# CoinLab

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

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.coinlab.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Apr 26, 2012)
- Investors on record: 1

## About

CoinLab is a cryptocurrency infrastructure provider that delivers solutions for secure trading and transaction management. The company supports both individual investors and institutional clients by facilitating cryptocurrency exchanges.CoinLab operates as a cryptocurrency exchange infrastructure provider, primarily headquartered in Seattle, US. The company, founded by Ronald Tran, has undergone strategic pivots to enhance its offerings. CoinLab raised USD 0.57 mn in VENTURE DEBT financing on April 3, 2013, which contributed to their growth. The latest funding round reflects the total amount raised of USD 0.50 mn, demonstrating the company's interest in expanding its operational capacity.CoinLab specializes in providing innovative cryptocurrency exchange infrastructure and services designed for individual and institutional clients. Their platform enables secure trading of various cryptocurrencies, catering to a diverse user base that includes retail investors and large financial institutions. The company's user-friendly interface streamlines the trading process, addressing issues related to transaction security and market volatility, with services marketed primarily in North America and select European markets.CoinLab generates revenue through transaction fees, subscription services, and partnerships with financial institutions. Clients engage with the platform by executing trades, leading to service fee allocations for CoinLab. The flagship exchange platform utilizes a tiered pricing model, benefiting higher volume traders with reduced fees. Additionally, subscription services offer enhanced features for users, contributing to revenue through monthly or annual fees, allowing CoinLab to meet a range of customer needs while fostering long-term relationships.CoinLab plans to leverage recent funding from the VENTURE DEBT round to support the development of new products geared towards enhancing their trading platform. While specific release dates for these products are not disclosed, the company aims to enter new markets, focusing on expansion in additional European regions by the end of 2014. The financing will assist in bolstering their infrastructure and scaling operations to accommodate an anticipated increase in user demand.

## Funding rounds

- Seed, Apr 26, 2012, $0.5M — Draper Fisher Jurvetson

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Seed