About Earnnest
Earnnest is a company based in Greenville (United States) founded in 2017. It operates as a FinTech, and SaaS (Software-as-a-Service). Earnnest has raised $2.66 million across 2 funding rounds. Earnnest offers products and services including Earnnest App, Earnnest Pro, and Earnnest Escrow Services. Earnnest operates in a competitive market with competitors including ZSuite Technologies, Escrow.com, Accruit, Reserve Trust and Tripartie, among others.
- Headquarter Greenville, United States
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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 Earnnest, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.66 M (USD)
in 2 rounds
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Latest Funding Round
$2.26 M (USD), Series A
Jul 06, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Earnnest
Earnnest offers a comprehensive portfolio of products and services, including Earnnest App, Earnnest Pro, and Earnnest Escrow Services. 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.
Digital earnest money transfers are facilitated securely and conveniently.
All real estate payments are managed on one platform.
Escrow services for real estate transactions are provided digitally.
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Funding Insights of Earnnest
Earnnest has successfully raised a total of $2.66M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.26 million completed in July 2020. 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 2
- Last Round Series A — $2.3M
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First Round
First Round
(20 Mar 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2020 | Amount | Series A - Earnnest | Valuation |
investors |
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| Mar, 2019 | Amount | Seed - Earnnest | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Earnnest
| 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 - Earnnest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Earnnest Comparisons
Competitors of Earnnest
Earnnest 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 ZSuite Technologies, Escrow.com, Accruit, Reserve Trust and Tripartie, 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 |
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| domain | founded_year | HQ Location |
SaaS tools for automating rental payments and deposits are provided.
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| domain | founded_year | HQ Location |
Licensed escrow services are provided for secure online transactions.
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| domain | founded_year | HQ Location |
Escrow and 1031 exchange services for real estate are provided.
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| domain | founded_year | HQ Location |
Provides escrow payment solutions for secure transactions.
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| domain | founded_year | HQ Location |
Escrow payment solutions are provided for businesses and marketplaces.
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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 Earnnest
Frequently Asked Questions about Earnnest
When was Earnnest founded?
Earnnest was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Earnnest located?
Earnnest is headquartered in Greenville, United States.
Is Earnnest a funded company?
Earnnest is a funded company, having raised a total of $2.66M across 2 funding rounds to date. The company's 1st funding round was a Seed of $400K, raised on Mar 20, 2019.
What does Earnnest do?
Earnnest is established as a leading digital payment platform focused on real estate transactions in the United States. Services are provided to agents, teams, brokerages, title and escrow companies, lenders, and homebuilders. Solutions are designed to offer secure, convenient, and transparent fund transfers, eliminating risks associated with traditional checks and wire transfers. The platform is accessible via mobile app, desktop, or through integration partners, ensuring flexibility across various real estate sectors. Expansion into all types of real estate payments is being pursued beyond just earnest money services.
Who are the top competitors of Earnnest?
Earnnest's top competitors include ZSuite Technologies, Escrow.com and Accruit.
What products or services does Earnnest offer?
Earnnest offers Earnnest App, Earnnest Pro, and Earnnest Escrow Services.
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