Colu

Colu is a United States-based company located in Tel Aviv. Established in 2014, the company employs 20 people and generates an annual revenue of $18.3 million. Colu's platform empowers citizens to engage with their communities through a unique digital currency system. The company's core offering is a mobile application that rewards users for participating in local activities. By engaging in eco-friendly actions like cycling or recycling, or supporting local businesses through shopping, users earn digital coins. These coins can then be redeemed at participating businesses within their city, fostering a sense of community and encouraging positive local impact. Colu distinguishes itself by its data-driven approach. The platform leverages data to track user engagement and measure the economic impact of its programs. This data-driven insight allows Colu to customize its solutions to meet the specific needs of each city it operates in. Colu has secured $35 million USD in funding from prominent venture capital firms, demonstrating the market's belief in its innovative model. To learn more about Colu and its community-building platform, visit their website at colu.com.