# Bill Lee

> Bill Lee is a seed investor at BitGo (San Francisco) backing Mobile and Internet. See 26 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [BitGo](https://shizune.co/investors/profile/bitgo)
- Location: San Francisco, United States
- Total investments: 26
- Last investment: Aug 2025
- Lead investor: 0%
- Last updated: Aug 2026
- X (Twitter): https://twitter.com/westcoastbill
- Website: https://www.craftventures.com

Bill Lee is a seed investor at BitGo in San Francisco focused on Mobile and Internet. Bill Lee was CEO and co-founder of Remarq, a Benchmark Capital-backed collaboration company. At Remarq, Bill guided the company in its development of a complete end-to-end Internet messaging and collaboration platform. Before its acquisition by Critical Path in March 2000, the company developed high-volume messaging platforms for sites such aseBay, Sun, Novell, and Amazon. The company raised over $43 million in venture and debt financing.Bill has been appointed by the Mayor of San Jose to the Redevelopment Committee of San Jose. Bill also graduated Beta Gamma Sigma from UC Berkeley with a B.S. in accounting/finance and received a JD/MBA from UCLA.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$6.8M |
| Angel | $725k–$975k |
| Series A | $4.5M–$23M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Mobile | 6 | 23% |
| Internet | 5 | 19% |
| E-Commerce | 5 | 19% |
| Apps | 4 | 15% |
| Software | 4 | 15% |

54 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 14 | 54% |
| Series A | 6 | 23% |
| Angel | 2 | 8% |
| Series B | 1 | 4% |
| Initial Coin Offering | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 20 | 77% |
| France | 1 | 4% |
| Singapore | 1 | 4% |
| United Kingdom | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| The Clearing Company | The Clearing Company is an on-chain prediction market that aims to build an on-chain, permissionless prediction market that is compliant with regulatory standards and friendly to retail users. | $15M | Seed | Aug 28, 2025 |  |
| Garden | Garden assists lawyers and businesses in automating the creation of new patents and analyzing potential infringements. The company develops AI agents that manage routine tasks, enabling users to concentrate on patent strategy. | $6.8M | Seed | Aug 15, 2024 |  |
| RNDR | RNDR is OTOY’s token based rendering network. It enables distributed GPU rendering on the blockchain, using OctaneRender which is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in networked computers to render photo-realistic images super fast. With Octane’s parallel computecapabilities, users can render works in a fraction of the time, and at a better cost than centralized services. RNDR is currently the fund’s only pure utility token investment — in a use case where the token is actually delivering utility in a network, using proven technology to deliver a service with a real and strong market. | $30M | Initial Coin Offering | Dec 21, 2021 |  |
| OpenSea | OpenSea is a peer-to-peer marketplace for crypto collectibles and non-fungible tokens. It includes collectibles, gaming items, and other virtual goods backed by a blockchain. On OpenSea, anyone can buy or sell these items through a smart contract. | $23M | Series A | Mar 18, 2021 |  |
| Goldin Auctions | Goldin Auctions is the leading marketplace for trading cards, sports memorabilia, and other collectibles. Founder Ken Goldin has sold more than $1 billion in memorabilia from many of the biggest names in sports, history, and pop culture. The company routinely sets records for the most expensive trading cards and other memorabilia ever sold.Lifelong collectors and new hobbyists alike trust Goldin Auctions because the company professionally authenticates everything it sells. | $40M | Venture - Series Unknown | Feb 16, 2021 |  |
| Lightning Labs | Lightning Labs is building the next generation of decentralized, resilient financial infrastructure. We believe systems based on cryptography, blockchains, and smart contracts will enhance financial cooperation around the world in unprecedented ways at scales both large and small. We have developed Lightning Network Daemon (lnd) the most advancedand most developer-friendly implementation of the Lightning Network protocol. Along with Neutrino, an open platform that enables users with mobile devices to conduct blockchain and Lightning Network transactions quickly and easily. We’re hiring. See our open positions: http://lightning.engineering/careers.html Get involved: http://dev.lightning.community/ | $2.5M | Seed | Mar 15, 2018 |  |
| BitGo | BitGo is the world's largest processor of on-chain Bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. BitGo supports over 200 coins and tokens, and has over $2 billion in assets in wallet. Our customer base includes the world's largest cryptocurrency exchangesand spans more than 50 countries. In 2018, we introduced BitGo Custody and launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. In 2019, we began providing clearing and settlement.Ben Davenport, Michael Belshe, and Will O'Brien founded BitGo in 2013. It has its headquarters in Palo Alto in California. | $42.5M | Series B | Dec 11, 2017 |  |
| Passionflix | Passionflix is an entertainment platform designed to extract and create movies from novels. It offers original content which is made by reviewing a variety of romantic novels and extracting specific sections, enabling viewers to get a visual presentation of the bestselling novels. | $4.8M | Seed | Nov 02, 2017 |  |
| Diffbot | Diffbot is a world-class group of AI researchers building an autonomous system to structure the world's knowledge. Thousands of leading companies rely on Diffbot data for their enterprise and consumer applications. | $10M | Series A | Feb 11, 2016 |  |
| Hutch Interiors | Hutch Interiors is a mobile app that transforms spaces from before to after, faster than ever.Hutch gives you the opportunity to try something new without the heavy lifting, expensive designer budgets, and the hit and miss of furniture shopping. Dress up your home in a variety of different styles- anything from boho to urban industrial- beforebuying or rearranging any furniture. Shop with confidence and vision. Get the right pieces, delivered to your door. | $2.1M | Seed | Dec 15, 2015 |  |

10 of 26 investments shown.

## Co-investors
- [Google Ventures](https://shizune.co/investors/profile/google-ventures) — VC Fund, 3 deals together
- [SV Angel](https://shizune.co/investors/profile/sv-angel) — VC Fund, 3 deals together
- [A-Grade Investments](https://shizune.co/investors/profile/a-grade-investments) — VC Fund, 2 deals together
- [Capricorn Investment Group](https://shizune.co/investors/profile/capricorn-investment-group) — VC Fund, 2 deals together
- [CRV](https://shizune.co/investors/profile/crvvc) — VC Fund, 2 deals together
- [Blockchain Capital](https://shizune.co/investors/profile/crypto-currency-partners) — VC Fund, 2 deals together

## About BitGo

VC Fund · Palo Alto, United States

BitGo is the world's largest processor of on-chain Bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. BitGo supports over 200 coins and tokens, and has over $2 billion in assets in wallet. Our customer base includes the world's largest cryptocurrency exchangesand spans more than 50 countries. In 2018, we introduced BitGo Custody and launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. In 2019, we began providing clearing and settlement.Ben Davenport, Michael Belshe, and Will O'Brien founded BitGo in 2013. It has its headquarters in Palo Alto in California.

5 contacts available at BitGo.

| Name | Title | Profile |
| --- | --- | --- |
| Bill Lee | Board Member | https://shizune.co/investors/profile/bill-lee-2fdf |
| Bill Lee | Board Member | https://shizune.co/investors/profile/bill-lee |
| Cassie Lentchner | Chief Operating Officer | https://shizune.co/investors/profile/cassie-lentchner-3030 |
| Chen Fang | Chief Product Officer | https://shizune.co/investors/profile/chen-fang |
| Jeff Horowitz | Chief Compliance Officer | https://shizune.co/investors/profile/jeff-horowitz-e5bb |

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## FAQ

### What does Bill Lee invest in?

Bill Lee invests primarily in Mobile, Internet and E-Commerce startups, most often at Seed and Series A stage. Most of the 26 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bill Lee's check size?

Bill Lee typically joins rounds of $1M–$6.8M at Seed, $725k–$975k at Angel and $4.5M–$23M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bill Lee participates in.

### When did Bill Lee last invest?

The most recent investment recorded for Bill Lee closed in Aug 2025. Shizune tracks 26 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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