About Altcoin
Altcoin is a company based in San Diego (United States) founded in 2017 was acquired by BnkToTheFuture in June 2019.. Altcoin has raised $1 million across 1 funding round from investors including BnkToTheFuture. The company has 8 employees as of December 31, 2018. Altcoin operates in a competitive market with competitors including Gemini, FTX, Blockchain, PDAX and Bit2Me, among others.
- Headquarter San Diego, United States
- Employees 8 as on 31 Dec, 2018
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Altcoin Exchange, Inc.
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Annual Revenue
$446.980as on Dec 31, 2018
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Net Profit
$-308.65 K-488as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Sep 02, 2018
- Investors
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Employee Count
8
as on Dec 31, 2018
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Acquired by
BnkToTheFuture
(Jun 16, 2019)
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Funding Insights of Altcoin
Altcoin has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in September 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(02 Sep 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Seed - Altcoin | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Altcoin
Altcoin has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BnkToTheFuture. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Equity and rewards-based crowdfunding is provided for FinTech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altcoin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Altcoin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Altcoin Comparisons
Competitors of Altcoin
Altcoin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gemini, FTX, Blockchain, PDAX and Bit2Me, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering crypto exchange solutions
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| domain | founded_year | HQ Location |
Cryptocurrency trading is facilitated through an online platform.
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| domain | founded_year | HQ Location |
App-based platform for exchange and trading solutions for cryptocurrency
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| domain | founded_year | HQ Location |
Online exchange platform for cryptocurrencies
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| domain | founded_year | HQ Location |
Online platform for crypto exchange
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| domain | founded_year | HQ Location |
Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Altcoin
Frequently Asked Questions about Altcoin
When was Altcoin founded?
Altcoin was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Altcoin located?
Altcoin is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is Altcoin a funded company?
Altcoin is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Sep 02, 2018.
How many employees does Altcoin have?
As of Dec 31, 2018, the latest employee count at Altcoin is 8.
What is the annual revenue of Altcoin?
Annual revenue of Altcoin is $446.98 as on Dec 31, 2018.
What does Altcoin do?
Altcoin was founded in 2017 in San Diego, United States, as a decentralized cryptocurrency exchange. Operations focus on enabling users to buy, sell, and trade various cryptocurrencies. An integrated atomic swap wallet is provided for cross-blockchain transactions. Security is maintained through smart contracts. The platform serves the fintech sector, with services accessible via its domain altcoin.io.
Who are the top competitors of Altcoin?
Altcoin's top competitors include Blockchain, Gemini and FTX.
Who are Altcoin's investors?
Altcoin has 1 investor. Key investors include BnkToTheFuture.
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