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Purse

company

About

Purse provides real incentive to use Bitcoin to the largest selection at the lowest price points.

Details

Last Funding Type
Seed
Last Funding Money Raised
$1M
Industries
Bitcoin,Cryptocurrency,FinTech
Founded date
Apr 1, 2014
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
PurseIO, Inc.

The biggest challenge to Bitcoin commerce is the lack of consumer incentive to spend.

Purse generates this incentive in the form of 15% discounts on Amazon. Buyers can purchase bitcoins with a credit card as easily as checking out on Amazon, thus solving the last mile problem.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$1.30M
Purse has raised a total of $1.30M in funding over 2 rounds. Their latest funding was raised on Oct 26, 2016 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 26, 2016 Seed 1 Detail
Dec 7, 2015 Seed $1M 3 Digital Currency Group Detail
Aug 7, 2015 Seed 1 Detail
Nov 27, 2014 Seed $300K 8 Detail
Apr 25, 2014 Seed 2 Detail

Investors

Number of Lead Investors
Number of Investors
1
14
Purse is funded by 14 investors. Digital Currency Group and Digital Finance Group (DFG) are the most recent investors.
Investor Name Lead Investor Funding Round
Digital Currency Group Yes Seed
Digital Finance Group (DFG) Seed
Flight Ventures Seed
TA Ventures Seed
StreShi Seed
Bobby Lee Seed
Bobby Lee Lackey Seed
Charlie Lee Seed
FundersClub Seed
Roger Ver Seed

Employee Profiles

Number of Employee Profiles
9
Purse has 9 current employee profiles, including Board member Bobby Lee
Board member
Executive
Employee
Employee