Loading organizations...
§ Private Profile · San Francisco, CA, USA
Global crypto asset manager offering index-based and active investment products like ETFs and private funds for financial advisors and institutions.
Bitwise has raised $214.0M across 4 funding rounds.
Key people at Bitwise.
Bitwise was founded in 2017 by Hong Kim (Cofounder and CTO) and Hunter Horsley (Cofounder/CEO).
Bitwise has raised $214.0M in total across 4 funding rounds.
Bitwise Asset Management is a San Francisco, California-based cryptocurrency asset manager that provides index-based and active investment products, including exchange-traded funds and separately managed accounts. The firm manages over $15 billion in client assets across more than 40 investment products and employs approximately 200 people globally. Its services cater to institutional investors, family offices, and broker-dealers, reaching a client base that includes over 5,000 private wealth teams and 21 banks. Bitwise has expanded its international footprint through the acquisition of ETC Group to form Bitwise Europe, and it is backed by prominent venture capital investors such as Khosla Ventures and Highland Capital Partners. The organization has raised over $80 million in equity funding to support its ongoing development of regulated digital asset investment vehicles. Bitwise was founded in 2017 by Hunter Horsley and Hong Kim.
Key people at Bitwise.
Bitwise refers to multiple technology companies, with the most prominent being Bitwise Inc. (bitwiseglobal.com), a data modernization and AI-driven analytics firm headquartered in Schaumburg, IL. It empowers businesses through platforms like Microsoft Fabric, focusing on high-end data & AI consulting, automation-led solutions, and global delivery for enterprise AI migrations[1][5][6]. Its mission is to enable long-term client success via innovative, strategy-aligned solutions delivered by "Bitwisers"—expert teams emphasizing open-mindedness, excellence, and compassion[1]. Other entities include the defunct Bitwise Industries (tech training and real estate, collapsed in 2023 amid fraud) and bitwise.tech (government-focused digital services), but Bitwise Inc. stands out for ongoing operations and employee recognition as a Great Place to Work[2][3][6].
The company serves global enterprises seeking data platform modernization, solving complex problems like AI analytics integration and business insights through proprietary accelerators and 25+ years of methodology[1][5]. It differentiates via customer-first automation and unconventional thinking, with 157 U.S. employees driving high retention and trust[1][6].
Bitwise Inc. evolved from expertise in data solutions, building on over 25 years of experience in global delivery models, though exact founding details are not specified in available sources[1]. It positions itself as a modern innovator, with "Bitwisers" selected rigorously for continuous learning and client impact, fostering a culture rooted in core values like compassion in performance-driven environments[1]. Key figures include leaders like Pawankumar Gupta, highlighting innovation in customer tech delivery[1].
In contrast, Bitwise Industries originated in 2012 as Geekwise Academy, a Fresno coding bootcamp for underserved communities, founded by Irma Olguin Jr. and Jake Soberal; it rebranded in 2013, expanding into tech sales and real estate with $27M funding in 2019 before fraud-led collapse in 2023[2][4]. Bitwise.tech launched in 2018 with a human-centric focus on government tech transformations[3].
Bitwise Inc. rides the enterprise AI and data modernization wave, capitalizing on demand for platforms like Microsoft Fabric amid digital transformation pressures[1][5]. Timing aligns with surging AI adoption for business insights, where legacy data systems hinder agility—Bitwise's accelerators address this by accelerating migrations and analytics[1]. Market forces like cloud AI growth and automation favor its model, influencing ecosystems through client enablement in competitive sectors[5][6]. Unlike failed peers like Bitwise Industries, it sustains via steady consulting without overexpansion risks[2][4].
Bitwise Inc. is poised for expansion in AI-driven enterprise analytics, leveraging Microsoft ecosystem momentum and employee trust for scaled global impact[1][6]. Trends like generative AI integration and Fabric adoption will shape growth, potentially amplifying its network in data consulting. Influence may evolve toward deeper AI IP development, solidifying it as a reliable modernizer—contrasting sharply with fraud-tainted predecessors—while empowering businesses in an increasingly data-centric world[1][2][5]. This positions Bitwise as a steady force in tech's AI evolution, tying back to its core strength: innovative, human-led solutions for enduring client success.
Bitwise has raised $214.0M across 4 funding rounds. Most recently, it raised $70.0M Other Equity in February 2025.
Bitwise was founded in 2017 by Hong Kim (Cofounder and CTO) and Hunter Horsley (Cofounder/CEO).
Bitwise has raised $214.0M in total across 4 funding rounds.
Bitwise's investors include Electric Capital, Alumni Ventures, DST Global, Founders Fund, General Catalyst, Greylock, Han Hua, Innovation Endeavors, Khosla Ventures, Kleiner Perkins, LGF, Quiet Capital.
