# Colu

**Source:** https://www.startuphub.ai/startups/colu
**Profile type:** Startup

> Enables cities to create local digital currencies for community engagement and economic growth.

## About

Colu empowers cities to foster local economies by rewarding citizens with digital coins for engaging in community activities like shopping locally, recycling, or cycling. These earned coins can then be redeemed at participating local businesses, driving economic impact and community participation. The platform is data-driven and customizable for each city's unique needs.

## Key facts

- **Slug:** colu
- **Website:** http://www.colu.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2014-12-20 00:00:00
- **Employees:** 50
- **Operating status:** Active
- **Total funding:** $17M
- **Sectors / tags:** Fintech, CBDC Infrastructure, Tokenized Real-World Assets, Community Engagement, Local Economy, Digital Payments, Platform
- **Social:**
  - LinkedIn: https://il.linkedin.com/company/colu-co/
  - Twitter: https://twitter.com/ColuApp

## Frequently asked

### What does Colu do?

Colu empowers cities to foster local economies by rewarding citizens with digital coins for engaging in community activities like shopping locally, recycling, or cycling. These earned coins can then be redeemed at participating local businesses, driving economic impact and community participation. The platform is data-driven and customizable for each city's unique needs.

### What is Colu's revenue?

StartupHub estimates Colu's annual revenue at $15.1M (range $12.2M to $17.4M, 63% confidence), based on comparable companies in the sector.

### What is Colu's valuation?

StartupHub estimates Colu's effective valuation at $68.4M (range $41.5M to $99.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has Colu raised?

Colu has raised a total of $17M in funding.

### Where is Colu headquartered?

Colu is headquartered in Tel Aviv, Israel.

### When was Colu founded?

Colu was founded in 2014.

### What industry does Colu operate in?

Colu operates in Fintech, CBDC Infrastructure, Tokenized Real-World Assets, Community Engagement, Local Economy, Digital Payments.

### How many employees does Colu have?

Colu has approximately 50 people on record.

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