About Colu
Colu is a company based in Tel Aviv (Israel) founded in 2014 was acquired by QRyde in July 2024. Colu has raised $26.6 million across 3 funding rounds from investors including Digital Currency Group, IDB and Spark Capital. Colu operates in a competitive market with competitors including AZA Finance, Skrill, Metal Pay, Bitwage and Placemeter, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Government & Social SectorFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$26.6 M (USD)
in 3 rounds
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Latest Funding Round
$14.5 M (USD), Series B
Dec 18, 2017
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Investors
Digital Currency Group
& 6 more
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Employee Count
Not available
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Acquired by
QRyde
(Jul 26, 2024)
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People of Colu
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Sales and Marketing
2 people
Leadership Team
1 people
Finance and Accounting
1 people
Senior Team
1 people
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Funding Insights of Colu
Colu has successfully raised a total of $26.6M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.5 million completed in December 2017. 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 Colu
Colu has secured backing from 7 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Digital Currency Group, IDB and Spark Capital.
| Investor | Description | Founded Year | Domain | Location |
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Spark Capital is engaged in venture capital investments.
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Early-stage tech investments in Israel are focused on by Aleph.
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Investing in early-stage tech companies and ideas.
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Investor details for Colu
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Investments & Acquisitions by Colu
Investment portfolio details for Colu
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Financial Statements - Colu
Detailed financials for Colu
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Colu Comparisons
Peer comparison for Colu
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Competitors of Colu
Colu 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 AZA Finance, Skrill, Metal Pay, Bitwage and Placemeter, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Software for cross-border remittances and forex management is provided.
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Online payments and digital wallet services are facilitated internationally.
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Blockchain remittances are enabled with METAL reward currency.
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Cryptocurrency-based payroll and invoicing services are provided internationally.
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Provider of products and equipment for security and surveillance solutions
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Detailed competitors of Colu
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Latest news on Colu
Complete news archive for Colu
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Frequently Asked Questions about Colu
Colu was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Colu is headquartered in Tel Aviv, Israel.
Colu is a funded company, having raised a total of $26.6M across 3 funding rounds to date.
Colu was founded in 2014 in Tel Aviv, Israel, within the blockchain and fintech sectors. Access to colored coins and Bitcoin 2.0 infrastructure is provided through an application programming interface for developers. A metadata layer is added to Bitcoin transactions, allowing exchanges of real-world assets such as keys, tickets, titles, and deeds. Distributed applications are supported for community-based payment systems.
Colu's top competitors include Skrill, AZA Finance and Commonplace.
Colu has 7 investors. Key investors include Digital Currency Group, IDB, Spark Capital, Aleph, and Tom Glocer.