Bitsbox

5.0★★★★★(66 reviews)

3080 Valmont Rd #200, Boulder, CO 80301

Boulder, Colorado, United States

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Business facts

Estimated annual revenue~$4.5M
Estimated employees~16
Estimated wage bill~$1.3M
In business since2014
Estimate based on strong signals

Area statistics (80301)

Population24,593
Median household income$88,846
Source: US Census ACS

About

Founded in 2014 and based in Boulder, Colorado, Bitsbox is a startup that aims to teach kids to code in a fun and engaging way. The company delivers monthly app-building projects to kids, who then code their projects on the Bitsbox website. The apps created by kids work on any device with a web browser. With the belief that learning to code is similar to learning any other language, Bitsbox targets children as soon as they can read and write, making it easier for them to grasp coding concepts at an early age. In 2015, the first Bitsbox was shipped out to thousands of customers, marking a significant milestone for the company.

Wheelchair Accessible
Parking
Categories: Software Company.
ISIC Codes: 4741.

Market analysis

Earning above its category median in a growing category (Software Company).

EstimateCategory trend: 2021, +8.7%

Revenue trend (modeled)

~$3.4M2019
~$3.5M2020
~$3.7M2021
~$4.1M2022
~$4.3M2023
~$4.5M2024
Modeled from category averages for the region+6.1%/yr since 201980% confidence band: ±68%

Company profile

Employees (reported band)17
Facility size~2,000 sq ft
Observed

Property

Lot size0.97 acres
CountyBoulder
Parcel ownerTHIRTY80 LLC
Last sale$2.6M (5/22/2008)
On this lotshared with 23 other businesses
ObservedPublic assessor / cadastre record

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Software Company in Colorado2,937~$15.3B~$5.2M~$1.3M5.0★3.4×
Category revenue trend2021: +8.7%2020: -1.3%2019: -0.4%Modeled from business-level estimates
Chain pressure26 chains expanding in this category, led by Metro by T-Mobile, Walmart Connection Center, T-Mobile (+1,004 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)750~$1.2B~$1.6M~$460.6K3,696~$361.5M9.8×
Wholesale and retail trade; repair of motor vehicles and motorcycles124~$601.8M~$4.9M868

1 km area (all businesses): median from the 630 of 750 businesses with estimates

Estimate

Area conditions (80301)

Population24,593 ±1,079
Median household income$88,846 ±$9,173
Median home value$695,200
Bachelor's degree or higher0.7%
Unemployment rate0.1%
Source: US Census ACS
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