Tech Company Financing Transactions
Coincover Funding Round
Foundation Capital participated in a $30 million capital raise for Coincover. The funding round was announced on 2/9/2023.
Transaction Overview
Company Name
Announced On
2/9/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Foundation Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate recruitment, product updates, and partnerships to safeguard the crypto ecosystem preventing, compensating, and protecting against crypto threats.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Capital Building Tyndall Street
Cardiff, CF10 4AZ
GB
Cardiff, CF10 4AZ
GB
Phone
Undisclosed
Website
Email Address
Overview
Cryptocurrency ownership is growing fast and becoming more mainstream, however to many it still feels like a risky investment. Coincover is changing this by creating the easiest way to protect and manage digital currency anywhere in the world. Coincover is the first and only service to guarantee digital funds will not be lost or stolen. By combining insurance with the latest security features, we significantly reduce risk and make digital currency investments simple, safe, and secure for retail and business customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Jancziewski
Co-Founder
Adam Smith
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We report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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