I commended the team on the company blog today:
“With a sharp team, MobileCoin has quietly developed the holy grail of digital payments — cheap, fast, secure and totally private — all the while being optimized for the convenience of your phone. I have been looking for a practical digital cash solution for 27 years now, and we are proud to support the company in the development of mobile coinage for all.”

And TechCrunch got the scoop on our Series A investment earlier today:

“MobileCoin’s ambition appears to be focused around privacy-protecting payments made through near instantaneous transactions over one’s phone.

If MobileCoin becomes a de facto way to transact over Signal.. its reach could potentially be massive.”

Nice. 🙂

4 responses to “CONGRATS to MobileCoin on their $11M Series A”

  1. What was the SerA price per token? => was the SerA a preferred round in a C corp or another SimpleAgreementForTokens/ERC20 token sale?

  2. It was a regular VC equity investment in the company, not a SAFT or token sale.

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