GoTuit

Woburn, United States Founded: 2000 • Age: 26 yrs Acquired By Digitalsmiths
Overseas account opening processes are detailed in a blog format.
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About GoTuit

GoTuit is a company based in Woburn (United States) founded in 2000 was acquired by Digitalsmiths in November 2010.. GoTuit has raised $18.1 million across 4 funding rounds from investors including Motorola Mobility, Atlas Venture and Digitalsmiths. GoTuit offers products and services including FX Trading Services and Account Opening Services.

  • Headquarter Woburn, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Overseas Fx Inc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.1 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Unspecified

    Dec 02, 2004

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Digitalsmiths

    (Nov 22, 2010)

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Products & Services of GoTuit

GoTuit offers a comprehensive portfolio of products and services, including FX Trading Services and Account Opening 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.

Primary

Platforms for foreign exchange trading are offered to facilitate currency transactions.

Services for opening FX accounts are provided to enable trading activities.

Funding Insights of GoTuit

GoTuit has successfully raised a total of $18.1M across 4 strategic funding rounds. The most recent funding activity was a Unspecified round of $10 million completed in December 2004. 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 Rounds 4
  • Last Round Unspecified — $10.0M
  • First Round

    (15 Aug 2000)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2004 Amount Unspecified - GoTuit Valuation

investors

Dec, 2002 Amount Unspecified - GoTuit Valuation

investors

Mar, 2001 Amount Unspecified - GoTuit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GoTuit

GoTuit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Mobility, Atlas Venture and Digitalsmiths. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in life science and biotechnology sectors
Founded Year Domain Location
Venture capital investment and entrepreneur support services.
Founded Year Domain Location
Mobile devices, cases, tablets, and screen protectors are offered online.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GoTuit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GoTuit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gotuit Comparisons

Employees
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Competitors of GoTuit

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gotuit

Frequently Asked Questions about GoTuit

When was GoTuit founded?

GoTuit was founded in 2000.

Where is GoTuit located?

GoTuit is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.

Is GoTuit a funded company?

GoTuit is a funded company, having raised a total of $18.1M across 4 funding rounds to date.

What does GoTuit do?

Gotuit was founded in 2000 and is based in Woburn, United States. Operations center on maintaining a blog that covers procedures for opening accounts abroad. Content is focused on international banking and financial setup guidance for users. The domain gotuit.com serves as the primary platform for these informational resources, targeting individuals and businesses exploring global financial options. No additional services beyond blogging are indicated.

What products or services does GoTuit offer?

GoTuit offers FX Trading Services and Account Opening Services.

Who are GoTuit's investors?

GoTuit has 4 investors. Key investors include Motorola Mobility, Atlas Venture, Digitalsmiths, and Highland Capital Partners.

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