Fold Overview
- Founded
-
2014

- Status
-
Private
- Employees
-
25

- 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
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 |
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% |
Fold Comparisons
Description
Primary
Industry
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
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 |
Fold Executive Team (6)
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 |
Fold Signals
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 |