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PreIPO Pick
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96%
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Lolli
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Location
Durham
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Industry
Fintech
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Key Leader:
CEO
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Alex Adelman
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Founded
2018
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Employees
60
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Stage
Series B
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Website
Lolli
.com
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Contact Email
support@lolli.com
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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.

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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.
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Company Overview
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Intelli Review
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Market Overview
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SWOT Analysis
  • 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.

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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.

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

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

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

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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
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Head of Operations and Marketing Strategy
Elena Nisonoff
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VP of Design
Pearson Cunningham
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  • Funding Details
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Total Funding
$28.3M
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Last Funding
$8M
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Last Date Funded
12/14/2023
Number of Rounds
7
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Round Type
Series B
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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
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