CoinMama
About CoinMama
CoinMama is a company founded in 2013 was acquired by Wellfield Technologies in March 2022.. CoinMama has raised $2.4 million across 1 funding round from investors including iAngels and Wellfield Technologies. CoinMama operates in a competitive market with competitors including LibertyX, Azteco, Bitcoin Australia, Expresscoin and BuyaBitcoin, among others.
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.4 M (USD)
in 1 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Aug 01, 2018
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Investors
iAngels
& 1 more
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Employee Count
Employee Count
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Acquired by
Wellfield Technologies
(Mar 24, 2022)
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Funding Insights of CoinMama
CoinMama has successfully raised a total of $2.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.4 million completed in August 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 — $2.4M
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First Round
First Round
(01 Aug 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2018 | Amount | Seed - CoinMama | Valuation |
investors |
| 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 CoinMama
CoinMama has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include iAngels and Wellfield Technologies. 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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Investors are connected to tech startups through a fundraising platform.
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Founded Year | Domain | Location | |
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Blockchain development services are provided from Vancouver, Canada.
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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 CoinMama
| 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 - CoinMama
| 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 |
Coinmama Comparisons
Competitors of CoinMama
CoinMama 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 LibertyX, Azteco, Bitcoin Australia, Expresscoin and BuyaBitcoin, 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 |
Bitcoin ATMs at retail stores
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| domain | founded_year | HQ Location |
Bitcoin vouchers are sold through cash-based retailer networks.
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| domain | founded_year | HQ Location |
Cash-based Bitcoin buying and selling services are offered in Australia.
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| domain | founded_year | HQ Location |
Online Bitcoin reseller.
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| domain | founded_year | HQ Location |
Bitcoins are bought and sold for cash by Australians only.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Coinmama
Frequently Asked Questions about CoinMama
When was CoinMama founded?
CoinMama was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Is CoinMama a funded company?
CoinMama is a funded company, having raised a total of $2.4M across 1 funding round to date. The company's 1st funding round was a Seed of $2.4M, raised on Aug 01, 2018.
What does CoinMama do?
CoinMama was founded in 2013 as an online platform in the cryptocurrency sector. Bitcoin, Ethereum, and other digital assets are made available for purchase and sale. Payments are accepted through credit cards, debit cards, or bank transfers. A calculator tool is included for determining real-time exchange rates. Operations are conducted worldwide through the domain coinmama.com.
Who are the top competitors of CoinMama?
CoinMama's top competitors include LibertyX, Azteco and Bitcoin Australia.
Who are CoinMama's investors?
CoinMama has 2 investors. Key investors include iAngels, and Wellfield Technologies.
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