About Bippit
Bippit is a company based in London (United Kingdom) founded in 2018.. Bippit has raised $120 thousand across 1 funding round from investors including Techstars. The company has 6 employees as of May 31, 2022. Bippit offers products and services including Financial Coaching, Budgeting Tools, Webinars and Workshops, and Goal Tracking. Bippit operates in a competitive market with competitors including Mintago, Hastee, nudge, Level Financial Technology and Level, among others.
- Headquarter London, United Kingdom
- Employees 6 as on 31 May, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bippit Ltd
- Date of Incorporation 14 May, 2018
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 K (USD)
in 1 rounds
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Latest Funding Round
$120 K (USD), Seed
May 03, 2021
- Investors
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Employee Count
6
as on May 31, 2022
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Products & Services of Bippit
Bippit offers a comprehensive portfolio of products and services, including Financial Coaching, Budgeting Tools, Webinars and Workshops, and Goal Tracking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized guidance for employee financial issues
Apps for tracking budgets and financial goals
Sessions on financial education and planning
Platform for automated financial goal management
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Funding Insights of Bippit
Bippit has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in May 2021. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $120,000
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First Round
First Round
(03 May 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - Bippit | Valuation | Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bippit
Bippit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bippit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bippit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bippit Comparisons
Competitors of Bippit
Bippit 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 Mintago, Hastee, nudge, Level Financial Technology and Level, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Employee savings and investments are managed through employer-enabled tools.
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| domain | founded_year | HQ Location |
Online employee benefits platform for financial benefits
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| domain | founded_year | HQ Location |
Financial planning and savings platform is provided for employees.
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| domain | founded_year | HQ Location |
Provider of salary-linked financial tools, including on-demand pay, payroll savings, and income-based budgeting
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| domain | founded_year | HQ Location |
Financial management platform for employers is provided by Level.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bippit
When was Bippit founded?
Bippit was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Bippit located?
Bippit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Bippit a funded company?
Bippit is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on May 03, 2021.
How many employees does Bippit have?
As of May 31, 2022, the latest employee count at Bippit is 6.
What does Bippit do?
Bippit was founded in 2018 and is based in London, United Kingdom. An online platform is maintained to support employee financial management through goal tracking features, budgeting resources, and integrations with personal accounts. Services encompass planning for retirement, education expenses, family support, emergency funds, and other objectives in the fintech sector, with operations focused on accessible digital tools for users.
Who are the top competitors of Bippit?
Bippit's top competitors include Hastee, Mintago and Level Financial Technology.
What products or services does Bippit offer?
Bippit offers Financial Coaching, Budgeting Tools, Webinars and Workshops, and Goal Tracking.
Who are Bippit's investors?
Bippit has 1 investor. Key investors include Techstars.
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