About Coil
Coil is a company founded in 2018. It operates as a Subscription Services. Coil has raised $4 million across 1 funding round from investors including Xpring and Stefan Thomas. Coil offers products and services including Coil Membership.
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
- Legal Name Coil Technologies
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Aug 15, 2019
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Investors
Xpring
& 1 more
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Employee Count
Not available
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Products & Services of Coil
Coil offers a comprehensive portfolio of products and services, including Coil Membership.
Membership for accessing and supporting web monetized content.
People of Coil
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Leadership Team
2 people
Finance and Accounting
1 people
COO Team
1 people
CMO Team
1 people
Operations Team
1 people
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Funding Insights of Coil
Coil has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in August 2019. 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.
Investors in Coil
Coil has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Xpring and Stefan Thomas.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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A cross-chain network designed to facilitate transactions in the finance industry.
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Locked | Locked | Locked | |
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ST
Stefan Thomas |
Angel investor, tech entrepreneur, known for early Bitcoin involvement
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Locked | Locked | Locked |
Investor details for Coil
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Investments & Acquisitions by Coil
Investment portfolio details for Coil
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Financial Statements - Coil
Detailed financials for Coil
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Coil Comparisons
Peer comparison for Coil
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Competitors of Coil
Detailed competitors of Coil
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Latest news on Coil
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Frequently Asked Questions about Coil
Coil was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Coil is a funded company, having raised a total of $4M across 1 funding round to date.
Coil was established to support web monetization by providing a platform for creators and developers to earn through content. The company developed technology around Interledger, fostering an ecosystem for digital payments. Services included memberships for users to access monetized content. As of 2023, Coils products are being discontinued, with stewardship of Interledger passed to the Interledger Foundation.
Coil offers Coil Membership.
Coil has 2 investors. Key investors include Xpring, and Stefan Thomas.