Coinmine

Los Angeles, United States · Founded 2018 · $4.5M raised

Headquarters
Los Angeles
Founded
2018
Business Model
B2C
Total Funding
$4.5M
Last Round
$2.5M SeedAug 2019
Rounds
2

About

Coinmine is the maker of the Coinmine One, an all-in-one home cryptocurrency mining device that lets users mine Ethereum, Ethereum Classic, Monero, and Zcash by powering on the unit, connecting it to WiFi, and selecting a coin through a companion mobile app. Founded by CEO Farbood Nivi and headquartered in Los Angeles, the company raised $2 million from backers including Coinbase's venture arm, Coinbase CTO Balaji Srinivasan, and Tinder's Brian Norgard, and runs a proprietary operating system called MineOS.

Summary

Coinmine is a Crypto & Web3 company based in Los Angeles, United States, founded in 2018. It has raised $4.5M in total across 2 rounds, most recently a $2.5M Seed round in Aug 2019. Investors include M13, Coinbase Ventures and Canaan Partners.

Funding History

SeedSeed RoundAug 2019
$2.5M

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Pre-Seed through Seed — per-round amounts, valuations, and who invested in each round.

Investors

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