About CoinOut
CoinOut is a Retail company based in New York (United States) founded in 2014 by Andy Pliszka and Jeffrey Witten, and was acquired by IRI in May 2021. App-based platform offering cashback rewards. CoinOut has raised $2 million across 2 funding rounds from investors including IRI. Its chief executive, as recorded, is Jeffrey Witten. Its website coinout.com draws about 219 thousand monthly visits. Its focus areas include Coupons and Deals, Rewards & Cashback and Multi-Channel. Its competitors include RetailMeNot, Dosh and SheerID; 3 of its 3 listed competitors have raised funding.
Company details
CoinOut was founded in 2014 in New York, United States, as an app-based platform in the rewards and cashback sector. Cashback is provided to users upon uploading receipts from various purchases. Earnings are also generated through shopping facilitated by the platform. The mobile application is accessible on Android and iOS operating systems, serving users across these devices.
- Headquarters New York, United States
- Founders Andy Pliszka, Jeffrey Witten
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website coinout.com
- Social LinkedIn X Facebook
- Acquired by IRI (May 2021)
Apps and channels of CoinOut
CoinOut publishes 1 mobile app with over 1M+ downloads.
Funding Insights of CoinOut
CoinOut has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $799.99 thousand completed in April 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.
- Total Funding $2M
- Total Rounds 2
- Last Round Seed — $799,993
- First Round $1.2M
(Mar 2018)
All 2 funding rounds of CoinOut with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $799,993 | Seed | – | – | – |
| Mar 2018 | $1.2M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in CoinOut
CoinOut has secured backing from 1 investor. Prominent investors backing the company include IRI.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Market research and advertising services are provided by IRI. | 1979 | iriworldwide.com | Chicago, United States |
Investor details for CoinOut
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of CoinOut
2 people are tracked at CoinOut (2 in leadership).
| Name | Role | Group |
|---|---|---|
Andy Pliszka | Co-Founder & CTO | Leadership |
Jeffrey Witten | Founder & CEO | Leadership |
Complete people profiles for CoinOut
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CoinOut
4 dated milestones of CoinOut across 7 years, from founding to its latest funding, stage changes and deals.
- Founded CoinOut is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Seed, of $800K.
- Exit Acquired by IRI.
Competitors of CoinOut
CoinOut has 3 listed competitors in our database, 3 of them funded. They include RetailMeNot, Dosh and SheerID.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| retailmenot.com | 2009 | Austin, United States | $314.5M | 378 | Provider of app and browser extension offering digital coupons & deals | |
| dosh.com | 2016 | Austin, United States | $87.36M | 78 | Cashback is provided automatically through app on diverse purchases. | |
| sheerid.com | 2011 | Portland, United States | $96.13M | 139 | Customer eligibility for special offers is verified online instantly. |
Detailed competitors of CoinOut
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CoinOut
The website of CoinOut (coinout.com) receives about 219.1K visits a month.
- Monthly visits219.1K
▼ 6.5% vs previous month
Top companies in Deals, Rewards & Comparison Platforms
3 companies that operate in the same segment as CoinOut (Deals, Rewards & Comparison Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cashback is provided on multi-category product purchases via mobile app. | 2012 | Denver, Colorado, United States | USD 97.58 M | USD 342.39 M | 942 | |
Online platform for discovering and booking hotel accommodations at discounted prices | 2016 | San Francisco, California, United States | USD 226.3 M | |||
Cashback is provided on multi-category products through an app-based platform. | 1997 | San Francisco, California, United States | USD 15.96 B | 29,330 |
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Related news about Coinout
Complete news archive for CoinOut
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Frequently Asked Questions about CoinOut
CoinOut was founded in 2014 and raised its 1st funding round 4 years after it was founded.
CoinOut is headquartered in New York, United States. It is registered at New York, New York, United States.
Jeffrey Witten is the CEO of CoinOut, as recorded in our data. They have also founded this company.
CoinOut is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Mar 2018.
CoinOut was founded in 2014 in New York, United States, as an app-based platform in the rewards and cashback sector. Cashback is provided to users upon uploading receipts from various purchases. Earnings are also generated through shopping facilitated by the platform. The mobile application is accessible on Android and iOS operating systems, serving users across these devices.
CoinOut's top competitors include Dosh, SheerID and RetailMeNot.
CoinOut has 1 investor. Key investors include IRI.
Yes. CoinOut was acquired by IRI in May 2021.
Yes. CoinOut publishes CoinOut Receipts & Rewards App, with over 1 million downloads.
The website of CoinOut receives about 219 thousand visits a month.