprises seeking to mitigate fraud, verify authenticity, and make data-driven decisions in the decentralized economy. The company has shown significant growth momentum, highlighted by a successful $3.85 million community token sale in 2024 and partnerships with major players like Mastercard[1][2][3].
Founded in 2020, bitsCrunch emerged from the recognition of critical challenges in the blockchain space, such as unreliable on-chain data, NFT fraud, and unauthorized intellectual property use. The founders, with backgrounds in AI and blockchain, aimed to blend these technologies to enhance transparency and security in decentralized ecosystems. Early traction came from developing AI-powered tools for NFT authenticity checking, wash trade detection, and wallet profiling. A pivotal moment was its inclusion in Mastercard’s Start Path program in 2022, which validated its solutions for bridging traditional finance and Web3. The company is headquartered in Tortola, British Virgin Islands, with operational presence in India and Germany[1][2][3][4].
bitsCrunch rides the wave of increasing demand for trustworthy, scalable blockchain data solutions amid the rapid growth of NFTs, DeFi, and Web3 applications. The timing is critical as the blockchain ecosystem matures and faces challenges like fraud, data fragmentation, and regulatory scrutiny. By offering AI-enhanced, decentralized analytics, bitsCrunch addresses these pain points, enabling safer and more transparent digital asset markets. Its role extends beyond analytics to fostering a community-driven ecosystem that supports developers and creators, thereby influencing the broader adoption and legitimacy of blockchain technologies[1][2].
Looking ahead, bitsCrunch is poised to expand its data services across more blockchain networks and deepen its AI capabilities to enhance predictive analytics and risk assessment. Trends such as the mainstreaming of NFTs, institutional adoption of digital assets, and regulatory emphasis on transparency will shape its trajectory. The company’s decentralized model and community engagement position it well to remain a key infrastructure provider in the evolving Web3 landscape. Its influence is likely to grow as it continues bridging traditional finance and decentralized ecosystems, potentially setting standards for blockchain data integrity and security[2][3].