# BitGo

> BitGo is a VC fund in Palo Alto backing Software and Financial Services. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Palo Alto, United States
- Total investments: 8
- Last investment: Jan 2026
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/bitgo-inc/
- X (Twitter): https://twitter.com/BitGo
- Website: http://www.bitgo.com/
- Facebook: https://www.facebook.com/bitgoinc/

BitGo is a VC fund in Palo Alto focused on Software and Financial Services. 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.

## Contacts

5 contacts available for BitGo. Shizune tracks 9 team members at BitGo. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bitgo?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 25% |
| Financial Services | 2 | 25% |
| CRM | 1 | 13% |
| IaaS | 1 | 13% |
| PaaS | 1 | 13% |

26 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 38% |
| Series A | 1 | 13% |
| Post-IPO Debt | 1 | 13% |
| Corporate Round | 1 | 13% |
| Post-IPO Equity | 1 | 13% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 50% |
| Canada | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Bill Lee | Board Member | 26 | https://shizune.co/investors/profile/bill-lee-2fdf |
| Bill Lee | Board Member | 29 | https://shizune.co/investors/profile/bill-lee |
| Cassie Lentchner | Chief Operating Officer | 0 | https://shizune.co/investors/profile/cassie-lentchner-3030 |
| Chen Fang | Chief Product Officer | 0 | https://shizune.co/investors/profile/chen-fang |
| Jeff Horowitz | Chief Compliance Officer | 0 | https://shizune.co/investors/profile/jeff-horowitz-e5bb |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Ubyx | Ubyx is a clearing system that allows anyone, |  | Corporate Round | Jan 05, 2026 |  |
| Alpha Compute Corp. | Portage is engaged in researching and developing pharmaceutical and biotech products through to clinical "proof of concept" with an initial focus on unmet clinical needs. Following proof of concept, Portage will look to sell or license the products to large pharmaceutical companies for further development and commercialization.Portageis seeking discovery and co-development partners in areas such as cancer, infectious disease, neurology and psychiatry developing novel targeted therapies, stem cell therapy and even older marketed products that have been found to have novel patentable characteristics that bring new value to patients. | $35M | Post-IPO Debt | Sep 03, 2025 |  |
| TON Strategy Company | VERB Technology Company is a software-as-a-Service, or SaaS, applications platform developer. Its platform is comprised of sales enablement business software products marketed on a subscription basis. The applications are available in both mobile and desktop versions. It includes verbCRM, Customer Relationship Management application, verbLEARN,Learning Management System application, and verbLIVE, its Live Broadcast Video Webinar application. | $558M | Post-IPO Equity | Aug 04, 2025 |  |
| Blueprint Finance | Blueprint Finance develops protocols and infrastructure to advance on-chain financing. | $9.5M | Venture - Series Unknown | Jun 23, 2025 |  |
| Tally | Tally is a frontend for DAOs running on Ethereum and other EVM blockchains. Tally gives users real power in their decentralized organizations. On Tally, users can delegate voting power, create or pass proposals to spend DAO funds, manage a protocol, and upgrade smart contracts—all onchain. | $8M | Series A | Apr 22, 2025 |  |
| Fragmetric | Fragmetric is a native liquid restaking mechanism for Solana that improve the Solana ecosystem's security and economic potential. | $5M | Seed | Mar 24, 2025 |  |
| Arch | Arch is a financial technology company that offers loans to alternative asset owners. | $5M | Seed | Aug 22, 2024 |  |
| Nirvana Labs | Our mission is to make blockchain infrastructure economical and accurate, ultimately lowering the barriers to entry for Web3 engineers. | $4M | Seed | Jul 19, 2024 |  |

8 of 8 investments shown.

## Co-investors
- [Castle Island Ventures](https://shizune.co/investors/profile/castle-island-ventures) — VC Fund, 2 deals together
- [1kx](https://shizune.co/investors/profile/1kx) — VC Fund, 1 deal together
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund, 1 deal together
- [Amber Group](https://shizune.co/investors/profile/amber-ai) — VC Fund, 1 deal together
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund, 1 deal together
- [Appworks](https://shizune.co/investors/profile/appworks-e893) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does BitGo invest in?

BitGo invests primarily in Software, Financial Services and CRM startups, most often at Seed and Series A stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact BitGo?

Public channels for BitGo include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at BitGo?

The team at BitGo includes Bill Lee (Board Member), Bill Lee (Board Member) and Cassie Lentchner (Chief Operating Officer), among 9 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### 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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