/Companies

CoinFlip

Plano, US · Founded 2015 · 193 employees on LinkedIn · 3 known investors

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CoinFlip operated cryptocurrency ATM (kiosk) services in Latin America. The company has ceased operations in Panama and Brazil as of December 31, 2025, and in Mexico as of January 31, 2026.

Founders & leadership

CoinFlip was founded in 2015 by Ben Weiss and Kris Dayrit.

BWBen Weiss
Ben WeissCo-founder · Chief Executive OfficerBen Weiss is CEO and co-founder of CoinFlip, which operated cryptocurrency ATM kiosk services across Latin America and other regions. He holds an economics degree from Vanderbilt University.
KDKris Dayrit
Kris DayritDirector and Co-FounderKris Dayrit is a co-founder and president of CoinFlip, which operated cryptocurrency ATM services.
EH
Ed HoehnExecutive

Board

RS
Robert SpearsBoard director
ML
Mark LeonardBoard director

Investors · 3

Also in the syndicate · 1

Heads or Tails Investments

Funding

SEC filings, press & company announcements

$1.8M disclosed across 1 of 2 rounds · 2016–2018

▶$1.8MraisedJun 2016 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert SpearsDirector
  • Ed HoehnExecutive Officer, Director
  • Mark LeonardDirector
Offering amount
$2M
Amount sold
$1.8M
First sale
May 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through CoinFlip went on to found or lead other companies.

Frequently asked questions

What does CoinFlip do?
CoinFlip operated cryptocurrency ATM (kiosk) services in Latin America. The company has ceased operations in Panama and Brazil as of December 31, 2025, and in Mexico as of January 31, 2026.
Who founded CoinFlip?
CoinFlip was founded by Ben Weiss, Kris Dayrit in 2015.
Who are CoinFlip's investors?
CoinFlip's investors include Shoreline Venture Management, SKY VC.
How much funding has CoinFlip raised?
CoinFlip has disclosed $1.8M raised across 1 of its 2 known rounds.
Where is CoinFlip headquartered?
CoinFlip is headquartered in Plano, US.