About Dave
Dave is a company based in Los Angeles (United States) founded in 2016 by Paras Chitrakar. It operates as a FinTech and Subscription Services. Dave has raised $63.56 million across 8 funding rounds from investors including FTX, Victory Park Capital Advisors and Norwest Venture Partners. The company has 274 employees as of December 31, 2024. Dave offers products and services including ExtraCash, Dave Checking, Goals Account, and Side Hustle. Dave operates in a competitive market with competitors including Chime, Stash, Albert, Umba and Yotta, among others.
- Headquarter Los Angeles, United States
- Employees 274 as on 31 Dec, 2024
- Founders Paras Chitrakar
- Stage Public
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Sectors
Financial Services
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Dave Inc.
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Annual Revenue
$347.08 M (USD)33.96as on Dec 31, 2024
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Net Profit
$57.87 M (USD)0as on Dec 31, 2024
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EBITDA
$42.29 M (USD)0as on Dec 31, 2024
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Total Equity Funding
$63.56 M (USD)
in 8 rounds
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Latest Funding Round
$100 M (USD), Post-IPO
Mar 22, 2022
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Investors
FTX
& 5 more
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Employee Count
274
as on Dec 31, 2024
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IPO & Listings of Dave
Dave is a publicly listed company on the NASDAQ with ticker symbol DAVE in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Dave
Dave offers a comprehensive portfolio of products and services, including ExtraCash, Dave Checking, Goals Account, and Side Hustle.
Instant cash advances are provided without interest fees.
Checking accounts are offered with early paycheck access.
Savings accounts are provided with high interest yields.
Surveys and job opportunities are facilitated for earnings.
People of Dave
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Funding Insights of Dave
Dave has successfully raised a total of $63.56M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in March 2022. 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 Dave
Dave has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include FTX, Victory Park Capital Advisors and Norwest Venture Partners.
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Blank check and private debt firm focused on multiple sectors
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Tech startups are funded by S32, a venture capital entity.
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Investor details for Dave
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- Investor locations
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Investments & Acquisitions by Dave
Investment portfolio details for Dave
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- Transaction dates
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Financial Statements - Dave
Detailed financials for Dave
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Dave Comparisons
Peer comparison for Dave
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Dave
Dave 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 Chime, Stash, Albert, Umba and Yotta, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Digital banking services are offered to individuals via mobile apps.
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Automated investment and robo-advisory services are offered to individuals.
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Digital banking app is offered for savings, investing, and budgeting.
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Digital banking solutions are offered to individuals through mobile apps.
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Digital banking services for consumers are offered via mobile app.
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Detailed competitors of Dave
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Dave
Complete news archive for Dave
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Frequently Asked Questions about Dave
Dave was founded in 2016.
Dave is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Dave is a funded company, having raised a total of $63.56M across 8 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Dave is 274.
Annual revenue of Dave is $347.08M as on Dec 31, 2024.
Financial solutions are offered by Dave through a mobile banking app designed to simplify personal finances. Services include instant cash advances via ExtraCash, checking accounts with early paycheck access, high-yield savings accounts, and income opportunities through surveys and job applications. The platform targets individuals seeking accessible financial tools without hidden fees, operating in the digital banking and fintech sector.
Dave offers ExtraCash, Dave Checking, Goals Account, and Side Hustle.
Yes, Dave is publicly traded on NASDAQ under the ticker symbol DAVE.
Dave has 6 investors. Key investors include FTX, Victory Park Capital Advisors, Norwest Venture Partners, Mark Cuban, and S32.
The ticker symbol of Dave is DAVE on NASDAQ.