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Linen - About the company

Linen is a seed company based in San Francisco (United States), founded in 2019 by Vitaly Bahachuk. It operates as an Online consumer lending platform. Linen has raised $1.4M in funding. The company has 731 active competitors, including 83 funded and 23 that have exited. Its top competitors include companies like Phantom, Ripio and imToken.

Company Details

Linen App is an online consumer lending platform. Users can invest in loans to earn interest starting from 4.74%. Returns are generated by borrowers who secure loans with cryptocurrency collateral. Loans are overcollateralized and collateral value is monitored in real-time.
Website
linen.app
Social
XFacebook
Email ID
*****@linen.app
Part Of
Registered Address
44 TEHAMA ST., SAN FRANCISCO, CA
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Seed
Total Funding
$1.4M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
53 as on Apr 30, 2026
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Linen's funding and investors

Linen has raised a total funding of $1.4M over 2 rounds. Its first funding round was on Feb 28, 2019. Linen has 11 institutional investors.

Here is the list of recent funding rounds of Linen:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 18, 2019
4468696
Seed
9558894
4001569
5581369
7142589
Feb 28, 2019
6343537
Seed
1657509
2742175
1123019
9779337
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Linen's founders and board of directors

Founder? Claim Profile
The founders of Linen is Vitaly Bahachuk.
Here are the details of Linen's key team members:

Linen's employee count trend

Linen has 53 employees as of Apr 26. Here is Linen's employee count trend over the years:
Employee count trend for Linen
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Linen's Competitors and alternates

Top competitors of Linen include Phantom, Ripio and imToken. Here is the list of Top 10 competitors of Linen, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Phantom
Phantom
2021, San Francisco (United States), Series C
Provider of a self-custodial cryptocurrency wallet with multi-chain support
$277M
78/100
2nd
Logo for Ripio
Ripio
2013, George Town (Cayman Islands), Series B
Online reseller of Bitcoins
$53.1M
75/100
3rd
Logo for imToken
imToken
2016, Singapore (Singapore), Series B
Digital asset wallet for cryptocurrency exchange
$40M
73/100
4th
Logo for Bitget
Bitget
2018, Cayman Islands, Series B
Provider of a community-based cryptocurrency and digital asset exchange
$20M
72/100
5th
Logo for Rainbow
Rainbow
2019, New York City (United States), Series A
Mobile wallet for cryptocurrencies
$21M
71/100
6th
Logo for Exodus
Exodus
2015, Omaha (United States), Public
Colocation, managed hosting, enterprise cloud & IT solutions
-
69/100
7th
Logo for MetaMask
MetaMask
2015, San Francisco (United States), Funding Raised
Developer of a platform for managing digital assets and blockchain interactions
-
69/100
8th
Logo for Deblock
Deblock
2022, Lille (France), Series A
Platform offering a self-custodial cryptocurrency wallet
$59.7M
68/100
9th
Logo for Trust Wallet
Trust Wallet
2005, San Francisco (United States), Acquired
App-based wallet to send, receive and store digital assets
-
68/100
10th
Logo for TRON
TRON
2017, Singapore (Singapore), Funding Raised
Blockchain-based explorer and wallets for cryptocurrencies
-
68/100
78th
Logo for Linen
Linen
2019, San Francisco (United States), Seed
Online consumer lending platform
$1.4M
43/100
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Linen's Investments and acquisitions

Linen has made no investments or acquisitions yet.

Reports related to Linen

Here is the latest report on Linen's sector:

FAQs about Linen

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