Fundraising Fox

BitRiver

New York, US · Founded 2017 · Cayman Islands limited partnership

Founders & leadership

BitRiver was founded in 2017 by IGOR RUNETS.

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IGOR RUNETSinFounder · CEOIgor Runets spent eight years at RTSoft managing large-scale industrial projects before founding BitRiver, a cryptocurrency mining and data center operator with facilities in Russia and China.
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THOMAS NATHAN BAILEYManaging Director of General Partner of Partnership

Reported raises · per SEC filings

Form D private placements

$13.2M disclosed across 1 round · 2018

▶$13.2MraisedJul 2018 · 27 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • THOMAS NATHAN BAILEYDirector, Promoter
  • IGOR RUNETSDirector, Promoter
Offering amount
$13.2M
Amount sold
$13.2M
Minimum investment
$25K
First sale
Jan 2018
Incorporated
Limited Partnership, Cayman Islands, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

BitRiver Founder Faces Escalating Authorized Challenges as Fraud Investigation Expands - Crypto World Headlinecryptoworldheadline.com · Jul 2026BitRiver founder Igor Runets detained over alleged RUB 1B fraud tied to mining equipment dealscryptobriefing.com · Jul 2026Bitcoin Miner BitRiver Founder Jailed in $12.5M Fraud Case - COINOTAGen.coinotag.com · Jul 2026BitRiver Founder Detained in $10M Mining Fraud Case as Russian Sector Faces Trust Deficit | Blockchain Russia | CryptoRank.iocryptorank.io · Jul 2026U.S. Treasury Sanctions Russian Crypto Mining Operation Amid New Token Launchforbes.com · Apr 2022BitRiver Is Selling Tokens to Build More Bitcoin Mining Farms in Siberiafinance.yahoo.com · Apr 2021

Frequently asked questions

Who founded BitRiver?
BitRiver was founded by IGOR RUNETS in 2017.
How much funding has BitRiver raised?
BitRiver has disclosed $13.2M raised across 1 round.
Where is BitRiver headquartered?
BitRiver is headquartered in New York, US.