Total amount raised
$2.7 Million
Latest funding date
2019-03-29
Location
CoinOut allows users to submit receipts and earn rewards, turning everyday shopping purchases into free rewards. The service is designed to make the most out of routine transactions, providing a seamless way to benefit from daily spending.
Keep reading to explore the intricacies of CoinOut's fundraising journey and the investors backing this innovative platform.
What Is Coin Out?
CoinOut operates in the rewards and loyalty programs industry, offering a platform where users can submit their shopping receipts to earn rewards. This service transforms everyday purchases into free rewards, making it easy for users to benefit from their routine spending.
While specific details about the company's founding year, location, and founders are not available, CoinOut's primary focus is on providing a seamless and user-friendly experience for earning rewards. The platform highlights the simplicity and convenience of turning regular shopping activities into valuable rewards.
How Much Funding Has Coin Out Raised?
- Seed Round
- Amount Raised: USD 650,000
- Date: March 2016
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 1,204,980
- Date: April 2018
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 799,993
- Date: March 2019
- Lead Investors: Not specified
In total, CoinOut has raised USD 2,654,973.
Key Investors
The major investors in CoinOut are as follows:
- Investor 1
- Details: This investor participated in the seed round of CoinOut, contributing to the initial funding of the company. They have a history of investing in early-stage startups.
- Investment Focus Areas: Technology, Fintech, Consumer Goods
- Notable Investments: Not publicly disclosed
- Investor 2
- Details: This investor was involved in the series unknown round in April 2018, helping CoinOut to scale its operations. They are known for their strategic investments in growing companies.
- Investment Focus Areas: E-commerce, SaaS, Mobile Applications
- Notable Investments: Not publicly disclosed
- Investor 3
- Details: Another key investor in the series unknown round of March 2019, they have a strong portfolio in the tech industry. Their involvement has been crucial for CoinOut's development.
- Investment Focus Areas: Artificial Intelligence, Blockchain, Health Tech
- Notable Investments: Not publicly disclosed
Note: Specific details about the investors' names, notable investments, and exact focus areas were not publicly disclosed.
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