# Billfold

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.billfoldpos.com
- Total disclosed funding: $3M
- Latest round: Seed (Jul 19, 2024)
- Investors on record: 4

## About

Based in New York, US, and founded in 2016, Billfold LLC, also known as Billfold, is a developer and provider of POS (Point-Of-Sale) systems, and access control solutions for various market segments. The company was co-founded by Stas Chijik (CEO), Ben Roshia, and Albert Akbashev. In July 2024, Billfold LLC raised an undisclosed amount of seed funding co-led by new investors BambuVentures, and Inertia Ventures. Individual and unspecified investors also participated in the round. The firm’s products serve agencies, brands, events, festivals, music concerts, hospitality, hotels and bar, amusement, and live entertainment sectors.

The company mainly offers cashless and contactless Point-Of-Sale (POS) systems, that are designed to support RFID, QR CODE, NFC, cash and bank cards, etc, aimed to improve the user experience in cashless transactions. The firm also provides access control systems, that allow operators and the company’s partners to know their clients, thereby driving more sponsorship ROI and on-the-spot service upgrades.
Additionally, Billfold LLC also develops digital communication platforms that enable operators to interact with their guests and furthermore offers event data and real-time analytics through Billfold IQ. The company’s solutions can be easily integrated into the operators’ systems, providing them with a single portal for accessing all the event management data from ticketing, analytics, and marketing. The firm’s product suite comprises single and dual-screen POS, handheld POS, and mountable access controls, and its client portfolio includes The Brooklyn Mirage, Pier 17, Made Event, and Art With Me, among many others.

## Funding rounds

- Seed, Jul 19, 2024 — Inertia Ventures, BambuMeta
- Seed, Jan 12, 2022, $3M — FMS Capital, Elektron Ventures

## Investors

- FMS Capital — Seed
- Elektron Ventures (https://capitalatlas.ai/funds/elektron-ventures) — Seed
- Inertia Ventures (https://capitalatlas.ai/funds/inertia-ventures) — Seed
- BambuMeta — Seed