Funding Received
$15.5 Million in 1 Round from 4 Investors
Most Recent Funding
$15.5 Million Series A on May 5, 2014
Headquarters:
San Francisco, CA
Description:
Coin enables users to store all their credit, debit, gift, loyalty, and membership cards in one place via a proprietary connected device.
Founders:
Kanishk Parashar
Categories:
Mobile, Hardware + Software
Website:
http://onlycoin.com

Company Details

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Founded:
2012
Contact:
Employees:
7 in CrunchBase

We are a consumer electronics company focused on creating things that that make life better. Our flagship product, Coin, is a connected device that allows you to carry fewer cards in your wallet with security and utility beyond what a plastic card can offer.

Coin is a Bluetooth Low Energy (BLE) connected device that contains all of your credit, debit, gift, loyalty and membership cards in one place and be used to pay everywhere cards are accepted.

Coin is a completely unique and secure device that fits seamlessly into your wallet or purse. Coin is powered by a 128-bit encryption for all storage and communication with its easy-to-use consumer app. To start, you receive your Coin card and a card-swipe dongle that connects to your smartphone or tablet and allows you to upload all your cards onto the mobile app, which then automatically stores them onto your personal Coin card. Once you have set up your Coin, you no longer need the accompanied app or your iOS or Android device to be near for Coin to function, unless you want to manage, add or delete existing cards.

Funding Rounds (1) - $15.5M

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Board Members and Advisors (3)

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Investors (4)

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  • 88d27d0de246751dbbad7b080654af22

    SoftTech VC

    SoftTech VC is one of the original micro VC firms, founded in 2004 and backing over 150...
  • 602ada448a00013ff42b2a55ac280e80

    Spark Capital

    Spark Capital is a bi-coastal boutique venture firm. They partner with bold entrepreneurs...
  • A642962dd38a02022dec618777f04443

    Spark

    Spark is a company that builds companies with defined and scalable revenue models.
  • 10802695b96076db2d1acf0fe6df4863

    Redpoint Ventures

    Redpoint Ventures has helped entrepreneurs build innovative businesses that defy convention,...

Offices/Locations (1)

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  • The Mint

    370A Townsend St.

    San Francisco, CA 94107

    USA

Competitors (1)

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  • Dpmlunbge0flwufezgdx

    Square

    Square is a merchant services aggregator and mobile payment company that aims to simplify...

Images (2)

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  • 4557b11467bbceaff657f3867a1ee469