# ApniCure

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apnicure

- Industry: Medical Devices & Equipment
- Headquarters: Redwood City, US
- Website: www.apnicure.com
- Total disclosed funding: $23M
- Latest round: Series C (Dec 31, 2010)
- Investors on record: 2

## About

ApniCure, Inc. is a cryptocurrency transaction platform providing users the means to purchase Bitcoin via PayPal and other methods while enhancing accessibility and security for a diverse clientele.ApniCure, Inc. specializes in cryptocurrency transactions, established in 2007 in Redwood City, US. The company has secured USD 15.80 mn in funding through 3 deals, with the latest round in March 2016. The CEO is George Tautz.ApniCure specializes in providing a comprehensive platform for the exchange and transaction of cryptocurrencies, primarily focusing on facilitating the purchase of Bitcoin using PayPal. The company offers various secondary methods that allow users to bypass the challenges associated with direct PayPal transactions, enhancing accessibility for individuals interested in Bitcoin investments. Their platform connects buyers and sellers through services like LocalBitcoins and Paxful, enabling users to conduct transactions in a secure and decentralized manner. ApniCure's target clientele includes both novice investors and seasoned traders who seek innovative and efficient ways to engage with cryptocurrencies. The company operates in multiple geographical markets, including North America and various European countries, offering its services to a diverse array of users in the growing digital currency space.ApniCure generates revenue through transaction fees associated with cryptocurrency exchanges conducted on its platform. The company utilizes a B2C model, primarily facilitating trades between individual users and crypto sellers, with a focus on services like Bitcoin purchases via PayPal. Transaction structures involve fees charged on each trade, which vary based on the method and platform employed. Specific pricing plans for services may include fixed percentages applied to transaction amounts, particularly for methods such as eToro and Xcoins, which incorporate additional processing fees. ApniCure's financial framework is designed to accommodate both casual investors and more extensive trading operations, ensuring a streamlined experience for users engaging in cryptocurrency transactions.In March 2016, ApniCure raised USD 15.81 million in financing from unspecified investors to support its growth initiatives. The company plans to enhance its platform with upcoming features aimed at improving the user experience and will target expansions into new markets, including additional countries in Europe by the end of 2024.

## Funding rounds

- Series C, Dec 31, 2010, $23M — Kleiner Perkins, US Venture Partners

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series C
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series C