GetGems

Messaging that Pays

Fintech & Insurtech
Non Active, Dec 2017 ceased to operate
Mature Tel Aviv-Yafo Founded 2014
LinkedIn
Total raised
$400K
Last: Seed 2015-01
Stage
Mature
Founded
2014
Headcount
1-10
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

GetGems is a free mobile app available for iOS and Android. It makes instant messaging with friends fun, simple, secure and profitable. The primary goal of GetGems is to make it easy for millions of people to adopt bitcoin. GetGems has all of WhatsApp/Telegram functionality, with additional features. Every GetGems user automatically gets his own protected wallet. The username is an alias to the wallet address, an innovation that allows users to easily send both bitcoin and gems to their friends by sending a text message. With current social networks, you are not the client, you are the product being sold. In this unique point in time, GetGems isable to keep the value itcreates in itsnetworks to itself. GetGems is a social network based on attention economy, If someone wants your attention, he should pay you. The blockchain is what enables the transfer of value.

Funding history · 1 round · $400K total

2015-01
Seed $400K

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was GetGems founded?
GetGems was founded in January 2014.
What is the primary function of the GetGems mobile app?
GetGems is a free mobile app for iOS and Android that offers instant messaging with additional features like a protected wallet, enabling users to send bitcoin and 'gems' via text messages.
What was GetGems' total funding amount and when was its last round?
GetGems raised a total of $400,000 in a Seed round in January 2015.
Which investor participated in GetGems' Seed funding round?
Magma Venture Partners was an investor in GetGems' Seed funding round in January 2015.
What is the status of GetGems as of December 2017?
According to startupim data, GetGems ceased to operate in December 2017 and is currently inactive.
Where is GetGems headquartered?
GetGems is headquartered in Tel Aviv-Yafo, Israel, at Rothschild Boulevard 22.
Who is a known founder of GetGems?
Daniel Peled is a founder of GetGems.
What is GetGems' primary sector classification?
GetGems' primary sector classification is Fintech & Insurtech.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
Consumers
Business model
B2C

Highlights

Verified

Tags

cryptocurrencymessagingfintechsocial-networksmobile-applicationssocial-mediapaymentsmobile-paymentsmarketplacetransactionsblockchaindigital-wallet