About TryCoil
TryCoil is a company based in San Francisco (United States) founded in 2022 by Ryan Hall and Eleazar Vega Gonzalez.. TryCoil has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 13 employees as of December 31, 2021. TryCoil operates in a competitive market with competitors including Bolt, Skipify, RocketFuel Blockchain, Single-Click Checkout and Perfect Checkout, among others.
- Headquarter San Francisco, United States
- Employees 13 as on 31 Dec, 2021
- Founders Ryan Hall, Eleazar Vega Gonzalez
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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
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- Legal Name Coil, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
13
as on Dec 31, 2021
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Funding Insights of TryCoil
TryCoil has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2023. 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 — $125,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - TryCoil | Valuation |
investors |
| 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 TryCoil
TryCoil has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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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Early-stage startups are accelerated via funding and educational programs.
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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 TryCoil
| 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 - TryCoil
| 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 |
Trycoil Comparisons
Competitors of TryCoil
TryCoil 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 Bolt, Skipify, RocketFuel Blockchain, Single-Click Checkout and Perfect Checkout, 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 |
Single-click checkout solutions are offered for e-commerce platforms.
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| domain | founded_year | HQ Location |
Checkout and autofill solutions are provided for online businesses.
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| domain | founded_year | HQ Location |
Blockchain technology is used for one-click e-commerce check-out solutions.
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| domain | founded_year | HQ Location |
Serves as a single-click digital payment platform for seamless transactions.
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| domain | founded_year | HQ Location |
Provides secure checkout solutions for ecommerce payment processing.
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| domain | founded_year | HQ Location |
A one-click platform for easy credit card bill payments for consumers.
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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 TryCoil
When was TryCoil founded?
TryCoil was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is TryCoil located?
TryCoil is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of TryCoil?
Eleazar Vega Gonzalez is the current CEO of TryCoil. They have also founded this company.
Is TryCoil a funded company?
TryCoil is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2023.
How many employees does TryCoil have?
As of Dec 31, 2021, the latest employee count at TryCoil is 13.
What does TryCoil do?
Coil was founded in 2022 in San Francisco, United States, within the fintech sector. Direct bank payment acceptance solutions are offered to businesses, enabling seamless transactions that bypass credit card fees. Recurring payments, one-off collections, subscriptions, utilities, and invoice settlements are supported through APIs and QR codes. Operations focus on integrating these services for efficient payment processing across various business needs.
Who are the top competitors of TryCoil?
TryCoil's top competitors include Bolt, Skipify and RocketFuel Blockchain.
Who are TryCoil's investors?
TryCoil has 1 investor. Key investors include Y Combinator.