About Adro
Adro is a company based in New York (United States) founded in 2024 by Sara Schmitt, Amarildo Gjondrekaj, and Kevin Dearmond was acquired by Snowball in October 2025. Adro has raised $2 million across 2 funding rounds from investors including New York State, Era and Ex Nihilo Ventures. Adro operates in a competitive market with competitors including Zolve, Nomad, CAURI Money, Emigre and Aeldra, among others.
- Headquarter New York, United States
- Founders Sara Schmitt, Amarildo Gjondrekaj, Kevin Dearmond
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Adrocard, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$500 K (USD), Seed
Mar 26, 2025
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Investors
New York State
& 4 more
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Employee Count
Not available
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Acquired by
Snowball
(Oct 24, 2025)
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People of Adro
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Funding Insights of Adro
Adro has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Adro
Adro has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include New York State, Era and Ex Nihilo Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Era is engaged in multi-strategy investment management for technology sectors.
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Provides the information about government agencies in New York
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Investor details for Adro
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Investments & Acquisitions by Adro
Investment portfolio details for Adro
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Financial Statements - Adro
Detailed financials for Adro
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Adro Comparisons
Peer comparison for Adro
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Competitors of Adro
Adro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zolve, Nomad, CAURI Money, Emigre and Aeldra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Financial services including credit cards and loans are provided by Zolve.
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Digital banking services for individuals are offered by Nomad.
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Developer of a digital bank for ex-pats
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Provides platform for NRIs in US to open accounts, send remittances, and invest in India.
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Operates as a digital bank for individuals, investors, and businesses.
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Detailed competitors of Adro
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Latest news on Adro
Complete news archive for Adro
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Frequently Asked Questions about Adro
Adro was founded in 2024.
Adro is headquartered in New York, United States. It is registered at New York, New York, United States.
Amarildo Gjondrekaj is the current CEO of Adro. They have also founded this company.
Adro is a funded company, having raised a total of $2M across 2 funding rounds to date.
Adro was founded in 2024 and is based in New York, United States. Operations focus on the financial services sector, where checking and savings accounts, credit cards, and payment processing solutions are provided to international individuals and businesses. Access to US dollar accounts and transactions is facilitated for non-US residents. Assistance with US business setup, including identification numbers, is offered. All banking services are delivered through a partner bank.
Adro's top competitors include Zolve, Nomad and CAURI Money.
Adro has 5 investors. Key investors include New York State, Era, Ex Nihilo Ventures, Cornell Tech Syndicate, and Snowball.