US accelerator 500 Startups selects Swiss entrepreneur

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09.05.2014

The real-time Bitcoin analytics platform - Coinalytics.co – is set to offer a much-needed and fresh insight into the entire Bitcoin ecosystem. Recently Coinalytics was accepted into the prominent San Francisco based accelerator 500 Startups. Co-founder and CEO of Coinalytics is the Swiss entrepreneur Fabio Federici.

By bringing real-time analytics to the Bitcoin platform, Coinalytics adds an additional layer to the current state of the art, offering deeper insights into the Bitcoin ecosystem. Currently Coinalytics is looking for potential partners and early-adopters to integrate their technology, giving them the opportunity to greatly benefit from their innovations in the future.

Coinalytics recently won ‘Most Innovative Idea’ at Startup Weekend Berlin 2013 and has international team members and advisors from notable companies like Google. The expertise in the team covers the fields of machine learning, data science, web development, up to product management and business development.

Co-founder and CEO of Coinalytics is Fabio Federici. He was brought up in Switzerland, studied in Germany and Spain and came back to Switzerland in 2013. After a two week stay in San Francisco he got the offer from 500 Startups and decided to leave Switzerland again and to build the company in Silicon Valley.

As part of the 500 Startups program Coinalytics has received $100,000 in seed funding along with mentorship and access to the 500 Startups network. Fabio Federici, Cofounder and CEO of Coinalytics said: “We are very excited to be part of the #500strong family and the opportunities it has brought. Our vision is to bring enlightenment upon the Bitcoin ecosystem. Being surrounded by all these experienced entrepreneurs will help us to move a lot quicker. We believe in Bitcoin being the breakthrough technology of the century and look forward to sharing this thrilling journey with our batch-mates.”

Echoing the excitement surrounding Bitcoin, Sean Percival, Venture Partner at 500 Startups and Marketing Advisor for Blockchain.info commented: “There’s a wealth of data, news and more out there about Bitcoin every day. Yet no one has really been able to distil it and better understand what’s going on. Coinalytics is doing just that and in the process bringing a new level of sophistication to the Bitcoin ecosystem.”

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