BitPay was founded by Stephen Pair in 2011.

Who are BitPay's investors?

BitPay's investors include Altai Ventures, Aquiline Technology Growth, Delta-v Capital, Digital Currency Group, G Squared, Gaingels, Gray Ventures, Index Ventures and 9 more.

BitPay

Founded 2011 · 144 employees on LinkedIn · 18 known investors

Find your way into BitPay

Paths you didn't know you had: your email and LinkedIn already hold routes to the BitPay team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

BitPay provides enterprise-grade tools for cryptocurrency acceptance and spending, enabling businesses and individuals to send, receive, and store digital currencies. The platform serves as a payment technology provider built on blockchain for global financial transactions.

Consumer Crypto & Web3 Fintech

Founders & leadership

BitPay was founded in 2011 by Stephen Pair.

Stephen Pair Founder · CEOStephen Pair has spent more than two decades developing software for financial and telecommunications companies, with early expertise in programming languages, compilers, and systems architecture. His interest in cryptography, financial markets, and electronic money systems led him to co-found BitPay with Tony Gallippi.

Tony GallippiFounder

Investors · 18

Altai Ventureslisted by Altai VenturesWestport

Aquiline Technology Growthlisted by Aquiline Technology GrowthNew York

How we know: Aquiline Technology Growth's portfolio page · Not right? Tell us

Delta-v Capitallisted by Delta-v CapitalDenver · $2M – $10M

Digital Currency Grouplisted by Digital Currency GroupNew York

How we know: Digital Currency Group's portfolio page · the VCSheet dataset · Not right? Tell us

G Squaredlisted by G SquaredChicago

How we know: G Squared's portfolio page · Not right? Tell us

Gaingelslisted by GaingelsNew York · $200K – $500K

How we know: gaingels.com · Not right? Tell us

Gray Ventureslisted by Gray VenturesAtlanta

How we know: Gray Ventures's portfolio page · Not right? Tell us

Index Ventureslisted by Index VenturesSan Francisco · $540K – $10.8M

How we know: Index Ventures's portfolio page · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us

K2 Globallisted by K2 GlobalSingapore

How we know: K2 Global's portfolio page · Not right? Tell us

Menlo Ventureslisted by Menlo VenturesSan Francisco · $1M – $20M

How we know: Menlo Ventures's portfolio page · funding news · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Off the Chain Capitallisted by Off the Chain CapitalSan Francisco

How we know: Off the Chain Capital's portfolio page · Not right? Tell us

RRE Ventureslisted by RRE VenturesNew York · $5M – $15M

How we know: RRE Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

Tachi.ai Ventureslisted by Tachi.ai VenturesTokyo

How we know: Tachi.ai Ventures's portfolio page · Not right? Tell us

2020 Venturesreportedvia David Williams · inferred

How we know: funding news · Not right? Tell us

Founders FundreportedSan Francisco · $500K – $5M

How we know: funding news · techcrunch.com · Not right? Tell us

Horizons VenturesreportedHong Kong · $500K – $10M

How we know: techcrunch.com · Not right? Tell us

TTV CapitalreportedAtlanta · $250K – $7M

How we know: the VCSheet dataset · Not right? Tell us

Also in the syndicate · 1

Heisenberg Capital

Funding

SEC filings, press & company announcements

Undisclosed amountseed roundMay 2013
Founders Fund (lead), Heisenberg Capital
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through BitPay went on to found or lead other companies.

Nachiket KumarUX DesignerFounded Mudstack Sonny SinghChief Commercial OfficerFounded Beluga

Related companies · 9

CoinbaseCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.

CryptoCrypto.com operates a cryptocurrency exchange and digital asset platform serving 150 million users across 90 countries, with a mission to accelerate global adoption of cryptocurrency.

MoonPayMoonPay provides infrastructure for buying, selling, and trading cryptocurrencies using standard payment methods such as cards and digital wallets, as well as tools for stablecoin management. The platform serves both individual users and companies seeking to integrate blockchain-based financial services.

KrakenKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.

LedgerLedger provides hardware and software cryptocurrency wallet solutions that enable users to buy, swap, earn, and manage digital assets with security features and portfolio tracking capabilities across multiple blockchain networks.

BitgetBitget is a cryptocurrency exchange offering spot trading, futures trading, and copy trading services for users worldwide. The platform provides a secure investment solution for crypto trading with regulatory compliance across multiple jurisdictions.

CoingeckoCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.

MetaMaskMetaMask is a self-custody crypto wallet that lets users trade, swap, and use tokens, including features like leveraged trading, tokenized stocks and ETFs, spending crypto for purchases via a card, and earning yield. It also provides developer tools for integrating with MetaMask and building on-chain (walletless) decentralized apps.

KuCoinKuCoin is a global cryptocurrency trading platform trusted by over 45 million users that provides spot trading, leverage, options, derivatives, DeFi, lending, and mining services across more than 200 countries. The platform offers access to 1,000+ coins and includes features like copy trading, Web3 wallets, and institutional services, with a focus on security through multi-layered systems and compliance certifications.

Companies working in the same space as BitPay.

In the news

BitPay Is Raising $30M At A $160M Valuation From Index, Richard Bransontechcrunch.com · May 2014

Asia’s Richest Man Invests In BitPaytechcrunch.com · Dec 2013

With PayPal-Like Ambitions For Bitcoin, BitPay Raises $2M Led By Founders Fund | TechCrunchtechcrunch.com · May 2013

BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on boardtechcrunch.com · Jan 2013

Frequently asked questions

What does BitPay do?: BitPay provides enterprise-grade tools for cryptocurrency acceptance and spending, enabling businesses and individuals to send, receive, and store digital currencies. The platform serves as a payment technology provider built on blockchain for global financial transactions.
Who founded BitPay?: BitPay was founded by Stephen Pair in 2011.
Who are BitPay's investors?: BitPay's investors include Altai Ventures, Aquiline Technology Growth, Delta-v Capital, Digital Currency Group, G Squared, Gaingels, Gray Ventures, Index Ventures and 9 more.