Fold Overview

  • Founded
  • 2014

Founded
  • Status
  • Private

  • Employees
  • 25

Employees
  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $26M

  • Investors
  • 28

Fold General Information

Description

Developer of a gift card platform designed to help spend bitcoin in the real world. The company's platform allows users to purchase clothes and various other items using credit and debit cards and receive rewards in the form of bitcoins straight to their bitcoin wallets, thereby enabling customers to trade their retail store gift cards for bitcoins.

Contact Information

Website
www.foldapp.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • 55 East 3rd Street
  • San Mateo, CA 94401
  • United States
+1 (866) 000-0000

Fold Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Fold Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series A) 11-Jun-2021 $26M 000.00 00000 Completed Generating Revenue
7. Later Stage VC 12-Aug-2020 00000 00.000 Completed Generating Revenue
6. Debt - PPP 15-Apr-2020 00000 00.000 Completed Generating Revenue
5. Seed Round 25-Sep-2019 00.00 00.000 Completed Generating Revenue
4. Seed Round 29-Apr-2019 00000 00.000 Completed Startup
3. Seed Round 20-Feb-2018 00.000 00.000 Completed Startup
2. Angel (individual) 27-Apr-2015 $35K $35K Completed Startup
1. Accelerator/Incubator 23-Feb-2015 Completed Startup
To view Fold’s complete valuation and funding history, request access »

Fold Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series A-9 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-8 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-7 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-6 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-5 000,000 00.000000 00 00.00 00.00 00 00.00 0.00
Series A-4 000,000 00.000000 00 00.00 00.00 00 00.00 00
Series A-3 000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A-2 190,114 $0.000100 6% $0.26 $0.26 1x $0.26 1.32%
Series A-1 3,057,857 $0.000100 6% $7.04 $7.04 1x $7.04 20.46%
To view Fold’s complete cap table history, request access »

Fold Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a gift card platform designed to help spend bitcoin in the real world. The company's platform allows users
Financial Software
San Mateo, CA
25 As of 2022
000.00
0000 0000-00-00
00000000000 000.00

000000

ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in
000000000 00000000
Alpharetta, GA
000 As of 0000
000.00
00000000000 000.00

000000

tation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehender
000000000 00000000
Copenhagen, Denmark
00 As of 0000
00.00
000 0000-00-00
000000&0 00.00
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Fold Competitors (29)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BitPay Venture Capital-Backed Alpharetta, GA 000 000.00 00000000000 000.00
0000000 Formerly VC-backed Copenhagen, Denmark 00 00.00 000000&0 00.00
00000 Venture Capital-Backed Durham, NC 00 000.00 00000000000 000.00
00000 Venture Capital-Backed London, United Kingdom 000 000.00 00000000000
000000 Corporation Wilmington, DE 000
You’re viewing 5 of 29 competitors. Get the full list »

Fold Executive Team (6)

Name Title Board Seat Contact Info
William Reeves Co-Founder, Chief Executive Officer, President, Chief Financial Officer & Board Member
Joshua Rosenblatt JD Chief Operating Officer & General Counsel
Corbin Pon Co-Founder
Matthew Luongo Co-Founder & Board Member
Sam Yilmaz Advisor
You’re viewing 5 of 6 executive team members. Get the full list »

Fold Board Members (3)

Name Representing Role Since
Dan Elitzer Self Board Member 000 0000
Matthew Luongo Self Co-Founder & Board Member 000 0000
William Reeves Fold Co-Founder, Chief Executive Officer, President, Chief Financial Officer & Board Member 000 0000
To view Fold’s complete board members history, request access »

Fold Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Fold Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bessemer Venture Partners Venture Capital Minority 000 0000 000000 0
Fenbushi Capital Venture Capital Minority 000 0000 000000 0
James Prestwich Angel (individual) Minority 000 0000 000000 0
Josh Cincinnati Angel (individual) Minority 000 0000 000000 0
Kain Warwick Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 28 investors. Get the full list »