About FlyCoin
FlyCoin is a company based in Pomona (United States) founded in 2021.. FlyCoin has raised $33 million across 1 funding round from investors including Josh Jones, TenOneTen Ventures and 8VC. FlyCoin operates in a competitive market with competitors including Beldex, Saitama, U2U Network, TYB and Remint, among others.
- Headquarter Pomona, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$33 M (USD)
in 1 rounds
-
Latest Funding Round
$33 M (USD), Seed
Feb 08, 2022
-
Investors
TenOneTen Ventures
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of FlyCoin
FlyCoin has successfully raised a total of $33M through 1 strategic funding round. The most recent funding activity was a Seed round of $33 million completed in February 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 1
- Last Round Seed — $33.0M
-
First Round
First Round
(08 Feb 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - FlyCoin | Valuation | Josh Jones |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FlyCoin
FlyCoin has secured backing from 7 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Josh Jones, TenOneTen Ventures and 8VC. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in technology, life sciences, and related sectors.
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on seed-stage investment in multiple sectors
|
Founded Year | Domain | Location | |
|
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FlyCoin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - FlyCoin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flycoin Comparisons
Competitors of FlyCoin
FlyCoin 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 Beldex, Saitama, U2U Network, TYB and Remint, 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 |
Blockchain ecosystem with zero-knowledge proofs for DApps is provided.
|
|
| domain | founded_year | HQ Location |
Digital currency platforms for financial management and education are offered.
|
|
| domain | founded_year | HQ Location |
Decentralized data platform
|
|
| domain | founded_year | HQ Location |
A community rewards platform for brand engagement is operated.
|
|
| domain | founded_year | HQ Location |
A digital currency focused on the real estate market for users.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Flycoin
Frequently Asked Questions about FlyCoin
When was FlyCoin founded?
FlyCoin was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is FlyCoin located?
FlyCoin is headquartered in Pomona, United States. It is registered at Pomona, California, United States.
Who is the current CEO of FlyCoin?
Lenny Moon is the current CEO of FlyCoin.
Is FlyCoin a funded company?
FlyCoin is a funded company, having raised a total of $33M across 1 funding round to date. The company's 1st funding round was a Seed of $33M, raised on Feb 08, 2022.
What does FlyCoin do?
FlyCoin was founded in 2021 in Pomona, United States, as a cryptocurrency token on the Ethereum blockchain. It functions within the blockchain and fintech sector, serving as a global rewards program. Operations focus on addressing limitations in traditional loyalty systems, such as expiration dates and non-transferability, through permissionless exchanges and transfers. Services target travelers, facilitating entry into cryptocurrency without financial risk, while supporting point conversions to various assets.
Who are the top competitors of FlyCoin?
FlyCoin's top competitors include U2U Network, TYB and Beldex.
Who are FlyCoin's investors?
FlyCoin has 7 investors. Key investors include Josh Jones, TenOneTen Ventures, 8VC, Liquid 2 Ventures, and Gaingels.