The Bitcoin Company, an Austin, TX-based app designed to be an all-in-one solution for Bitcoin rewards, banking, and exchange services, raised $2.1M in Seed funding.
The round was led by Brad Mills, Greg Foss, Jay Gould, and American HODL, with participation from Seetee, Mimesis Capital, Fulgur Ventures, Lightning Ventures, Hivemind Ventures, Plan B Ventures, Revolution’s Rise of the Rest Seed Fund and Cavalry Asset Management.
The company intends to use the funds to expand operations and its business reach.
Led by Ben Price, CEO, The Bitcoin Company provides an app which lets users send, spend, save, and use money the way they want. Through partnerships with Visa, Figg, Checkout.com, the company is immediately expanding their rewards program internationally and aims to provide users with traditional checking and savings accounts, a Bitcoin rewards card, as well as access to Bitcoin exchange services built on top of their already available Bitcoin rewards program.