About Coinme
Coinme is a company based in Seattle (United States) founded in 2014 by Neil Bergquist was acquired by Polygon in January 2026.. Coinme has raised $19.6 million across 9 funding rounds from investors including Polygon, MoneyGram and Digital Currency Group. Coinme offers products and services including Coinme App and Bitcoin ATMs. Coinme operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.
- Headquarter Seattle, United States
- Founders Neil Bergquist
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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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- Legal Name Coinme Inc.
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Products & Services of Coinme
Coinme offers a comprehensive portfolio of products and services, including Coinme App and Bitcoin ATMs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for instant buying and selling of crypto with cash or debit.
Network for converting cash to crypto at over 40,000 locations.
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Funding Insights of Coinme
Coinme has successfully raised a total of $19.6M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $772.8 thousand completed in September 2022. 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 9
- Last Round Series A — $772,801
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First Round
First Round
(24 Mar 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series A - Coinme | Valuation |
investors |
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| Jan, 2022 | Amount | Series A - Coinme | Valuation | MoneyGram |
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| Jun, 2021 | Amount | Series A - Coinme | Valuation | Digital Currency Group |
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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 Coinme
Coinme has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Polygon, MoneyGram and Digital Currency Group. 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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Blockchain-focused investment funds and venture capital are provided.
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Founded Year | Domain | Location | |
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Cross-border payments are enabled via wallet solutions for consumers.
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Founded Year | Domain | Location | |
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Sector-agnostic incubator focused on blockchain 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 Coinme
| 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 - Coinme
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Coinme Comparisons
Competitors of Coinme
Coinme 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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 |
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| domain | founded_year | HQ Location |
Developer of blockchain and web3 software platform
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Mobile app for storing and trading cryptocurrencies is utilized.
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| domain | founded_year | HQ Location |
App-based wallet and exchange platform for cross-border money transfers
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Digital wallet for Bitcoin assets
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| domain | founded_year | HQ Location |
Crypto trading, loans, interest accounts, and wallets are offered online.
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| domain | founded_year | HQ Location |
App-based trading and deposit solutions for cryptocurrency are provided.
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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 Coinme
Frequently Asked Questions about Coinme
When was Coinme founded?
Coinme was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Coinme located?
Coinme is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Coinme?
Neil Bergquist is the current CEO of Coinme. They have also founded this company.
Is Coinme a funded company?
Coinme is a funded company, having raised a total of $19.6M across 9 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Mar 24, 2017.
What does Coinme do?
Coinme was founded in 2014 in Seattle, United States, within the fintech sector focused on cryptocurrencies. A wallet platform is provided for users to store, manage, send, and receive digital assets. Cryptocurrency exchange services are also offered, alongside ATMs that enable buying and selling of cryptocurrencies across supported locations in the country. Operations emphasize secure handling of transactions in the evolving digital currency market.
What products or services does Coinme offer?
Coinme offers Coinme App and Bitcoin ATMs.
Who are Coinme's investors?
Coinme has 5 investors. Key investors include Polygon, MoneyGram, Digital Currency Group, Pantera Capital, and Xpring.
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