Coinseed, with a valuation cap of $6 million, is raising funds on SeedInvest. The Coinseed platform allows customers to invest their spare change directly into cryptocurrencies, without much technical involvement. The invested crypto can be traded or used to earn crypto-backs on the online and offline purchases. Coinseed was founded by Del Davaasambuu and Sukhbat Lkhagvadorj and has raised $133,890 in pre-seed funding. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $500,000, and the proceeds will be used for general expenses, hiring, and marketing. The user base of Coinseed has already reached 22,000, and the total trade volume crossed $25 million in the first half of 2019. The company generated $279,000 of revenues in 2018 and is positioned well to grow in the future.