About Debitize
Debitize is a Financial Services company based in New York (United States) founded in 2014, and was acquired by Trim in April 2019. Credit Card Debt Management. Debitize has raised $100 thousand across 1 funding round from investors including Trim by OneMain and Entrepreneurs Roundtable Accelerator. The company was acqui-hired. Its focus areas include FinTech, Payments, Consumer Payments and Vertical Payments. Its competitors include Bright, Debx and Plurimos; 2 of its 3 listed competitors have raised funding.
Company details
Debitize is a free app makes it easy to use credit cards responsibly by combining the discipline of a debit card. Debitize automatically sets aside funds from your checking account after every credit card purchase and then pays your bill for you at the end of the month. Now you can earn rewards, build credit, and enjoy better security and fraud protection, all without worrying about overspending or missing a payment. It also provides tips and suggestions for other ways to optimize your credit utilization ratios and credit reporting. Debitize is compatible with most major credit cards and goes to work once you take a few short minutes to sign up.
- Headquarters New York, United States
- Stage Acquired
- SectorsFinancial Services
- Website debitize.com
- Social LinkedIn X Facebook
- Acquired by Trim (Apr 2019)
- Total Equity Funding$100K (USD)
in 1 rounds
- Latest Funding Round$100K (USD), Seed
Jan 2017
- InvestorsTrim by OneMain
& 1 more
- Acquired byTrim
(Apr 2019)
Funding Insights of Debitize
Debitize has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in January 2017. 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 $100,000
- Total Rounds 1
- Last Round Seed — $100,000
- First Round $100,000
(Jan 2017)
- Investors Count 1
All 1 funding rounds of Debitize 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 2017 | $100,000 | Seed | – | Entrepreneurs Roundtable Accelerator | – |
2 investors in total: 2 institutional.
Investors in Debitize
Debitize has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Trim by OneMain and Entrepreneurs Roundtable Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated in fintech, SaaS, climate, and various sectors. | eranyc.com | New York, United States | ||
Automated savings and expense management platform is provided. | 2015 | asktrim.com | San Francisco, United States |
Investor details for Debitize
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Debitize
3 dated milestones of Debitize across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Debitize is founded.
- Funding First funding round of $100K.
- Exit Acquired by Trim.
Competitors of Debitize
Debitize has 3 listed competitors in our database, 2 of them funded. They include Bright, Debx and Plurimos.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brightmoney.co | 2019 | San Francisco, United States | $43M | Bright is focused on debt management and credit building. | ||
| debx.co | 2016 | Bethesda, United States | $1.05M | Provides a comprehensive solution for managing credit cards effectively. | ||
| plurimos.com | 2021 | West Lafayette, United States | Offers an app-based platform for managing credit card payments. |
Detailed competitors of Debitize
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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 Debitize (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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Frequently Asked Questions about Debitize
Debitize was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Debitize is headquartered in New York, United States. It is registered at New York, New York, United States.
Debitize is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jan 2017.
Debitize is a free app makes it easy to use credit cards responsibly by combining the discipline of a debit card. Debitize automatically sets aside funds from your checking account after every credit card purchase and then pays your bill for you at the end of the month. Now you can earn rewards, build credit, and enjoy better security and fraud protection, all without worrying about overspending or missing a payment. It also provides tips and suggestions for other ways to optimize your credit utilization ratios and credit reporting. Debitize is compatible with most major credit cards and goes to work once you take a few short minutes to sign up.
Debitize has 2 investors. Key investors include Trim by OneMain, and Entrepreneurs Roundtable Accelerator.
Yes. Debitize was acquired by Trim in April 2019.