Last updated 2026-06-18
- Acquired by QRyde, Jul 2024
- Raised $7M funding round, Jan 2019
- Raised $14.5M funding round, Dec 2017
Total raised
$33.6M
Last: 2019-01
Stage
Acquired
Founded
2014
Headcount
19
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software
About
Colu is a smart city technology company focused on helping municipalities significantly increase civic engagement by rewarding residents for taking actions that promote strategic goals for the good of the community. The companys platform is powered by a unique City Coin that can be spent only at local merchants. This allows cities to reward residents for a desired behavior while keeping marketing funds circulating locally. Colu has over 250,000 users worldwide.
Funding history · 4 rounds · $33.6M total
2019-01
$7.0M
2017-12
$14.5M
2016-06
2015-02
Q&A
- What is Colu's primary business focus?
- Colu is a smart city technology company that helps municipalities increase civic engagement by rewarding residents for actions that promote community goals, using a unique in-app City Coin.
- When was Colu acquired and by whom?
- Colu was acquired by QRyde in July 2024.
- What is Colu's total funding raised to date?
- Colu has raised a total of $33.6 million USD.
- When was Colu founded?
- Colu was founded in November 2014.
- Which investors participated in Colu's February 2015 funding round?
- In February 2015, Colu received funding from Spark Capital and Digital Currency Group.
- Who invested in Colu's June 2016 funding round?
- In June 2016, Colu received funding from Tom Glocer and Aleph.
- Which investor participated in Colu's December 2017 funding round?
- In December 2017, Colu received funding from IDB Development Corporation.
- Who was the investor in Colu's January 2019 funding round?
- In January 2019, Colu received funding from Patrick Byrne.
- Who is the Co-founder & CEO of Colu?
- Amos Meiri is the Co-founder & CEO of Colu.
Team · 1
Sectors & technology
Primary sector
Business Software
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementBusiness SoftwareSales & Marketing Solutions
Technologies
Platforms & InterfacesMobileCryptographyTokenizationData StorageCDN
Target customers
ConsumersRecreational & LifestyleProfessionals & Gig EconomyInfluencersCommunity ManagersDemographics & FamilyCommerce & RetailConsumer GoodsFood Retail & ConsumptionRestaurantsGovernment & CityMunicipalities
Business model
B2BB2CB2G
Highlights
Verified
Tags
mobile-applicationsauthenticationp2plocation-basedmunicipalitiessmbdigital-walletpaymentssmart-cityuser-engagemententerprisesfintechmobile-paymentscommunityfinancial-institutionsgovernment
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/4859812 | |
| facebook.com/ColuApp | |
| YouTube | youtube.com/channel/UC2yHSENHrugHTPwTBV8x4KQ |
Identifiers & details
| Founded | 2014-11 |
|---|---|
| Employees (exact) | 19 |
| Status reason | Acquired (Inactive) by QRyde on Jul 2024 - closed due to acquisition |
Acquisitions & public offerings
Acquired by QRyde 2024-07
Radar intelligence
Patents
| EPO | 31 |
|---|
Publications (Crossref)
| Works | 8 |
|---|