How much funding has Coinmine raised?

Coinmine has raised $4.5M in total funding, most recently a Seed round.

Who are Coinmine's investors?

Coinmine's investors include M13, Coinbase Ventures, Canaan Partners, Republic Capital, Social Leverage.

Where is Coinmine headquartered?

Coinmine is headquartered in Los Angeles, United States.

What industry is Coinmine in?

Coinmine operates in Crypto & Web3.

Coinmine

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

Crypto & Web3

Headquarters: Los Angeles
Founded: 2018
Business Model: B2C
Website: coinmine.com

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.

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