Company Overview

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Founded:
June, 2012
Founders:
Brian Armstrong, Fred Ehrsam
Headquarters:
San Francisco, CA
Funding:
$31.7M
Categories:
E-Commerce
Description:
Coinbase is an open-source cryptographic protocol that makes it easy for people and businesses to use the cryptocurrency, Bitcoin.

Detailed Description

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Coinbase makes it easy for the average person and business to use the digital currency Bitcoin.

Coinbase lets any consumer to create a Bitcoin wallet and start buying/selling Bitcoin instantly by connecting their bank account.

In addition, Coinbase provides a series of merchant tools that support some of the most highly trafficked sites on the internet.

Coinbase processes the first $1,000,000 of merchant orders for free, with a simple 1% fee after that. Combined with no chargebacks by nature in Bitcoin, this provides significant savings to merchants who are paying 3% plus to credit card fees.

Current Team (6)

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Acquisitions (1)

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Investors (11)

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    Andreessen Horowitz

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    Union Square Ventures

    USV invests in large networks of engaged users, differentiated through user experience, and...
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    Ribbit Capital

    Ribbit will focus its investments on startups that are building financial services related to...
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    Red Swan

    Red Swan invests in customer-centric, culture-generating and disruptive entrepreneurs.
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    SV Angel

    SV Angel is the micro VC firm located in Silicon Valley and founded by angel investors, Ron...
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    Interplay Ventures

    Interplay Ventures incubates, partners and invests in diverse businesses.
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    FundersClub

    FundersClub is an online venture capital firm that enables accredited investors and elite...
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Offices/Locations (1)

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  • SoMa

    San Francisco, CA 94107

    USA

Competitors (1)

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Images (4)

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