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News Analysis

Summary generated by AI
Read article
Home > Companies > Colu
Claimed by owner Last Update 17.7.2022 Suggest Edits Claim Profile
Claimed by owner
Colu logo

Colu

Civic Engagement Powered by Local In-app Currency

Non Visible
Colu
About
Lifecycle
News
Gallery
officesnapshots.comDec 14, 2020
Office Tour: Colu Offices - Tel Aviv
en.globes.co.ilNov 16, 2020
Colu shuts digital wallet, leaves Israeli market
www.themarker.comNov 15, 2020
הארנק הדיגיטלי קולו מפסיק את פעילותו בישראל
techcrunch.comJun 15, 2020
Rewarding civic pride and boosting the local economy? Akron, Ohio is trying out a startup for that
en.globes.co.ilJan 2, 2020
Colu changes business model
en.globes.co.ilAug 13, 2019
Colu abandons blockchain, offers to repurchase CLN tokens
www.calcalistech.comAug 12, 2019
Digital Wallet Startup Colu to Buy Back Crypto Coins It Issued During ICO
www.timesofisrael.comMay 16, 2019
Tel Aviv tries out bonus system for residents with digital wallet startup Colu
en.globes.co.ilJan 21, 2019
Israeli digital wallet co Colu raises $7m
www.calcalistech.comFeb 20, 2018
Digital Wallet Startup Colu Raises $20 million in ICO
www.globes.co.ilDec 13, 2017
Blockchain co Colu raises $14.5m from IDB
www.bbc.comSep 14, 2017
The Liverpool app that sidesteps the banks
www.the-blockchain.comFeb 2, 2017
Tel Aviv's Colu Launches Local Digital Currency for Liverpool - East London Next
bitcoinmagazine.comNov 16, 2016
Colu Announces Colored Coins and Lightning Network Integration
www.coindesk.comJun 23, 2016
Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies
www.coindesk.comJan 27, 2015
Spark Capital, Aleph Lead $2.5 Million Investment in Colored Coins Startup Colu

About

Colu is a smart city technology company focused on helping municipalities significantly increase civic engagement by rewarding residents for taking actions that promote strategic goals for the good of the community.

The companys platform is powered by a unique City Coin that can be spent only at local merchants. This allows cities to reward residents for a desired behavior while keeping marketing funds circulating locally.

Colu has over 250,000 users worldwide.

Founded

Business models

B2B, B2C, B2G

Employees

Product stage

Primary Sector

FinTech

Products

-

Geographic markets

United States

Funding

Total Funding

$33.6M

Last Funding

$7M

Funding Stage

B

Total Rounds

4

Investors

7

News

  (16)
officesnapshots.comDec 14, 2020
Office Tour: Colu Offices - Tel Aviv
en.globes.co.ilNov 16, 2020
Colu shuts digital wallet, leaves Israeli market
www.themarker.comNov 15, 2020
הארנק הדיגיטלי קולו מפסיק את פעילותו בישראל
techcrunch.comJun 15, 2020
Rewarding civic pride and boosting the local economy? Akron, Ohio is trying out a startup for that
en.globes.co.ilJan 2, 2020
Colu changes business model
en.globes.co.ilAug 13, 2019
Colu abandons blockchain, offers to repurchase CLN tokens
www.calcalistech.comAug 12, 2019
Digital Wallet Startup Colu to Buy Back Crypto Coins It Issued During ICO
www.timesofisrael.comMay 16, 2019
Tel Aviv tries out bonus system for residents with digital wallet startup Colu
en.globes.co.ilJan 21, 2019
Israeli digital wallet co Colu raises $7m
www.calcalistech.comFeb 20, 2018
Digital Wallet Startup Colu Raises $20 million in ICO
www.globes.co.ilDec 13, 2017
Blockchain co Colu raises $14.5m from IDB
www.bbc.comSep 14, 2017
The Liverpool app that sidesteps the banks
www.the-blockchain.comFeb 2, 2017
Tel Aviv's Colu Launches Local Digital Currency for Liverpool - East London Next
bitcoinmagazine.comNov 16, 2016
Colu Announces Colored Coins and Lightning Network Integration
www.coindesk.comJun 23, 2016
Colu Raises $9.6 Million to Promote Blockchain-Based Local Currencies
www.coindesk.comJan 27, 2015
Spark Capital, Aleph Lead $2.5 Million Investment in Colored Coins Startup Colu

The Team

(7)
AM
Amos Meiri
Co-founder & CEO
OCT
Ortal Cohen Tevel
Co-founder & CEO
Connect
DR
Danny Razinsky
CFO
Connect
RL
Rotem Lev
CTO
Connect
Eyal Alsheich
VP R&D
Connect
Elad Erdan
Global Business Development Manager
Connect
LU
Liron Uri
IL Sales and BD Manager
Connect

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Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

Private Equity Funding

Seed
$2.5M
Feb 2015
4 Investors
$2.5M
A Round
$9.6M
Jun 2016
4 Investors
$9.6M
B Round
$14.5M
Dec 2017
1 Investors
$14.5M
B Round
$7M
Jan 2019
1 Investors
$7M

Non-Equity Funding

ICO • CLN
$20M
Feb 2018
4 Investors
$20M

Locations

Israel

Yigal Alon Street 114, Tel Aviv-Yafo, Israel

Offices Abroad

Sector

Retail & Marketing
Social Commerce
Community, Crowdsourcing & Reviews
eCommerce & Sales
Sales Automation, Enablement & Intelligence
FinTech
Payment & Money Transfer
Digital Payments

Core Technology

Platforms & Interfaces
Mobile
Cryptography
Tokenization
Data Storage
CDN

Target Customer

Consumers
Recreational & Lifestyle
Professionals & Gig Economy
Influencers
Community Managers
Demographics & Family
Commerce & Retail
Consumer Goods
Food Retail & Consumption
Restaurants
Government & City
Municipalities

Tags

(17)

Locations

Israel

Yigal Alon Street 114, Tel Aviv-Yafo, Israel

Offices Abroad

Notes

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