Bitwise
6821 Oaklands Corporate Court, Annapolis Junction, MD, 20701, United States
Overview
Bitwise operates a three‑pronged model: a coding bootcamp (Geekwise Academy), a software development and managed‑services business (Shift3 Technologies) and commercial real‑estate redevelopment that creates coworking, restaurants and cultural space. The firm generates the bulk of its revenue from partnering with organizations to design, build and deploy digital solutions, including Salesforce and DocuSign implementations, custom apps, websites and contract developer pools. Bitwise reports over 500 customers across 15 states, more than 500 employees across 10 locations (triple the headcount from three years prior) and Forbes estimated revenue of $40 million in 2020. The company says it has renovated over one million square feet of real estate, supported skilling for more than 10,000 people and helped create 15,000 jobs in one city. Recent strategic acquisitions include Esor Consulting Group, Techtonic, DocuSign partner Stria and the Array School. Leadership says the business is profitable and intends to expand into Chicago and ultimately scale the model into 40 cities nationwide.
- Total raised
- $80M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Feb 2023
Industries
- Artificial Intelligence (AI)
- Cloud Data Services
- Information Technology
Recent funding
Equity
Feb 2023
$80M