About Bump
Bump is a Financial Services company based in Mountain View (United States) founded in 2008, and was acquired by Google in September 2013. P2P money transfer via smartphones using NFC technology. Bump has raised $16.13 million across 2 funding rounds from investors including Google, Andreessen Horowitz and Sequoia Capital. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include Facepay, Google Wallet and Bling Nation; 2 of its 3 listed competitors have raised funding.
Company details
Bump Technologies built a mobile application and API that allow two smartphones to identify one another and connect by simply being bumped together. Uses NFC technology. Funded by Y Combinator, Sequoia Capital, Andreessen Horowitz and other angel investors. Got acquired by Google in 2013 for 30M.
Funding Insights of Bump
Bump has successfully raised a total of $16.13M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in January 2011. 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 $16.13M
- Total Rounds 2
- Last Round Series B — $16M
- First Round $125,000
(Jun 2009)
- Investors Count 6
All 2 funding rounds of Bump with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2011 | $16M | Series B | – | a16z | |
| Jun 2009 | $125,000 | Seed | – | Y Combinator | – |
7 investors in total: 7 institutional.
Investors in Bump
Bump has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Andreessen Horowitz and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Early-stage investment in technology sectors is conducted by Sherpalo Ventures. | sherpalo.com | |||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Investments in technology startups are made by Felicis Ventures. | felicis.com | Menlo Park, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more | 1998 | google.com | Mountain View, United States |
Investor details for Bump
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Timeline of Bump
4 dated milestones of Bump across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Bump is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Series B, of $16.0M.
- Exit Acquired by Google.
Competitors of Bump
Bump has 3 listed competitors in our database, 2 of them funded. They include Facepay, Google Wallet and Bling Nation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| facepay.io | 2015 | San Francisco, United States | $2.1M | Provider of face scanning technology to pay at merchant site | ||
| wallet.google | 2011 | United States | NFC-enabled digital wallet for consumer payments. | |||
| blingnation.com | 2007 | Palo Alto, United States | $28M | Provides an NFC-based digital wallet for secure consumer payments. |
Detailed competitors of Bump
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- Full competitor set
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Web traffic of Bump
The website of Bump (bu.mp) receives about 3.1K visits a month.
- Monthly visits3.1K
▼ 45% vs previous month
Websites whose visitors overlap most with Bump. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
market.android.com | market.android.com | 100% | – | ||
| itunes.apple.com | 98% | 25.4M | View details | ||
| instapaper.com | 96% | 1.6M | #33,731 | View details | |
| appdata.com | 82% | View details | |||
| evernote.com | 73% | 10.9M | #4,787 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Bump
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- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Bump (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Bump
Complete news archive for Bump
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Frequently Asked Questions about Bump
Bump was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Bump is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Bump is a funded company, having raised a total of $16.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2009.
Bump Technologies built a mobile application and API that allow two smartphones to identify one another and connect by simply being bumped together. Uses NFC technology. Funded by Y Combinator, Sequoia Capital, Andreessen Horowitz and other angel investors. Got acquired by Google in 2013 for 30M.
Bump's top competitors include Facepay, Google Wallet and Bling Nation.
Bump has 7 investors. Key investors include Google, Andreessen Horowitz, Sequoia Capital, Sherpalo Ventures, and SV Angel.
Yes. Bump was acquired by Google in September 2013.