About Eco App
Eco App is a company based in San Francisco (United States) founded in 2008 was acquired by Andreessen Horowitz in January 2024.. Eco App has completed 2 acquisitions, including JOIN PDX and Join Technologies. Eco App offers products and services including Eco App and Beam Service. Eco App operates in a competitive market with competitors including Digit, Qapital, Tala, SaveUp and Finnt, among others.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
*********
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Website
*********
- Legal Name Eco Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Coinbase
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
JOIN PDX
& 1 more
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Acquired by
Andreessen Horowitz
(Jan 27, 2024)
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Products & Services of Eco App
Eco App offers a comprehensive portfolio of products and services, including Eco App and Beam 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.
App for user support and eco information, currently unavailable.
Website providing details on Beam and related eco topics.
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Funding Insights of Eco App
| 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 Eco App
Eco App has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Coinbase and Andreessen Horowitz. 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 investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Cryptocurrency trading, storage, and exchange services are offered online.
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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 Eco App
Eco App has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include JOIN PDX and Join Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online purchases are facilitated directly with cryptocurrency.
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2022 | ||||
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Housing support is provided to unhoused individuals in Portland.
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1992 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Eco App
| 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 |
Eco App Comparisons
Competitors of Eco App
Eco App 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 Digit, Qapital, Tala, SaveUp and Finnt, 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 |
Money is automatically saved for users by a mobile app.
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| domain | founded_year | HQ Location |
Micro-savings enabled via automated transfers in a mobile app.
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Rewards are earned for personal savings and debt reduction efforts.
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| domain | founded_year | HQ Location |
Decentralized platform for financial products
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| domain | founded_year | HQ Location |
Savings accounts for individuals are facilitated via a mobile app.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Eco App
When was Eco App founded?
Eco App was founded in 2008.
Where is Eco App located?
Eco App is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
What does Eco App do?
Eco App was founded in 2008 in San Francisco, United States, and operates in the fintech sector. An app-based platform is provided to users, where yield-generating savings accounts are integrated with rewards from spending activities. A compounding balance mechanism is employed to enhance user financial growth. Services focus on mobile accessibility, with operations centered in the U.S. market.
What products or services does Eco App offer?
Eco App offers Eco App and Beam Service.
How many acquisitions has Eco App made?
Eco App has made 2 acquisitions, including JOIN PDX, and Join Technologies.
Who are Eco App's investors?
Eco App has 2 investors. Key investors include Coinbase, and Andreessen Horowitz.
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