About Hip Pocket
Hip Pocket is a Financial Services company based in Lincoln (United States) founded in 2013, and was acquired by T Mobile Apps in August 2019. Platform to consolidate debt an compare with peers. It operates in the Financial Services and Technology sectors. Hip Pocket has raised $200 thousand across 3 funding rounds from investors including FinCon, Plinqit and Civic Accelerator. Hip Pocket offers products and services including High Yield Savings and Automated Savings. Its focus areas include FinTech, Banking Tech, CRM and Enterprise Applications. Its competitors include Eltropy, Pegasystems and Zipari; 2 of its 3 listed competitors have raised funding.
Company details
Hip Pocket was founded in 2013 in Lincoln, United States, within the fintech sector focused on debt management. A platform is operated to consolidate user debts, including mortgages, retirement loans, and auto loans, while enabling comparisons against peer data. Leads are generated for banks and credit unions, with commissions earned accordingly. Users are advised on potential refinancing options to reduce costs.
- Headquarters Lincoln, United States
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Website hippocket.net
- Social LinkedIn X YouTube
- Acquired by T Mobile Apps (Aug 2019)
- Total Equity Funding$200K (USD)
in 3 rounds
- Latest Funding Round$50K (USD), Seed
Jun 2017
- InvestorsFinCon
& 2 more
- Acquired byT Mobile Apps
(Aug 2019)
Products & Services of Hip Pocket
Hip Pocket offers a comprehensive portfolio of products and services, including High Yield Savings and Automated Savings.
Scalable product to help institutions attract and manage deposits effectively.
Tools for automated deposit growth and customer engagement strategies.
Apps and channels of Hip Pocket
its YouTube channel Plinqit has 33 subscribers and 29 videos.
Videos from Hip Pocket
The most watched videos on Hip Pocket's YouTube channel, Plinqit (33 subscribers). Click a video to play it here.
More on Plinqit.
Funding Insights of Hip Pocket
Hip Pocket has successfully raised a total of $200K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $50 thousand completed in June 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 $200,000
- Total Rounds 3
- Last Round Seed — $50,000
- First Round $1,500
(Sep 2015)
- Investors Count 2
All 3 funding rounds of Hip Pocket 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 |
|---|---|---|---|---|---|
| Jun 2017 | $50,000 | Seed | – | Civic Accelerator | – |
| Dec 2016 | $150,000 | Seed | – | – | – |
| Sep 2015 | $1,500 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Hip Pocket
Hip Pocket has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FinCon, Plinqit and Civic Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Civic Accelerator is operated as a social innovation program. | cvcx.org | Atlanta, United States | ||
Provider of event management services | 2011 | finconexpo.com | Frisco, United States | |
Money-saving mobile apps are developed for consumers and businesses. | 2012 | htmobileapps.com | Detroit, United States |
Investor details for Hip Pocket
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of Hip Pocket
4 dated milestones of Hip Pocket across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Hip Pocket is founded.
- Funding First funding round of $2K.
- Funding Latest funding round, Seed, of $50K.
- Exit Acquired by T Mobile Apps.
Competitors of Hip Pocket
Hip Pocket has 3 listed competitors in our database, 2 of them funded. They include Eltropy, Pegasystems and Zipari.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eltropy.com | 2014 | Milpitas, United States | $25M | 113 | Reputation management software is provided for solar industry sales. | |
| pega.com | 1983 | Cambridge, United States | 5,406 | Wealth management solutions via AI decisioning and automation are provided. | ||
| zipari.com | 2014 | Brooklyn, United States | $44.83M | Provider of cloud-based customer experience management platform for payers |
Detailed competitors of Hip Pocket
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 Insurance Technology & Support Services
3 companies that operate in the same segment as Hip Pocket (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Hip Pocket
Complete news archive for Hip Pocket
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Frequently Asked Questions about Hip Pocket
Hip Pocket was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Hip Pocket is headquartered in Lincoln, United States. It is registered at Lincoln, Nebraska, United States.
Hip Pocket is a funded company, having raised a total of $200K across 3 funding rounds to date. The company's 1st funding round was a Grant of $1.5K, raised on Sep 2015.
Hip Pocket was founded in 2013 in Lincoln, United States, within the fintech sector focused on debt management. A platform is operated to consolidate user debts, including mortgages, retirement loans, and auto loans, while enabling comparisons against peer data. Leads are generated for banks and credit unions, with commissions earned accordingly. Users are advised on potential refinancing options to reduce costs.
Hip Pocket's top competitors include Zipari, Eltropy and Pegasystems.
Hip Pocket offers High Yield Savings and Automated Savings.
Hip Pocket has 3 investors. Key investors include FinCon, Plinqit, and Civic Accelerator.
Yes. Hip Pocket was acquired by T Mobile Apps in August 2019.