Here are 17 of the coolest startups created by ex-Coinbase employees

  • Coinbase is where the brightest minds in cryptocurrency go to work and learn from each other.
  • It’s unsurprising that a number of former employees went on to start their own cool companies.
  • The 25 Coinbase expats listed here together have raised over $100 million in venture capital.
  • See more stories on Insider’s business page.

Dharma

Company: Dharma

Total funding: $15.12 million

Valuation: $35 million as of 2018, according to PitchBook

Investors: Chapter One Ventures, Coinbase Ventures, Draft Ventures, FinTech Collective, Garry Tan (Initialized Capital), Polychain Capital, Y Combinator, and others

Why it’s cool: Dharma wants to be the “Robinhood of decentralized finance,” shortened as “DeFi.” It’s an app that links to your bank account so you can buy and trade digital assets.

Founders: Nadav Hollander, former software engineering intern at Coinbase, and Brendan Forster

district0x

Company: district0x

Total funding: $9 million

Valuation: undisclosed

Investors: Boost VC, Carnaby Capital, Coinfund, and YBB Foundation

Why it’s cool: An online marketplace is typically a website that matches buyers and sellers, while district0x (pronounced “district-zero-X”) brings marketplaces to the blockchain. The marketplaces allow users to post and search for listings, send invoices, and collect payments.

Founders: Joseph Urgo, former support operations manager at Coinbase, and Matus Lestan

dYdX

Company: dYdX

Total funding: $21.96 million

Valuation: $90 million, according to PitchBook

Investors: Andreessen Horowitz, Brian Armstrong, Bain Capital Ventures, Fred Ehrsam, Avichal Garg,  Elad Gil, Kindred Ventures, Polychain Capital, Scalar Capital, and others

Why it’s cool: dYdX is an exchange for buying and selling cryptocurrencies that promises low fees and fast withdrawals. The company says more than 15,000 traders use dYdX for trading.

Founder: Antonio Juliano, former software engineer at Coinbase

Eureka Surveys

Company: Eureka Surveys

Total funding: Bootstrapped

Valuation: $50 million – $100 million 

Investors: None

Why it’s cool: On Eureka Surveys, a consumer company can create a survey using a form and share it with a panel of more than 1 million people, who get paid for completing surveys.

The startup says it’s profitable and is growing revenue around 20% month over month.

Founders: Tommy Fang, former software engineer at Coinbase, and Kirby Gee

Goldfinch

Company: Goldfinch

Total funding: undisclosed

Valuation: undisclosed

Investors: Coinbase Ventures, IDEO CoLab Ventures, Kindred Ventures, Slow Ventures, Stratos Technologies, Variant

Why it’s cool: Goldfinch makes tools for anyone to be a lender of cryptocurrencies. The company’s mission is to remove barriers to access capital for businesses in markets that are underserved by traditional finance, such as Mexico, Nigeria, and Southeast Asia.

Founders: Michael Sall, former head of product analytics at Coinbase, and Blake West, former senior backend engineer at Coinbase

Islands

Company: Islands

Total funding: undisclosed

Valuation: undisclosed

Investors: undisclosed

Why it’s cool: There isn’t a clear path for social media users to make a living by creating content. Islands helps those aspiring influencers, from TikTok star JustMaiko to rapper 24kGoldn, by giving them the toolkit to monetize their content and grow their audiences.

This is the second company from the founders. Before Islands, they built a marketing and data analytics company called Zebra IQ that’s focused on insights around Generation Z.

Founders: Nikhil Srinivasan, former product manager at Coinbase, and Tiffany Zhong

 

Linear

Company: Linear

Total funding: $17.2 million

Valuation: undisclosed

Investors: Bobby Goodlatte, Dick Costolo, Dylan Field, Emilie Choi, Gustaf Alströmer, Harry Stebbings, Index Ventures, Julia DeWahl, Patrick Collison, Sequoia Capital, and others

Why it’s cool: Linear’s app helps software developers organize their workflow. It provides smart and elegant tools for managing projects, tasks, and bugs, freeing up developers to “focus on the act of building instead of th ebust work around it,” Linear chief Karri Saarinen says.

Founders: Karri Saarinen, former head of design at Coinbase; Jori Lallo, former software engineer at Coinbase; and Tuomas Artman

Metawork

Company: Metawork

Total funding: $6 million

Valuation: $22 million

Investors: Coinbase Ventures, CRV, Pear, and others

Why it’s cool: Metawork is still operating in stealth mode, so we don’t know a ton about it, other than the fact that all four members of the founding team are Coinbase expats.

Cofounder Maggie Henry says the company is building a software engineering application that changes how companies write and manage their code, increasing visibility into their workflow.

Founders: Nick DeMonner, former director of engineering at Coinbase Pro; Maggie Henry, former product manager at Coinbase; David Renie, interim head of engineering at Coinbase; and David Marcin, former principal engineer at Coinbase

OfficeTogether

Company: OfficeTogether

Total funding: $2.2 million, according to PitchBook

Valuation: undisclosed

Investors: Defy Partners, January Ventures, Maschmeyer Group Ventures, Neo Innovation, and Amy Sun

Why it’s cool: Started a few months into the pandemic, OfficeTogether provides software for businesses to manage the return of employees to the office when it’s safe. It has tools for reserving desks, sharing work schedules, and scheduling health checks for a hybrid workforce.

Founder: Amy Yin, former senior software engineer at Coinbase

Paymobil

Company: Paymobil

Total funding: undisclosed

Valuation: undisclosed

Investor: Y Combinator

Why it’s cool: Paymobil makes sending stablecoins, a type of digital asset, as easy as sending money on Venmo. Transfers to people anywhere in the world takes seconds, not days.

Founder: Daniel Nordh, former design manager at Coinbase

Primer

Company: Primer

Total funding: $3.7 million, according to PitchBook

Valuation: undisclosed

Investors: Balaji Srinivasan, Emilie Choi, Eugene Wei, Founders Fund, Fred Ehrsam, Harry Stebbings, Jack Altman, Lachy Groom, Naval Ravikant, Scalar Capital, and more

Why it’s cool: Primer offers tools to make homeschooling more engaging. Kids can join interest-based groups filled with peers their own age and learn from real-life experts.

Founders: Maksim Stepanenko, former senior software engineer at Coinbase, and Ryan Delk

Sardine

Company: Sardine

Total funding: undisclosed

Valuation: undisclosed

Investors: undisclosed

Why it’s cool: Sardine is a “fraud-as-a-service” software company helping online businesses detect and stop financial crimes such as identity fraud, payment fraud, and account takeovers.

Founders: Soups Ranjan, former director of data science and risk at Coinbase; Aditya Goel, and Zahid Shaikh

 

Shuffle

Company: Shuffle

Total funding: $2 million

Valuation: undisclosed

Investors: First Round Capital, Naval Ravikant, and others

Why it’s cool: Shuffle, an app for listening to podcasts, has been described by early users as “SoundCloud on steroids” for its ability to comment and react with memes, emoji, and stickers.

Founders: Ada Yeo, former product manager at Coinbase, and Gilbert King Fai Leung

Slingshot

Company: Slingshot

Total funding: $3.1 million

Valuation: undisclosed

Investors: Coinbase Ventures, Digital Currency Group, Electric Capital, Framework Ventures, IDEO CoLab Ventures, Winklevoss Capital, Robot Ventures, and others

Why it’s cool: Slingshot is a web app for helping users find the best price for any token trade on Ethereum. Its mission is to “empower people with open access to a better finance.”

The startups says it’s seen more than $100 million in trading volume since its debut in 2018.

Founder: Clinton Bembry, former software engineer at Coinbase, Zak Cole, and Scott Lewis

Sturish

Company: Sturish

Total funding: $3.2 million

Valuation: $18 million

Investors: Act One Ventures, Fika Ventures, and Neo

Why it’s cool: It’s never been harder starting a small business, even as the e-commerce category gets a lift from pandemic tailwinds in online shopping. Sturish was created to lower the learning curve for e-commerce entrepreneurs by giving them access to data and insights that will help them start their business and grow sales across channels and countries.

Founder: Namrata Ganatra, former senior director of engineering at Coinbase

Vendia

Company: Vendia

Total funding: $20.6 million

Valuation: $63 million, according to PitchBook

Investors: BMW i Ventures, Canvas Ventures, Firebolt Ventures, Floodgate, Neotribe Ventures, Sorenson Ventures, WestWave Capital, and more

Why it’s cool: Vendia is a kind of virtual data lake that lets customers share information that’s stored across multiple clouds, without having to manage the infrastructure beneath. The product was inspired in part by the work the founders did around blockchain technologies.

Founders: Timothy Wagner, former vice president of engineering at Coinbase, and Shruthi Rao

Zora

Company: Zora

Total funding: $2 million

Valuation: $5 million, according to PitchBook

Investors: Alice George, Coinbase Ventures, Jeff Staples, Kindred Ventures, and others

Why it’s cool: Zora is a marketplace where creators can share their work, which may be virtual or physical goods, and sell or trade items with cryptocurrency. The startup also has four times the number of Coinbase alumni on its founding team as most startups on this list.

Founders: Jacob Horne, former product manager at Coinbase; Dee Goens, former marketing manager at Coinbase; Slava Kim, former product designer at Coinbase; and Dai Hovey, a former software engineer at Coinbase

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