Intelli Engine
PreIPO Pick
User Request
96%
Report Completeness
This percentage indicates the completeness of the Intelli report, reflecting the proportion of available public fields successfully incorporated into the report.
Lolli
Location icon
Location
Durham
Folder Icon
Industry
Fintech
Person Icon
Key Leader:
CEO
Lightning icon
Alex Adelman
Calendar Icon
Founded
2018
Plus person icon.
Employees
60
Pin Icon
Stage
Series B
Store Icon
Website
Lolli
.com
Person Icon
Contact Email
support@lolli.com
Fire Icon
Overview

Lolli is an innovative platform that offers bitcoin rewards to users for their purchases at various online retailers. It operates at the intersection of e-commerce and cryptocurrency, providing a unique way for consumers to earn bitcoin through everyday shopping activities. This model integrates the growing popularity of digital currencies into the online retail experience, appealing to both cryptocurrency enthusiasts and regular shoppers looking for additional rewards.

Flower with money sign Icon
Key Products & Services
  • Bitcoin Cashback Rewards: Users earn bitcoin as cashback when they shop online at partnered retailers through the Lolli platform.
  • Browser Extension: Lolli offers a browser extension that makes it easy for users to earn bitcoin rewards while shopping online by notifying them of eligible purchases on partner websites.
  • Mobile App: A user-friendly mobile application that allows users to earn bitcoin rewards on the go, enhancing accessibility and convenience for shopping and tracking rewards.
  • Description

Lolli is an innovative fintech company that has gained attention for its unique approach to integrating cryptocurrency with everyday shopping. The company's primary service is a rewards application that allows users to earn Bitcoin as cashback when they shop at partnered retailers. This concept effectively merges the worlds of e-commerce and cryptocurrency, offering an accessible entry point for consumers to get involved with Bitcoin. The app is designed to be user-friendly, catering to both crypto enthusiasts and those new to digital currencies. By partnering with a wide range of popular retailers, Lolli makes earning Bitcoin simple and practical, effectively turning everyday purchases into investment opportunities. Their business model has been praised for its creativity in promoting the use of cryptocurrency in a practical, everyday context, and it plays a significant role in bringing Bitcoin into the mainstream market.

  • Product & Services Review

Bitcoin Cashback Rewards: Users earn Bitcoin as cashback when shopping at partnered retailers through the Lolli app or website.

Retail Partnerships: Collaboration with a wide variety of retailers across different sectors, allowing users to earn Bitcoin on a broad range of products and services.

Mobile App: A user-friendly mobile application that facilitates shopping and tracking of Bitcoin rewards.

Web Browser Extension: An extension for web browsers that alerts users to potential Bitcoin cashback opportunities when shopping online.

Cryptocurrency Education: Educational resources and information about Bitcoin and cryptocurrency to help users understand and maximize their earnings.

Secure Wallet Integration: A secure digital wallet feature within the app, enabling users to store and track their earned Bitcoin.Referral Program: Incentives for users who refer new customers to the Lolli platform, often in the form of additional Bitcoin rewards.

  • Key People
CEO
Alex Adelman
Head of Operations and Marketing Strategy
Elena Nisonoff
VP of Design
Pearson Cunningham
  • Funding Details
Tag Icon
Total Funding
$28.3M
Ticket icon
Last Funding
$8M
Calendar Icon
Last Date Funded
12/14/2023
Deposit box icon
Number of Rounds
7
Pin Icon
Round Type
Series B
Chart and graph trending line icon
Estimated Valuation
The valuation estimates in Intelli are synthesized from publicly accessible data sourced from private market platforms. They are intended as approximations and should not be the sole basis for any financial decisions.
Not Available
  • Lead Investors
BITKRAFT Ventures
Acrew Capital
Pathfinder
  • Create a free account to get FULL ACCESS to Intelli!
Gain full access to Intelli's advanced market insights, comprehensive data, and cutting-edge analysis by signing up for free today. Don't miss this opportunity to stay ahead in the pre-IPO market. Sign up now for critical market insights that can shape your investment decisions.
  • Create a free account to get FULL ACCESS to Intelli!
Gain full access to Intelli's advanced market insights, comprehensive data, and cutting-edge analysis by signing up for free today. Don't miss this opportunity to stay ahead in the pre-IPO market. Sign up now for critical market insights that can shape your investment decisions.
  • Create a free account to get FULL ACCESS to Intelli!
Gain full access to Intelli's advanced market insights, comprehensive data, and cutting-edge analysis by signing up for free today. Don't miss this opportunity to stay ahead in the pre-IPO market. Sign up now for critical market insights that can shape your investment decisions.
Intelli Engine Disclaimer
These Intelli reports are provided solely for informational purposes and are not intended as an offer, solicitation, or recommendation to buy, sell, or subscribe to any securities or financial instruments. It should not be relied upon as investment, legal, accounting, or tax advice, nor regarded as a personal trading recommendation. The contents of this report are based on information obtained or derived from public sources believed to be reliable; however, we make no representation or warranty, express or implied, as to their accuracy, completeness, or reliability. Past performance of any data or information within this report should not be viewed as an indicator or guarantee of future results. The opinions, estimates, and projections contained herein represent the researched findings and are subject to change without notice. PreIPO does not accept any liability for any loss or damage arising from the use of this report. The information provided reflects views as of the date of publication and may change at any time without prior notice. PreIPO is not under any obligation to update or keep current the information contained herein. The Intelli report may include data and information from various third-party sources. These sources are believed to be reliable but may not be independently verified. Consequently, PreIPO does not guarantee the accuracy, timeliness, completeness, or usefulness of such information, and it should not be relied upon as such. Any reliance you place on such information is strictly at your own discretion.