Coinrule Raises $2.2M in Seed Funding

Coinrule

Coinrule, a London, UK-based fintech startup which provides individual and retail cryptocurrency investors an automated crypto trading platform for their assets, raised $2.2m in seed funding.

Backers included Fitbit founder James Park, Twitch founder Kevin Lin and a fund in which Naval Ravikant is an investor among others, including Matteo Franceschetti’s Superfund (Founder of Eight Sleeps), Zilliqa Capital (a blockchain crypto fund), YC Alums Fund, Urban Innovation Fund (a Silicon Valley fund), NZVC, Startup Leadership Program (SLP Angels), CV VC, Kube VC, NV Ventures, Christophe Lassuyt, Robin Bade, Justin Hamilton, Stelios Gerogiannakis and Dan Scarfe.

The company, which has also joined the YCombinator S21 cohort, intends to use the dunds to expand operations and its business reach.

Founded in 2018, by Gabriele Musella, Oleg Giberstein and Zdeněk Höfler, Coinrule enables cryptocurrency investors to create and test automated trading strategies for their assets to benefit from market opportunities but also to protect them against adverse events. In effect, it provides algorithmic trading without having to learn a single line of code and has already integrated the offering with global crypto exchanges including Coinbase, Binance, Kraken, Bitstamp among others. Users can access one of 4 plans: one is free, the others charge a tiered fee for Hobbyist, Trader and Pro plans.

Coinrule now has over 13,000 users trading assets worth £100m every month.

Ends

Note to Editors

For further information please contact the Coinrule press office: Bilal Mahmood on [email protected] or +44 (0) 20 3640 7759 and +44 (0) 771 400 7257.

About Coinrule

Coinrule enables retail investors with crypto assets to automate their investments across multiple platforms to protect your funds and catch the next great market opportunity – algorithmic trading without having to learn a single line of code.

Coinrule was founded by Gabriele, Oleg and Zdenek in 2018 to help more people take control of their cryptocurrency assets. In doing so, this will inspire normal people to learn more about investing and access trading tools that are currently only available to professional traders. To explore Coinrule, please visit: www.coinrule.com or follow on LinkedInFacebook or Twitter. Also, you can watch our videos on YouTube.

All best, Bilal.

Bilal Mahmood

Stockwood Strategy

Tel: +44 (0) 20 3640 7759

Mob: +44 (0) 771 400 7257

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