Bonafide

500startups // 500startups Batch 9 starting 2014-02-01


Key notes: Bonafide enables reputation, trust and fraud prevention for Bitcoin.

Office address: 125 Tech Park Drive, Suite 2153, Rochester, New York, United States

Description: Bonafide builds trust by allowing users to promote their community reputation or even identity. While Bitcoin transactions are anonymous there are many cases where identity is known. An example would be a retail location that accepts Bitcoins. A customer could be presented with a bill for meal with a QRC to make a payment. Without Bonafide there is no way for the customer to confirm that the address ties to the restaurant.

View details on Crunchbase:

http://www.crunchbase.com/organization/bonafide

$ 950,000 over 3 funding rounds.

Angellist Page:

https://angel.co/bonafide-3


Funding Rounds

Date Name $ Invested Crunchbase link
2014-10-01 seed Detailed data
2015-02-02 seed $ 850,000 Detailed data
2014-01-30 seed $ 100,000 Detailed data

Investors

Round Date Round Name Investor Crunchbase Link
2015-02-02 seed Flight Ventures Investor Profile
2015-02-02 seed Quest Venture Partners Investor Profile
2014-10-01 seed Quest Venture Partners Investor Profile
2014-01-30 seed 500 Startups Investor Profile
2015-02-02 seed Blockchain Capital Investor Profile
2015-02-02 seed AngelList Investor Profile


Contact Jed if you have updated information for Bonafide

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 06-May-2014, 14:37

Last Crunchbase update: 27-Jun-2019, 05:38

Last modified: 04-Mar-2021, 05:39

Country: USA