About Communion Saves
Communion Saves is a company based in London (United Kingdom) founded in 2022 by Daniel Hegarty.. Communion Saves has raised $3.18 million across 1 funding round from investors including Target Global, unknown and Greg Marsh. Communion Saves offers products and services including Happiness Toolkit and Weekly Newsletter. Communion Saves operates in a competitive market with competitors including Chip, WeVat, Bloom, GoSherpy and Strowz, among others.
- Headquarter London, United Kingdom
- Founders Daniel Hegarty
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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
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- Legal Name Communion Saves Ltd
- Date of Incorporation 29 Sep, 2022
- 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
$3.18 M (USD)
in 1 rounds
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Latest Funding Round
$3.18 M (USD), Seed
Aug 17, 2023
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Investors
Target Global
& 5 more
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Employee Count
Employee Count
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Products & Services of Communion Saves
Communion Saves offers a comprehensive portfolio of products and services, including Happiness Toolkit and Weekly Newsletter. 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.
Guides users on managing money desires and achieving contentment
Delivers insights on money psychology for personal growth
Funding Insights of Communion Saves
Communion Saves has successfully raised a total of $3.18M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.18 million completed in August 2023. 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 — $3.2M
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First Round
First Round
(17 Aug 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - Communion Saves | Valuation | Target Global |
| 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 Communion Saves
Communion Saves has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Target Global, unknown and Greg Marsh. 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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Venture capital firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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GM
Greg Marsh |
Angel investor, founder of Nous, ex-Index Ventures, active in Indian startups
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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 Communion Saves
| 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 - Communion Saves
| 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 |
Communion Saves Comparisons
Competitors of Communion Saves
Communion Saves 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 Chip, WeVat, Bloom, GoSherpy and Strowz, 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 |
Automated savings are enabled via app for individual users.
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| domain | founded_year | HQ Location |
Tax refunds are processed online via receipt photo uploads.
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| domain | founded_year | HQ Location |
Bloom is designed to teach teens and parents about investing.
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| domain | founded_year | HQ Location |
Automated savings platform
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| domain | founded_year | HQ Location |
Goal-based savings and investments are managed via an online platform.
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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 Communion Saves
When was Communion Saves founded?
Communion Saves was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Communion Saves located?
Communion Saves is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Communion Saves?
Daniel Hegarty is the current CEO of Communion Saves. They have also founded this company.
Is Communion Saves a funded company?
Communion Saves is a funded company, having raised a total of $3.18M across 1 funding round to date. The company's 1st funding round was a Seed of $3.18M, raised on Aug 17, 2023.
What does Communion Saves do?
Communion Saves was founded in 2022 in London, United Kingdom, by Daniel Hegarty as its CEO. The platform operates in the financial services sector, focusing on individual savings. Automated tools are provided to process personal data for decision-making, aiding financial management. Privacy policies are maintained to handle information collection securely, with services targeted at users seeking improved financial stability.
Who are the top competitors of Communion Saves?
What products or services does Communion Saves offer?
Communion Saves offers Happiness Toolkit and Weekly Newsletter.
Who are Communion Saves's investors?
Communion Saves has 6 investors. Key investors include Target Global, unknown, Greg Marsh, Uncommon London, and Erin Lantz.