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Swan Bitcoin has raised $6.0M across 1 funding round.
Key people at Swan Bitcoin.
Swan Bitcoin has raised $6.0M in total across 1 funding round.
Swan Bitcoin provides a direct platform for individuals and institutions to acquire Bitcoin, emphasizing a strategy of automated, recurring purchases for long-term accumulation. Its service simplifies the process of buying and holding Bitcoin, aiming to reduce complexity and transaction costs for users. The company focuses on making Bitcoin adoption accessible and straightforward for those looking to build a position in the digital asset.
Founded in 2019 by Cory Klippsten, Mitch Kochman, and Yan Pritzker, Swan Bitcoin was established to address the need for a more user-friendly and educational pathway into Bitcoin investment. Klippsten, with his background in venture capital and other Bitcoin-focused initiatives, alongside his co-founders, recognized an opportunity to build a trusted and transparent platform for Bitcoin accumulation, moving beyond traditional crypto exchanges.
Swan serves a diverse client base, including retail investors and businesses seeking to integrate Bitcoin into their financial planning. The company's overarching vision is to accelerate the global adoption of Bitcoin by fostering understanding and trust, ultimately aiming to onboard millions of new, informed Bitcoin holders into the ecosystem. They strive to build a future where Bitcoin is a foundational asset for wealth preservation.
Swan Bitcoin is a Bitcoin-only financial technology company founded in 2019 that simplifies Bitcoin accumulation and ownership through automated savings plans, custodial services, and educational resources.[2][3] It serves individual investors, high-net-worth individuals, corporations, and financial advisors by offering recurring Bitcoin purchases (daily, weekly, or monthly), instant buys, Bitcoin IRAs, corporate treasury solutions, and self-custody options like Swan Vault, all with low fees (0.99% after the first $10k free) and no withdrawal or deposit charges.[2][4] The platform solves Bitcoin adoption barriers—volatility, complexity, and trust—via dollar-cost averaging, institutional-grade security (partnered with BitGo), and content to convert newcomers into long-term holders, while expanding into institutional lending and a planned Bitcoin-only trust company.[1][3][4] With ~89 employees in a distributed model and $40M raised plus $205M deployed in 2023 ventures, Swan demonstrates strong growth amid crypto volatility.[1][2]
Swan Bitcoin emerged in late 2019 when CEO Cory Klippsten, inspired by Bitcoin's resilience post-2008 financial crisis, built a backend for automated Bitcoin savings initially called "Save Bitcoin."[5][7] Klippsten recruited co-founder Yan Pritzker (tech expertise), Brady Swanson, and Brandon Quittem for marketing and support, rebranding to Swan by January 2020 and launching publicly on March 30, 2020, across 49 U.S. states.[2][5] Early traction came from its Bitcoin-only focus amid crypto scandals, evolving from basic brokerage to high-net-worth services, IRAs, corporate plans, and institutional products like Bitcoin-backed lending by 2023.[1][3][4]
Swan rides the Bitcoin maximalism trend, positioning BTC as "digital gold" superior to fiat due to scarcity, predictability, and borderless transfer amid post-2022 crypto collapses (e.g., FTX).[1][3][7] Timing aligns with Bitcoin's 2023 rally and institutional demand for trusted, non-fraudulent services, filling gaps left by failures like Sam Bankman-Fried.[1] Market forces favoring Swan include regulatory clarity pushes (e.g., Bitcoin-only trust plans), rising corporate adoption (treasury tools), and self-sovereignty via custody innovations, influencing the ecosystem by educating millions, funding Bitcoin startups, and enabling advisors to integrate BTC seamlessly.[1][3][4]
Swan is poised to scale as a Bitcoin adoption engine, with its 2024 trust company launch and lending expansion capitalizing on ETF approvals and nation-state BTC reserves.[1][4] Trends like AI-driven finance and fiat debasement will boost demand for its low-friction tools, potentially growing via global HNWI and corporate onboarding. Its influence may evolve into a full-stack Bitcoin financial services leader, democratizing ownership while backing ecosystem builders—cementing its role from 2019 brokerage to generational wealth platform.[3]
Swan Bitcoin has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Series A in November 2021.
Key people at Swan Bitcoin.
Swan Bitcoin has raised $6.0M in total across 1 funding round.
Swan Bitcoin's investors include Mimesis Capital, Ten31, Kevin Hartz, Altair Capital Management, Andreessen Horowitz, Angel investor, AngelList, Anti fund, Balderton Capital, Brainchild, Carao Ventures, Craft Ventures.
