# CoinFlip Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coinflip-solutions

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.coinflip.network
- Total disclosed funding: $3M
- Latest round: Seed (Jun 14, 2018)
- Investors on record: 4

## About

CoinFlip Solutions is a company focused on delivering innovative solutions in the cryptocurrency sector, emphasizing secure digital transactions and enhanced user experiences for both individuals and businesses.Founded in 2015 by Mark Leonard in Palo Alto, US, CoinFlip Solutions specializes in cryptocurrency transaction facilitation. The company has completed 2 deals, with its most recent round being a Seed funding of USD 3.000 mn raised on June 14, 2018, from Heads or Tails Investments, alongside returning investors JetBlue Technology Ventures and Shoreline Venture Management.Coinflip.network is focused on providing solutions in the cryptocurrency sector, specifically facilitating transactions in digital currencies. The offerings aim to cater to individual consumers and businesses looking to incorporate cryptocurrency into their operations. Expected use cases include secure digital payments, streamlined online transactions, and improved user experiences for crypto users and everyday consumers, with outreach likely towards regions experiencing growth in digital economies such as North America, Europe, and parts of Asia.Coinflip.network's revenue model is projected to involve service fees related to cryptocurrency transactions, potentially utilizing a B2B and B2C approach. Clients may access the platform via subscription services or transaction-based fees, with costs correlating to transaction volume and frequency. Although specific pricing plans are not disclosed, flagship services may encompass transaction facilitation for cryptocurrency exchanges or wallet services, with revenue likely generated through partnerships with retailers or financial institutions.CoinFlip Solutions plans to leverage its recent Seed funding of USD 3.000 mn to further develop its offerings in the cryptocurrency sector. The company is focusing on launching new products that enhance transaction capabilities and user engagement, with specific details and release dates yet to be announced. Additionally, there are intentions to expand into new markets, particularly in regions witnessing a surge in digital currency adoption, although specific targets have not been disclosed.

## Funding rounds

- Seed, Jun 14, 2018, $3M — Shoreline Venture Management, SKY VC, Heads or Tails Investments
- Seed, May 1, 2016 — Shoreline Venture Management, Camp One Ventures

## Investors

- Shoreline Venture Management (https://capitalatlas.ai/funds/shoreline-venture-management) — Seed
- Camp One Ventures (https://capitalatlas.ai/funds/camp-one-ventures) — Seed
- SKY VC (https://capitalatlas.ai/funds/sky-vc) — Seed
- Heads or Tails Investments — Seed