Tech Company Financing Transactions

BitInstant Funding Round

Winklevoss Capital and private investors participated in a $1.5 million Seed venture round for BitInstant. The funding round closed on 5/20/2013.

Transaction Overview

Company Name
Announced On
5/20/2013
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors

Winklevoss Capital (Lead Investor)

private investors (David Azar)

Proceeds Purpose
The funding is meant to allow the company to further scale up its staff and product as it angles to become the go-to site for Bitcoin transfers.

Company Information

Company Status
Out of Business
Industry
FinTech
Mailing Address
20 W 23rd St.
New York, NY 10010
USA
Email Address
Overview
BitInstant is a payment processor for various Bitcoin exchanges and other merchants. Customers of these exchanges and other merchants can easily make a payment to them by using BitInstant, that is an agent and payment processor for those exchanges and other merchants.
Profile
BitInstant LinkedIn Company Profile
Social Media
BitInstant Company Twitter Account
Company News
BitInstant News
Facebook
BitInstant on Facebook
YouTube
BitInstant on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Charlie Shrem
  Charlie Shrem LinkedIn Profile  Charlie Shrem Twitter Account  Charlie Shrem News  Charlie Shrem on Facebook
Chief Financial Officer
Sam Mindlin
  Sam Mindlin LinkedIn Profile  Sam Mindlin Twitter Account  Sam Mindlin News  Sam Mindlin on Facebook
Chief Financial Officer
Gareth Nelson
  Gareth  Nelson LinkedIn Profile  Gareth  Nelson Twitter Account  Gareth  Nelson News  Gareth  Nelson on Facebook
Chief Information Officer
Alex Waters
  Alex Waters LinkedIn Profile  Alex Waters Twitter Account  Alex Waters News  Alex Waters on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/20/2013: Karyopharm Therapeutics venture capital transaction
Next: 5/20/2013: WiserTogether venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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