About Dovly
Dovly is a company based in Phoenix (United States) founded in 2018 by Nirit Rubenstein and Tedis Baboumian.. Dovly has raised $5.85 million across 3 funding rounds from investors including NFX, 1984 Ventures and Croghan Colonial Bank. Dovly offers products and services including Dovly AI Credit Engine and Credit Monitoring Service. Dovly operates in a competitive market with competitors including Credit Sesame, Bloom Credit, Stratyfy, Pave and Altro, among others.
- Headquarter Phoenix, United States
- Founders Nirit Rubenstein, Tedis Baboumian
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Sectors
Financial Services
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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 Dovly, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.85 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series A
Jun 22, 2021
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Investors
NFX
& 2 more
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Employee Count
Employee Count
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Products & Services of Dovly
Dovly offers a comprehensive portfolio of products and services, including Dovly AI Credit Engine and Credit Monitoring Service. 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.
AI system that automates disputes and optimizes credit score enhancements.
Provides weekly reports and alerts for credit changes and threats.
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Funding Insights of Dovly
Dovly has successfully raised a total of $5.85M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in June 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 3
- Last Round Series A — $3.0M
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First Round
First Round
(10 Oct 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series A - Dovly | Valuation |
investors |
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| Jun, 2020 | Amount | Seed - Dovly | Valuation | NFX |
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| Oct, 2019 | Amount | Seed - Dovly | Valuation |
investors |
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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 Dovly
Dovly has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include NFX, 1984 Ventures and Croghan Colonial Bank. 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 offering funding and tools for startups in technology and investment sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Functions as a commercial bank providing deposits, loans, and payment services to individual and business customers.
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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 Dovly
| 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 - Dovly
| 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 |
Dovly Comparisons
Competitors of Dovly
Dovly 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 Credit Sesame, Bloom Credit, Stratyfy, Pave and Altro, 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 |
Personal finance management and price comparison of financial products
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| domain | founded_year | HQ Location |
Tools for credit repair and score management are provided.
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| domain | founded_year | HQ Location |
Machine learning solutions for credit and risk decisions are provided.
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| domain | founded_year | HQ Location |
Pave is focused on helping users build credit scores.
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| domain | founded_year | HQ Location |
Fintech platform for credit repair and financial literacy is provided.
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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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Latest news on Dovly
Frequently Asked Questions about Dovly
When was Dovly founded?
Dovly was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Dovly located?
Dovly is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of Dovly?
Nirit Rubenstein is the current CEO of Dovly. They have also founded this company.
Is Dovly a funded company?
Dovly is a funded company, having raised a total of $5.85M across 3 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on Oct 10, 2019.
What does Dovly do?
Dovly was founded in 2018 in Phoenix, United States, within the fintech sector. A credit score management platform is operated, where users credit reports are pulled via automated software. Negative items on reports are identified and displayed. Dispute messages are transmitted to credit bureaus on users behalf. Ongoing monitoring of credit report changes is conducted. Services are provided through a monthly subscription model.
Who are the top competitors of Dovly?
Dovly's top competitors include Credit Sesame, Bloom Credit and Bonify.
What products or services does Dovly offer?
Dovly offers Dovly AI Credit Engine and Credit Monitoring Service.
Who are Dovly's investors?
Dovly has 3 investors. Key investors include NFX, 1984 Ventures, and Croghan Colonial Bank.
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