Coinify Overview
- Year Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
29
- Latest Deal Type
-
M&A
Coinify General Information
Description
Developer of a virtual currency platform intended to spread the use of digital currencies. The company's platform allows anyone to buy bitcoin as an investment or to purchase items and services from a rapidly growing list of stores worldwide, providing people with payouts in local currency for instant conversions.
Contact Information
Website
www.coinify.com(Operating Subsidiary)
Corporate Office
- Vesterbrogade 1 C 5
- 1620 København V
- Denmark
Corporate Office
- Vesterbrogade 1 C 5
- 1620 København V
- Denmark
Coinify Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 19-May-2023 | Completed | Generating Revenue | |||
| 4. Merger/Acquisition | 02-Aug-2021 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 05-Jan-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 03-Aug-2016 | $4.05M | $4.62M | Completed | Generating Revenue | |
| 1. Seed Round | 25-Sep-2014 | $573K | $573K | Completed | Generating Revenue |
Coinify Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Series B |
Coinify Comparisons
Industry
Financing
Details
Coinify Competitors (58)
One of Coinify’s 58 competitors is Wirex, a Venture Capital-Backed company based in Milan, Italy.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wirex | Venture Capital-Backed | Milan, Italy | ||||
| AZA Finance | Venture Capital-Backed | Luxembourg City, Luxembourg | ||||
| Ripple | Venture Capital-Backed | San Francisco, CA | ||||
| Luno | Formerly VC-backed | London, United Kingdom | ||||
| Bitwala | Venture Capital-Backed | Berlin, Germany |
Coinify Signals
Coinify Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Accelerace | Accelerator/Incubator | Minority | ||
| Fiftyfive Capital (Copenhagen) | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| PSV (Denmark) | Venture Capital | Minority |
Coinify Investments & Acquisitions (4)
Coinify’s most recent deal was a Merger/Acquisition with BetterCoins. The deal was made on 14-Dec-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| BetterCoins | 14-Dec-2018 | Merger/Acquisition | Brokerage | ||
| Coinzone | 12-Aug-2015 | Merger/Acquisition | Financial Software | ||
| Bitcoin-Internet Payment System (Payment Gateway Technology) | 11-May-2015 | Corporate Asset Purchase | Other Financial Services | ||
| Bitcoin Nordic | 25-Sep-2014 | Merger/Acquisition | Other Financial Services |
Coinify FAQs
-
When was Coinify founded?
Coinify was founded in 2014.
-
Where is Coinify headquartered?
Coinify is headquartered in København V, Denmark.
-
What is the size of Coinify?
Coinify has 29 total employees.
-
What industry is Coinify in?
Coinify’s primary industry is Financial Software.
-
Is Coinify a private or public company?
Coinify is a Private company.
-
What is Coinify’s current revenue?
The current revenue for Coinify is .
-
How much funding has Coinify raised over time?
Coinify has raised $10.9M.
-
Who are Coinify’s investors?
Accelerace, Fiftyfive Capital (Copenhagen), , , and PSV (Denmark) are 5 of 8 investors who have invested in Coinify.
-
Who are Coinify’s competitors?
Wirex, AZA Finance, Ripple, Luno, and Bitwala are some of the 58 competitors of Coinify.
-
When was Coinify acquired?
Coinify was acquired on 19-May-2023.
-
Who acquired Coinify?
Coinify was acquired by Marketcom Software.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process