Bitcoin exchange, Coinsetter, reached the $775,000 mark raised via its mezzanine financing

Change: offered +0% / raised +52% / placed 52%

coinsetterCoinsetter disclosed having increased subscription by 52% on its $1.5 million mezzanine financing. An additional $265,000 worth of securities was placed by the company with six investors since the company last released data a little over a month ago. This brings to $775,000 the amount raised from the nineteen backers who subscribed to the offering. The subscription will close either once the offering is sold in full or next December, whichever one comes first. The company is backed by Tribeca Venture Partners a seed and early stage investor focusing on digital media, e-commerce, fintech, education, adtech, mobile apps, software and services.

The company developed and markets a Bitcoin trading platform with a focus on transparency and security. The trading platform aggregates prices from multiple exchanges in its order book and offers derivatives trading.

Jaron Lukasiewicz (President and CEO) leads the New York NY based company which was registered in 2013. Coinsetter kept its revenues undisclosed.
The executive team includes Marshall Swatt.
The board of directors includes Jonathan Holske.

Offering recap
Status: Intermediary close
Company: Coinsetter
Industry: Other Technology
Amount offered: $1.5 million
Amount placed: $775,000
First sale: 12-13-2013
Data as of: 03-27-2014


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s