Robocoin

cryptocurrency

STATUS: Closed
FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 01/05/2020

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About

Robocoin is a bitcoin wallet. It provides the Robocoin platform giving customers the ability to buy, sell, send and receive bitcoin online or in the physical world with cash. The platform is processing millions in bitcoin and cash purchases, sales, and remittances in 18 countries.

Focus

PRODUCTS & SERVICES

Romit, Cashier, Wallet

REVENUE MODEL

The company generates revenue from licensing fee.As part of the new offering, operators can pay $10,000 for a lifetime license that allows them to bypass fees for life. The $10,000 cost is an introductory price that will run through 30th April. Alternatively, operators can forego the added $10,000 cost and pay $20,000 for the BTC ATM and 1% of its fees going forward to the company.

EXISTING PARTNERSHIPS

BitcoinNW

CoinVault ATM

Traction

NUMBER OF TRANSACTIONS:

20 K

TRANSACTIONS VALUE:

$12 M

People

FOUNDERS

Jordan Kelley

John Russell

BOARD MEMBERS AND ADVISORS

David Kumaran

Frank Grant

Lowell Ness

Matthew Roszak

NUMBER OF EMPLOYEES

11-50

INVESTORS:

500 Startups

Momentum

FUNDED

YES

TOTAL FUNDING

$125 K

DATE OF LAST FUNDING

Dec 2015

SEED & PRIOR FUNDING

$125 K

SEED CLOSED ON

Dec 2015

LISTED

NO

BASICS

STATUS:

Closed

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

15 VISITORS | 25 VIEWS
LATEST FUNDING ROUND

$125 K

TOTAL EMPLOYEES
11-50

About

Robocoin is a bitcoin wallet. It provides the Robocoin platform giving customers the ability to buy, sell, send and receive bitcoin online or in the physical world with cash. The platform is processing millions in bitcoin and cash purchases, sales, and remittances in 18 countries.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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People+
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