Civic Engagement Powered by Local In-app Currency
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.
| Name | Colu |
|---|---|
| Slug | colu |
| Type / kind | startup |
| Crunchbase ID | colu |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6JqbcIDA |
| Status | inactive |
|---|---|
| Status reason | Acquired (Inactive) by QRyde on Jul 2024 - closed due to acquisition |
| Last update | 2026-05-17 |
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Tel Aviv-Yafo |
| HQ address | Yigal Alon Street 114, Tel Aviv-Yafo, Israel |
| https://www.linkedin.com/company/4859812 | |
| Twitter / X | https://twitter.com/ColuApp |
| https://www.facebook.com/ColuApp | |
| YouTube | https://www.youtube.com/channel/UC2yHSENHrugHTPwTBV8x4KQ |
| Total raised | $33.6M |
|---|---|
| Current stage | Acquired |
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