Tech Company Financing Transactions

Bitnomial Funding Round

Bitnomial, operating out of Chicago, received $25 million from Ripple and private investors.

Transaction Overview

Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

Ripple (Lead Investor) (Brad Garlinghouse)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
318 W Adams St
Chicago, IL 60606
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Bitnomial was founded in 2014 to create a marketplace connecting native digital asset hedgers with institutional traders. Bitnomial offers improved derivatives exchange technology coupled with new digital asset settlement systems.
Profile
Bitnomial LinkedIn Company Profile
Social Media
Bitnomial Company Twitter Account
Company News
Bitnomial News
Facebook
Bitnomial on Facebook
YouTube
Bitnomial on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Luke Hoersten
  Luke Hoersten LinkedIn Profile  Luke Hoersten Twitter Account  Luke Hoersten News  Luke Hoersten on Facebook
Chief Information Officer
Matthew Wraith
  Matthew Wraith LinkedIn Profile  Matthew Wraith Twitter Account  Matthew Wraith News  Matthew Wraith on Facebook
President
Michael Dunn
  Michael Dunn LinkedIn Profile  Michael Dunn Twitter Account  Michael Dunn News  Michael Dunn on Facebook
VP - General Counsel
Joseph Pensinger
  Joseph Pensinger LinkedIn Profile  Joseph Pensinger Twitter Account  Joseph Pensinger News  Joseph Pensinger on Facebook
VP - Regulatory Affairs
James Walsh
  James Walsh LinkedIn Profile  James Walsh Twitter Account  James Walsh News  James Walsh on Facebook


 

 

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We do our best to report on tech company VC transactions. VC transactions reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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