About InvestMates
InvestMates is a company based in Coimbatore (India) founded in 2022 by Harsha K and Prakash Nagarajan.. InvestMates has raised $554.86 thousand across 3 funding rounds from investors including Quadrant Technologies. The company has 17 employees as of April 09, 2024. InvestMates offers products and services including Wealth Management App and AI Insights.
- Headquarter Coimbatore, India
- Employees 17 as on 09 Apr, 2024
- Founders Harsha K, Prakash Nagarajan
- Stage Minicorn
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Sectors
Technology
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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 Imates Technology Private Limited
- Date of Incorporation 02 Dec, 2021
- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$554.86 K (USD)
in 3 rounds
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Latest Funding Round
$97.76 K (USD), Seed
Apr 27, 2023
- Investors
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Employee Count
17
as on Apr 09, 2024
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Products & Services of InvestMates
InvestMates offers a comprehensive portfolio of products and services, including Wealth Management App and AI Insights. 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.
A unified dashboard is provided for tracking investments across global accounts
Personalized insights are generated for financial planning and risk assessment
Funding Insights of InvestMates
InvestMates has successfully raised a total of $554.86K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $97.76 thousand completed in April 2023. 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 Seed — $97,756
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2023 | Amount | Seed - InvestMates | Valuation | Quadrant Technologies |
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| Jun, 2022 | Amount | Seed - InvestMates | Valuation | Quadrant Technologies |
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| May, 2022 | Amount | Seed - InvestMates | 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 InvestMates
InvestMates has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Quadrant Technologies. 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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Provider of IT services specializing in big data, Azure, cloud computing, analytics, and mobile app development
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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 InvestMates
| 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 - InvestMates
| 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 |
Investmates Comparisons
Competitors of InvestMates
| 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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Frequently Asked Questions about InvestMates
When was InvestMates founded?
InvestMates was founded in 2022.
Where is InvestMates located?
InvestMates is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Who is the current CEO of InvestMates?
Prakash Nagarajan is the current CEO of InvestMates. They have also founded this company.
Is InvestMates a funded company?
InvestMates is a funded company, having raised a total of $554.86K across 3 funding rounds to date.
How many employees does InvestMates have?
As of Apr 09, 2024, the latest employee count at InvestMates is 17.
What does InvestMates do?
InvestMates was founded in 2022 in Coimbatore, India, as a wealth management platform in the fintech sector. Portfolios are consolidated by integrating with brokerages, mutual funds, crypto exchanges, and wallets. Insights and analytics are provided to support investment decisions. An app is offered for Android and iOS devices, where family financial accounts are synced to a single dashboard for unified oversight.
What products or services does InvestMates offer?
InvestMates offers Wealth Management App and AI Insights.
Who are InvestMates's investors?
InvestMates has 1 investor. Key investors include Quadrant Technologies.
What is InvestMates's valuation?
The valuation of InvestMates is $3.93M as of Apr 2023.
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