Fold

About

Fold is a rewards app where users can earn bitcoin back on every purchase.

Atlanta,Georgia,United States
11 - 50
https://foldapp.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $2.50M
Industries: Apps,Bitcoin,Gift Card,Internet,Mobile Payments
Founded date: Feb 1, 2014
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Fold, Inc.

Fold is a bitcoin rewards app providing a gift card platform used to help spend bitcoin in the real world. Its platform allows users to purchase clothes and various other items using credit and debit cards and receive rewards in the form of bitcoins straight to their bitcoin wallets that enable customers to trade their retail store gift cards for bitcoins.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$16.30M

Fold has raised a total of $16.30M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 6, 2021	Series A	$13M	4	Craft Ventures	—	Detail
Jul 1, 2020	Series Unknown	—	1	—	—	Detail
Sep 25, 2019	Seed	$2.50M	9	CoinShares Craft Ventures Goldcrest Capital Slow Ventures	—	Detail
Nov 3, 2017	Convertable Note	$800K	—	—	—	Detail
Apr 1, 2015	Seed	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

12

Fold is funded by 12 investors. Craft Ventures and CoinShares are the most recent investors.

Investor Name	Lead Investor	Funding Round
Craft Ventures	Yes	Series A
CoinShares	Yes	Seed
Goldcrest Capital	Yes	Seed
Bessemer Venture Partners	—	Series A
M13	—	Series A
Slow Ventures	—	Series A
Bossanova Investimentos	—	Series Unknown
CoinFund	—	Seed
Fulgur Ventures	—	Seed
Jonathan Weiner	—	Seed