Airbitz

cryptocurrency

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 01/05/2020

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About

Airbitz is a consumer electronics company based out of 311 4th Ave, # 413, San Diego, Germany.

MEDICI Analysis

Airbitz is a mobile bitcoin wallet and developer platform. The API provides a toolset for developers to bring out the true potential of the bitcoin technology for the masses.

Focus

PRODUCTS & SERVICES

Bitcoin Wallet

REVENUE MODEL

Revenue is generated from mining fees,i.e 0.1 % of transcation volume

MAIN CLIENTS

Retail bitcoin customers

Traction

VALUATION / MARKET CAP:

$3 M in 2015

People

FOUNDERS

Damian Cutillo

William Swanson

Tim Horton

Scott Morgan

Paul Puey

BOARD MEMBERS AND ADVISORS

Lowell Ness

Arie Levy Cohen

Matt Staub

Nicoel Stark

Paul Puey

Scott Morgan

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Damian Cutillo

Paul Puey

Plug and Play Ventures

Rick Henri Chan

Tim Horton

William Swanson

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

TOTAL FUNDING

$450 K

SEED & PRIOR FUNDING

$450 K

SEED PRIOR FUNDING COMMENT

Plus undisclosed convertible debt

LISTED

NO

Innovation Programs

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