About CoolBitX
CoolBitX is a company based in Arcadia (United States) founded in 2014.. CoolBitX has raised $30.45 million across 4 funding rounds from investors including BITMAIN, SBI Group and Monex Group. CoolBitX operates in a competitive market with competitors including Ledger, Tangem, Coolwallet, Ballet and Shift Cryptosecurity, among others.
- Headquarter Arcadia, United States
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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
*********
- Legal Name Abaca Service S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.45 M (USD)
in 4 rounds
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Latest Funding Round
$16.75 M (USD), Series B
Feb 25, 2020
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Investors
BITMAIN
& 8 more
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Employee Count
Employee Count
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Funding Insights of CoolBitX
CoolBitX has successfully raised a total of $30.45M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $16.75 million completed in February 2020. 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 4
- Last Round Series B — $16.8M
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First Round
First Round
(19 Jan 2017)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Series B - CoolBitX | Valuation | SBI Group | |
| Mar, 2018 | Amount | Series A - CoolBitX | Valuation | SBI Group , Midana Capital | |
| Mar, 2017 | Amount | Seed - CoolBitX | Valuation | Kyber Capital |
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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 CoolBitX
CoolBitX has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include BITMAIN, SBI Group and Monex 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 CoolBitX
| 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 - CoolBitX
| 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 |
Coolbitx Comparisons
Competitors of CoolBitX
CoolBitX 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 Ledger, Tangem, Coolwallet, Ballet and Shift Cryptosecurity, 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 |
Ledger is recognized for providing secure cryptocurrency hardware wallets.
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| domain | founded_year | HQ Location |
NFC-enabled hardware wallets for secure cryptocurrency storage are provided.
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| domain | founded_year | HQ Location |
Hardware wallet for cryptocurrencies
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| domain | founded_year | HQ Location |
Hardware solutions for cryptocurrency wallets are provided.
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| domain | founded_year | HQ Location |
Bitcoin hardware wallet
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| domain | founded_year | HQ Location |
A Bitcoin Hardware Wallet
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Coolbitx
Frequently Asked Questions about CoolBitX
When was CoolBitX founded?
CoolBitX was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is CoolBitX located?
CoolBitX is headquartered in Arcadia, United States. It is registered at Arcadia, California, United States.
Is CoolBitX a funded company?
CoolBitX is a funded company, having raised a total of $30.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jan 19, 2017.
What does CoolBitX do?
Founded in 2014 and based in Arcadia, United States, operations in the blockchain sector are conducted. Hardware wallets known as CoolWallet are supplied, featuring Bluetooth connectivity for crypto payments and support for assets such as Bitcoin, Ripple, and Litecoin. Regulatory compliance tools are also offered through Sygna to facilitate data sharing among virtual asset service providers.
Who are the top competitors of CoolBitX?
CoolBitX's top competitors include Ledger, Coolwallet and Tangem.
Who are CoolBitX's investors?
CoolBitX has 9 investors. Key investors include BITMAIN, SBI Group, Monex Group, FundedHere, and OwlTing.
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