VBit Technologies Corp.
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VBit Technologies Corp. - overview
Established
2018
Location
Philadelphia, PA, US
Primary Industry
Business Support Services
About
VBit Technologies Corp. is a firm specializing in blockchain technology and cryptocurrency mining, offering state-of-the-art solutions to optimize mining operations and enhance profitability for its clients. Founded in 2018 in Philadelphia, US, VBit Technologies Corp. is focused on providing advanced cryptocurrency mining solutions.
The company has undergone significant growth since its inception and has received funding through a Seed round of USD 1. 1 million led by Golden Age, culminating in a total amount raised of USD 1. 1 million by May 2020. The CEO is Don Vo and the company was founded by Jason W.
, who has a background in technology-related ventures. VBit Technologies specializes in delivering a comprehensive range of cryptocurrency mining solutions, including hardware, software, and hosting services tailored for individual miners and large operations. The company aims to enhance the efficiency of mining activities through user-friendly interfaces and robust functionalities, catering to a diverse clientele in North America and Europe. Additionally, VBit is expanding its services into the Asia-Pacific region to tap into emerging markets seeking effective mining solutions.
VBit Technologies generates revenue through a subscription-based model that provides clients access to its mining solutions on a recurring basis. This structure includes various service tiers to accommodate different business sizes, ensuring long-term partnerships with clients who benefit from consistent updates and support. The company's flagship products significantly contribute to its revenue stream, reflecting their value in the broader cryptocurrency mining market. Going forward, VBit Technologies Corp.
is focused on launching new mining hardware and software solutions designed to enhance performance and profitability for its clients. The company aims to expand into new geographic markets, specifically targeting Asia-Pacific by the end of 2023. The recent Seed funding of USD 1. 1 million will be utilized to support these initiatives, driving product development and market expansion efforts.
Current Investors
Golden Age
Primary Industry
Business Support Services
Sub Industries
Data Centers, e-Financial, Computer & Related Peripherals, Systems Management Software, Connectivity Software
Website
www.vbitmining.com
Verticals
Blockchain, FinTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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