About Bitpulse
Bitpulse helps financial institutions measure and monitor risk in markets built on blockchains. Its platform combines verified market data, scenario testing and automatic alerts for lenders, prime brokers and asset managers. Teams use the tools to set collateral terms, track portfolios and manage exposure. They can also analyze liquidity and performance across trading pools.
Bitpulse is based in New York. Co-founders Or Sivan and Asaf Iram lead it. Sivan is chief executive officer, while Iram leads risk. Membrane embeds Bitpulse's developer interface, called Risk Suite API, in loan optimization workflows. Maple Finance uses daily portfolio summaries. Its monitoring app, Sentinel, supports positions that use borrowed funds on Bybit, Deribit and Hyperliquid. Bitpulse monitors at least $5 billion, with 99.9% uptime and 85% coverage of the onchain economy.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Nov 30, 2023 | Nov 13, 2026 | $831,000fully sold | 13 | $63,923 | OptionsRule 506(b) | Form D ↗ |
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Why Investors Backed Bitpulse
Institutions in blockchain-based markets face weak liquidity data and opaque methods from risk providers that may also manage assets. Bitpulse's case is that its independent role and reviewable calculations can give underwriters a more dependable basis for decisions. [1]
Origin and Team
Or Sivan and Asaf Iram co-founded Bitpulse. Sivan is a two-time founder. He held product leadership roles at Coinbase, YouTube and Google. He has over 15 years building software for technical business users. Iram previously headed risk at Anchorage Digital. He has more than a decade of experience in derivatives trading and institutional risk management. [2]
Edson Cilos Vargas Júnior, PhD, heads research. He has taught mathematics at Universidade Federal de Santa Catarina since 2019. His courses include machine learning, numerical analysis and financial mathematics. He also specializes in quantitative trading using options and volatility strategies. [2]
Advisors include Anchorage Digital chief executive Nathan McCauley, who is also an investor. Emmett Cunningham formerly held engineering leadership at YouTube. Ran Magen was a senior staff engineer at Coinbase. [2]
Product and Technology
Bitpulse reconciles data at the block level across blockchains, protocols and trading pools. Its Monte Carlo models run many scenarios to estimate probabilities and suggest settings for a user's risk limits. Monitoring uses threshold triggers, daily summaries and position alerts through Telegram and email. [1]
Its credit-risk assistant, Neo, reviews decentralized-finance lending portfolios. It answers plain-language questions from monitored data, cites its answers and offers stress tests based on an eight-part method. Its treasury-risk service, Ozone, scores Morpho, Aave and Maple vaults. It offers configurable alerts and direct access through an application programming interface. [3]
The developer interface covers loan risk, potential-loss measures called VaR and CVaR, and isolated perpetual positions. Bitpulse also offers a BigQuery data catalog for liquidity, stability and volume across major decentralized-finance protocols. Its liquidity tables cover 100 major trading pairs and can reconstruct slippage, the price change caused by a trade. [3][1]
Market
Bitpulse argues that decentralized-finance losses above $2.5 billion in 2025 show why risk underwriters need better tools. In its view, neutral methods and real-time blockchain data can reduce bias and replace assumptions with verifiable information. [1]
We wrote this summary from public statements by Bitpulse and its investors. It is not investment advice.
Leadership Team
Executive officers and directors listed on Bitpulse's Form D filed Nov 13, 2026.
Sources
- CompanyBitpulse home and platform overview · linked above ↑
- CompanyBitpulse team and investors
- CompanyBitpulse product documentation
- SECBitpulse Form D, filed 2026-11-13 · linked above ↑
- SECBitpulse Inc. filing history