Colu

Colu

  • FOUNDING YEAR: 2014
    LOCATION:
    Israel
    REGION:
    Tel Aviv District Tel Aviv District
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Provider of digital wallets and white labeled blockchain applications for enterprises. The company offers a product Colu, is a record keeping tool, IOT & payment app that enables people to exchange digital cash & assets in multiple currencies with each other. The platform provides a comprehensive solution for creating local currencies for financial transactions using blockchain technology. Users can load money linked to their local currency created in its own platform
MAIN CLIENTS:
Small Businesses
EXISTING PARTNERSHIPS:
Deloitte, Bitt, Revelator, Warranter, Mycelium

PEOPLE

MEDICI analysts will analyze Colu soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$26.6 Millions
DATE OF LAST FUNDING:
Dec 2017
SEED & PRIOR FUNDING:
$2.5 Millions
SEED CLOSED ON:
Jan 2015
FUNDING SERIES:
SERIES A
$9.6 Millions Closed: Jun 2016
SERIES B
$14.5 Millions Closed: Dec 2017
LISTED:
NO
COMMENT:
ICO: $20 M(Feb 2018) and Equity investment: $8.5 M(Feb 2018)

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