FundedIQ
Financial Services

Bits: Funding, Investors & Team (Aug 2026)

Bits set up automatic investments at regular intervals within the Bits app to strengthen the value of your micro-investments.

www.bitscrypto.com LinkedIn Las Vegas, United States 1-10 employees
Cryptocurrency
Total raised
$1.2M
Rounds
1
Latest
Pre-Seed
Aug 2022

Bits has raised $1.2M across 1 funding round on record, the most recent a Pre-Seed of $1.2M announced in Aug 2022.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Bits Company Profile and Key Stats

Total funding raised
$1.2M
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$1.2M in Aug 2022
Employees
1-10
reported band
Headquarters
Las Vegas, United States

Latest funding round on record: Aug 2022.

Bits Funding Rounds

Date
Round
Amount
Pre-Seed
$1.2M

Bits Founders and Leadership Team

Name
Role
Contact
Alex Poscente
Founder
Locked

Contact details for the Bits team: 1 of 1 has an email address on file.

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Bits Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
5,801
$600K

Bits' latest round of $1.2M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Bits in Financial Services and Las Vegas

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Bits Funding FAQs

What does Bits do?

Bits set up automatic investments at regular intervals within the Bits app to strengthen the value of your micro-investments.

How much funding has Bits raised?

Bits has raised $1.2M across 1 round on record. The most recent is a Pre-Seed of $1.2M announced in Aug 2022.

When did Bits last raise funding?

Bits' most recent funding round on record is a Pre-Seed of $1.2M, announced in Aug 2022.

Who founded Bits?

FundedIQ lists Alex Poscente (Founder) at Bits.

Where is Bits headquartered?

Bits is based in Las Vegas, Nevada, United States.

How many employees does Bits have?

Bits is in the 1-10 employee band.

How does Bits' funding compare to other Financial Services startups?

Bits' latest round of $1.2M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Bits Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bits is left off this page rather than filled in.

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