Pupot
Latest round
- Seed
Last raised
- Jun 2019
Total raised
- $2M
Investors
- 3
About Pupot
Founded in 2014 in Stockholm, Sweden, Pupot AB, through Bitrefill, provides a unique marketplace for cryptocurrency users. The company was co-founded by Michel Gustavsson, Patric Stiller, and Sergej Kotliar, with Sergej Kotliar currently serving as CEO.Bitrefill is a prominent provider in the cryptocurrency e-commerce space, offering a comprehensive suite of products and services that cater to the growing demand for digital transactions. The company's core offerings include digital gift cards, eSIMs, and phone refills, allowing users to purchase a wide range of products using Bitcoin and other cryptocurrencies. Customers can effectively utilize these services to shop from a selection of popular brands such as Amazon, Starbucks, and Netflix, addressing the need for increased accessibility to digital goods through crypto payments. Bitrefill's solutions are designed for consumers seeking to transact in cryptocurrencies while enjoying the benefits of immediate access to digital services.Bitrefill generates revenue primarily through transactions involving the sale of digital gift cards and eSIMs. Customers engage in transactions by selecting a desired product, specifying the cryptocurrency for payment, and completing the purchase, which typically results in the immediate delivery of digital goods via email. The business model is structured to facilitate direct-to-consumer transactions, enabling users to buy products with various cryptocurrencies, including Bitcoin and Ethereum. Pricing for gift cards often ranges widely, with specific values set for individual brands and services, thus accommodating diverse customer needs.000 mn for technology enhancements and market expansion. The company aims to launch new products that diversify its offerings in the cryptocurrency space and is exploring opportunities for entry into additional markets across Asia by mid-2024. This strategy is designed to enhance its platform and reach a broader audience of cryptocurrency users.
Who invested in Pupot
3 investors across 1 round
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Funding rounds
Seed
Jun 13, 2019
Amount
$2M
Investors
Questions about Pupot
Who invested in Pupot?
Pupot has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Pupot raised?
Pupot has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Pupot last raise money?
Pupot's most recent round on record is a Seed, in Jun 2019.
What does Pupot do?
Founded in 2014 in Stockholm, Sweden, Pupot AB, through Bitrefill, provides a unique marketplace for cryptocurrency users.
Where is Pupot headquartered?
Pupot is headquartered in Stockholm, Sweden.
Which VCs invest in companies like Pupot?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at Pupot's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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