About Coinshift
Coinshift is a company based in United States founded in 2021 by Tarun Gupta.. Coinshift has raised $17.5 million across 2 funding rounds from investors including Protocol Labs, HashKey Exchange and Gnosis. Coinshift offers products and services including csUSDL, Payments, Accounting, and Swaps. Coinshift operates in a competitive market with competitors including Bitwave, Gilded, Multis, Magna and consola.finance, among others.
- Headquarter Wyoming, United States
- Founders Tarun Gupta
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
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Social
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- Legal Name Coinshift Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.5 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Mar 29, 2022
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Investors
Protocol Labs
& 41 more
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Employee Count
Employee Count
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Products & Services of Coinshift
Coinshift offers a comprehensive portfolio of products and services, including csUSDL, Payments, Accounting, and Swaps. 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.
Stablecoin for earning maximum yield through onchain backing.
Tool for sending mass payouts and transactions efficiently.
Automates financial reporting and month-end closes securely.
Enables direct asset swaps using powerful decentralized exchanges.
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Funding Insights of Coinshift
Coinshift has successfully raised a total of $17.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in March 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 2
- Last Round Series A — $15.0M
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First Round
First Round
(30 Sep 2021)
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Coinshift | Valuation | Tiger Global Management | |
| Sep, 2021 | Amount | Seed - Coinshift | Valuation | LongHash , FinTech Collective |
| 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 Coinshift
Coinshift has secured backing from 42 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Protocol Labs, HashKey Exchange and Gnosis. 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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Volt Capital is engaged in crypto-native venture capital investments.
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Founded Year | Domain | Location | |
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Investments are managed by Quiet Capital in New York.
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Founded Year | Domain | Location | |
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Venture capital firm focused on growth-stage companies
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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 Coinshift
| 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 - Coinshift
| 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 |
Coinshift Comparisons
Competitors of Coinshift
Coinshift 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 Bitwave, Gilded, Multis, Magna and consola.finance, 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 |
Accounting solutions for crypocurrencies
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| domain | founded_year | HQ Location |
Accounting and payment solutions are provided for crypto businesses.
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| domain | founded_year | HQ Location |
Cryptocurrency treasury management software for businesses
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| domain | founded_year | HQ Location |
Digital asset management solutions are provided for blockchain entities.
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| domain | founded_year | HQ Location |
Automated crypto bookkeeping and reporting services are provided.
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| domain | founded_year | HQ Location |
On-chain treasury management solutions are offered for liquidity and yield.
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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 Coinshift
Frequently Asked Questions about Coinshift
When was Coinshift founded?
Coinshift was founded in 2021.
Where is Coinshift located?
Coinshift is headquartered in United States. It is registered at Wyoming, United States.
Who is the current CEO of Coinshift?
Tarun Gupta is the current CEO of Coinshift. They have also founded this company.
Is Coinshift a funded company?
Coinshift is a funded company, having raised a total of $17.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 30, 2021.
What does Coinshift do?
Coinshift was founded in 2021 and is based in Wyoming, United States. Treasury management solutions in the cryptocurrency sector are offered to DAOs and businesses. A dashboard is utilized for handling crypto payroll, mass payouts, and other financial operations. Multi-signature accounts are enabled for secure payroll management. Operations focus on streamlining digital asset transactions across decentralized and traditional business structures.
Who are the top competitors of Coinshift?
What products or services does Coinshift offer?
Coinshift offers csUSDL, Payments, Accounting, and Swaps.
Who are Coinshift's investors?
Coinshift has 42 investors. Key investors include Protocol Labs, HashKey Exchange, Gnosis, DeFi Alliance, and Shaan Puri.
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