BTCjam

About

With $11 million dollars in loan volume and growing, BTCJam has served more than 100,000 users from over 200 countries.

San Francisco,California,United States
11 - 50
http://btcjam.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $6.10M
Industries: Bitcoin,Blockchain,Consumer Lending,Finance,Financial Services
Founded date: Oct 1, 2013
Number Of Employee: 11 - 50
Operating Status: Close
Legal Name: Ovo Cosmico, Inc.
Also Known As: Zogamasters inc

With $11 million dollars in loan volume and growing, BTCJam has served more than 100,000 users from over 200 countries. BTCJam’s mission is to offer affordable credit to everyone. The company employs a proprietary credit scoring algorithm to predict the repayment rate of borrowers, and uses bitcoin to offer fast and inexpensive transactions. If you would like to borrow bitcoin, apply for loans with rates as low as 6.7% APR. Want to earn interest on your bitcoin? Investments on BTCJam average 19% APR. Integrated with Coinbase, bitcoin transfers are simple for borrowers and investors. Try it today!

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$9.20M

BTCjam has raised a total of $9.20M in funding over 2 rounds. Their latest funding was raised on Oct 29, 2015 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 29, 2015	Series A	$1.90M	1	—	—	Detail
Dec 24, 2014	Series A	$6.10M	7	Foundation Capital	—	Detail
Jun 5, 2014	Seed	$1.20M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

10

BTCjam is funded by 10 investors. Foundation Capital and 500 Global are the most recent investors.

Investor Name	Lead Investor	Funding Round
Foundation Capital	—	Series A
500 Global	—	Series A
Bitcoin Investment Trust	—	Series A
Fabrice Grinda	—	Series A
FundersClub	—	Series A
Jose Marin	—	Series A
Pantera Capital	—	Series A
Digital Currency Group	—	Seed
Firestartr	—	Seed
Silicon Badia	—	Seed