Purse

About

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

San Francisco,California,United States
11 - 50
https://purse.io

Highlights

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