About this raise
Linen App, with a valuation cap of $19.8 million, is distributing Rewards (SAFE) on Republic. The application allows retail investors to access alternatives to bonds and peer-to-peer loans. Linen App uses high-end technology to enable the use of blockchain by investors in the form of stablecoins and provides access to liquidity pools on the Ethereum blockchain. The company was founded in June 2018 by Vitaly Bahachuk and Alex Bazhanau, and is backed by Coinbase, Were Capital, HashKey Capital, and Polychain Capital. Linen App already has 3,500 people signed up on the waitlist. Republic participants receive $10 worth of equity (SAFE) and early access.
Investment Overview
Invested $27,472 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.