About OnlyCoin
OnlyCoin is a company based in San Francisco (United States) founded in 2012.. OnlyCoin has raised $17 million across 2 funding rounds from investors including Redpoint Ventures, Spark Venture Management and K9 Ventures. OnlyCoin operates in a competitive market with competitors including Curve, Kasheesh, Stratos Card, Select Innovations and CASHet, among others.
- Headquarter San Francisco, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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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 M (USD)
in 2 rounds
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Latest Funding Round
$15.5 M (USD), Series A
May 05, 2014
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Investors
Redpoint Ventures
& 4 more
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Employee Count
Employee Count
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Funding Insights of OnlyCoin
OnlyCoin has successfully raised a total of $17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.5 million completed in May 2014. 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 — $15.5M
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First Round
First Round
(01 Oct 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Series A - OnlyCoin | Valuation | Redpoint Ventures , Spark Ventures |
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| Oct, 2012 | Amount | Seed - OnlyCoin | Valuation | K9 Ventures |
| 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 OnlyCoin
OnlyCoin has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Redpoint Ventures, Spark Venture Management and K9 Ventures. 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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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage tech and life science investments are made in Europe.
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Founded Year | Domain | Location | |
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A technology-focused Pre-Seed fund in Palo Alto, California.
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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 OnlyCoin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - OnlyCoin
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Onlycoin Comparisons
Competitors of OnlyCoin
OnlyCoin 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 Curve, Kasheesh, Stratos Card, Select Innovations and CASHet, 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 |
Multi-account NFC payment cards are offered for consumer transactions.
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| domain | founded_year | HQ Location |
One-time virtual card allowing to combine funds from multiple cards
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| domain | founded_year | HQ Location |
Multiple payment methods are integrated into a Bluetooth smart card.
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| domain | founded_year | HQ Location |
Exclusive perks and events are accessed via membership card transformation.
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| domain | founded_year | HQ Location |
Secure digital payments and rebates for production accountants.
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| domain | founded_year | HQ Location |
A card that securely stores credit, debit, gift, loyalty, and access cards.
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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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Frequently Asked Questions about OnlyCoin
When was OnlyCoin founded?
OnlyCoin was founded in 2012.
Where is OnlyCoin located?
OnlyCoin is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is OnlyCoin a funded company?
OnlyCoin is a funded company, having raised a total of $17M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Oct 01, 2012.
What does OnlyCoin do?
Coin is a connected device that contains all credit, debit, gift, loyalty and membership cards in one place. Instead of carrying all those cards in the wallet user just need to carry the Coin. Coin works anywhere those cards are accepted. The bluetooth-connected Coin features a small integrated black and white e-ink display, a single mode button, a two-year battery, and a magnetic stripe. Its app is used as a means to load new cards (through an accompanying mag-stripe dongle) and manage the cards already stored in Coin. The device uses 128-bit encryption to secure all data stored and transferred, but it also uses Bluetooth as an additional layer of security. Was part of YCombinator. Sold its wearable payments assets to fitbit in May 2016.
Who are the top competitors of OnlyCoin?
OnlyCoin's top competitors include Curve, Kasheesh and Select Innovations.
Who are OnlyCoin's investors?
OnlyCoin has 5 investors. Key investors include Redpoint Ventures, Spark Venture Management, K9 Ventures, Y Combinator, and Uncork Capital.