OverviewSuggest Edit

Coinbase is a company that develops an online platform allowing merchants, consumers, and traders to transact with digital currency. It enables its users to create their own cryptocurrency wallets and start buying or selling cryptocurrency by connecting with their bank accounts. In addition, the company provides a series of merchant payment processing systems and tools that support highly-trafficked websites on the internet.
TypePrivate
Founded2012
Websitecoinbase.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (Apr 2021)1,937(+11%)
Revenue (FY, 2020)$1.3 B(+140%)
Cybersecurity ratingAMore

Key People/Management at Coinbase

Brian Armstrong

Brian Armstrong

Co-Founder & CEO
Alesia Haas

Alesia Haas

CFO
Emilie Choi

Emilie Choi

President & Chief Operating Officer
Juan Suarez

Juan Suarez

VP, Legal
Philip Martin

Philip Martin

VP of Security
Michael Li

Michael Li

VP of Data
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Coinbase Office Locations

Coinbase has offices in New York, Portland, San Francisco, Redwood City and in 4 other locations
New York, NY, US
New York, NY, USA
Portland, OR, US
Portland, OR, USA
San Francisco, CA, US
548 Market St, San Francisco
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Coinbase Financials and Metrics

Summary Metrics

Founding Date

2012

Coinbase total Funding

$546.6 m

Coinbase latest funding size

$21.29 m

Time since last funding

2 years ago

Coinbase investors

Coinbase's latest funding round in December 2018 was reported to be $21.3 m. In total, Coinbase has raised $546.6 m. Coinbase's latest valuation is reported to be $8 b.
View all funding rounds

Coinbase Revenue

Coinbase's revenue was reported to be $1.28 b in FY, 2020 which is a 139.3% increase from the previous period.
USD

Revenue (FY, 2020)

1.3b

Revenue growth (FY, 2019 - FY, 2020), %

139.3%

Net income (FY, 2020)

322.3m

EBIT (FY, 2020)

409.0m

Market valuation

8.0b

Cash (31-Dec-2020)

1.1b

EV

7.0b
Annual
USDY, 2017EY, 2018FY, 2019FY, 2020

Revenue

1.0b520.0m533.7m1.3b

Revenue growth, %

(48%)3%139%

Sales and marketing expense

24.2m56.8m

General and administrative expense

231.9m279.9m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

66.1m210.8m158.5m190.6m186.4m315.4m

Sales and marketing expense

4.6m4.2m5.7m9.9m11.4m12.0m

General and administrative expense

61.6m46.6m53.4m59.0m52.0m71.4m

R&D expense

52.9m43.9m44.8m47.1m60.8m73.3m
USDFY, 2019FY, 2020

Cash

548.9m1.1b

Accounts Receivable

17.5m189.5m

Prepaid Expenses

22.4m39.5m

Current Assets

2.0b5.1b
USDFY, 2019FY, 2020

Net Income

(30.4m)322.3m

Depreciation and Amortization

16.9m31.0m

Accounts Payable

(788.0k)20.8m

Cash From Operating Activities

(80.6m)3.0b
USDY, 2017

Revenue/Employee

5.7m
Show all financial metrics

Coinbase Operating Metrics

Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Mar, 2021

Retail Users

43 m

Institutions

7 k

Ecosystem Partners

115 k

Verified Users

23 m24 m25 m26 m27 m29 m31 m32 m34 m37 m39 m43 m56 m
Show all operating metrics

Coinbase Acquisitions / Subsidiaries

Company NameDateDeal Size
Bison Trails acquired by CoinbaseJanuary 19, 2021
Tagomi acquired by CoinbaseMay 27, 2020
Routefire acquired by CoinbaseJanuary 07, 2020
Neutrino acquired by CoinbaseFebruary 19, 2019
Blockspring acquired by CoinbaseJanuary 17, 2019
Distributed Systems acquired by CoinbaseAugust 15, 2018
Digital Wealth acquired by CoinbaseJune 06, 2018
Keystone Capital Corp. acquired by CoinbaseJune 06, 2018
Venovate acquired by CoinbaseJune 06, 2018
Paradex acquired by CoinbaseMay 23, 2018
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Coinbase Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Coinbase Online and Social Media Presence

Embed Graph

Coinbase Company Culture

  • Overall Culture

    A+

    91/100

  • CEO Rating

    A+

    99/100

  • Compensation

    A+

    96/100

  • Diversity

    A+

    92/100

Learn more on Comparably

Coinbase News and Updates

A conversation with Bison Trails: the AWS-like service inside of Coinbase

Coinbase shares tumbled today to their their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at play, including Coinbase’s high opening price at the time of its direct listing, its reliance on margins that are…

What’s Happening With Coinbase Stock?

Coinbase stock (NASDAQ: COIN) has trended lower since it went public on April 14, falling from levels of about $328 per share on listing day to about $281 per share as of yesterday. So what’s driving the sell-off? Firstly, Coinbase went public via a direct listing, which enables...

Coinbase is shutting its former San Francisco HQ as it plans for a decentralized, and remote-first, workplace

Summary List PlacementCryptocurrency-trading platform Coinbase announced in February it would downgrade its San Francisco headquarters to a normal office, as it pushed ahead with plans to become a decentralized company. It's now shutting that office down entirely, as it simultaneously targets a "r…

Coinbase stock price target raised at Mizuho, but analyst still 'skeptical' about prospects

Shares of Coinbase Global Inc. fell 1.2% in premarket trading Tuesday, to extend its recent weakness, as Mizuho analyst Dan Dolev raised his price target but said he remained "skeptical" about the cryptocurrency trading platform's medium-term prospects given heavy reliance on retail commissions. Do…

Digital avatar startup Genies raises $65M from Bond, Dapper Laps and Coinbase

A startup that lets people bring their own virtual selves to life, Genies Inc., today announced $65 million in funding to expand its virtual identity marketplace and digital swag. With this new capital, Genies seeks to build out its avatar technology and hook into the wave of interest in non-fungib…
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Coinbase Blogs

How Coinbase is rethinking its approach to compensation

By L.J. Brock, Chief People OfficerCoinbase is always evolving. In the last year, we’ve grown our headcount by 100%, hired in 6 new countries; committed to being a remote-first company; established Coinbase as a mission focused company; and recently completed our direct listing and became a publicly…

Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR) and Tellor (TRB) are now available on Coinbase

Starting today, Coinbase supports Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), and Tellor (TRB) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store CTSI, RLC, MIR and TRB. CTSI, MIR and TRB are available in all Coinb…

FACT CHECK: Crypto is increasingly being used for criminal activity and is a haven for illicit…

FACT CHECK: Crypto is increasingly being used for criminal activity and is a haven for illicit financeBecause cryptocurrency is still new, we are often asked about the biggest myths surrounding it. It’s common for a new market or product to confuse people, until they get familiar with it. Think abo…

Coinbase Transparency Report — H2 2020

Coinbase Transparency Report — H2 2020Coinbase is proud to publish our second Transparency Report, covering the period from July 1, 2020 through December 31, 2020. The goal of this report is to keep our customers informed about requests for customer information we receive from government agencies an…

Coinbase helps public funds and ETFs around the world with trading and custody

Read more in our Global Fund Management ReportBy Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime ServicesServing a global client base across multiple sectors, Coinbase Institutional provides a full range of trading services and custody for new public funds and approved bitcoin…

The Internet Computer (ICP) will be launching on Coinbase Pro and supported by Coinbase Custody

Once Internet Computer (ICP) governance tokens (developed by the DFINITY Foundation) become generally available on the Internet Computer network, transfer ICP into your Coinbase Pro account ahead of trading. We will publish tweets from our Coinbase Pro Twitter account as a date becomes available. Su…
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Coinbase Frequently Asked Questions

  • When was Coinbase founded?

    Coinbase was founded in 2012.

  • Who are Coinbase key executives?

    Coinbase's key executives are Brian Armstrong, Alesia Haas and Emilie Choi.

  • How many employees does Coinbase have?

    Coinbase has 1,937 employees.

  • What is Coinbase revenue?

    Latest Coinbase annual revenue is $1.3 b.

  • What is Coinbase revenue per employee?

    Latest Coinbase revenue per employee is $659.5 k.

  • Who are Coinbase competitors?

    Competitors of Coinbase include Blockchain, Binance and Bittrex.

  • Where are Coinbase offices?

    Coinbase has offices in New York, Portland, San Francisco, Redwood City and in 4 other locations.

  • How many offices does Coinbase have?

    Coinbase has 11 offices.