About Ivella
Ivella is a company based in Santa Monica (United States) founded in 2020 by Vishal Dubey, Eric Wang, and Kahlil Lalji.. Ivella has raised $4.1 million across 3 funding rounds from investors including Anthemis Group, Financial Venture Studio and Soma Capital. The company has 4 employees as of December 31, 2021. Ivella offers products and services including Split Account, Fun Fund, Personal Account, Family Account, and Joint Account. Ivella operates in a competitive market with competitors including Tricount, Honeydue, Tandem, Monshare and Peas Technology, among others.
- Headquarter Santa Monica, United States
- Employees 4 as on 31 Dec, 2021
- Founders Vishal Dubey, Eric Wang, Kahlil Lalji
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Ivella, Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.1 M (USD)
in 3 rounds
-
Latest Funding Round
$3.5 M (USD), Series A
Jun 06, 2022
-
Investors
Anthemis Group
& 6 more
-
Employee Count
4
as on Dec 31, 2021
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Ivella
Ivella offers a comprehensive portfolio of products and services, including Split Account, Fun Fund, Personal Account, Family Account, and Joint Account. 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.
Tool for dividing funds among users for shared expenses.
Account for managing recreational or fun-related expenditures.
Platform for individual expense tracking and management.
Tool for handling shared family financial allocations.
System for co-managing funds between two parties.
Unlock access to complete
Unlock access to complete
Funding Insights of Ivella
Ivella has successfully raised a total of $4.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in June 2022. 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 Series A — $3.5M
-
First Round
First Round
(17 Jun 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Ivella | Valuation |
investors |
|
| Aug, 2021 | Amount | Seed - Ivella | Valuation |
investors |
|
| Jun, 2021 | Amount | Seed - Ivella | 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 Ivella
Ivella has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Anthemis Group, Financial Venture Studio and Soma Capital. 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 |
|---|---|---|---|---|
|
Early and growth-stage startups are funded by Anthemis Group.
|
Founded Year | Domain | Location | |
|
Early-stage financial services startups are invested in and incubated.
|
Founded Year | Domain | Location | |
|
Early-stage investments are provided by Soma Capital to startups.
|
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 Ivella
| 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 - Ivella
| 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 |
Ivella Comparisons
Competitors of Ivella
Ivella 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 Tricount, Honeydue, Tandem, Monshare and Peas Technology, 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 |
Group expenses are tracked and settled through a mobile app.
|
|
| domain | founded_year | HQ Location |
Expense management for couples is enabled via mobile app.
|
|
| domain | founded_year | HQ Location |
Online expenses sharing is enabled for couples through the platform.
|
|
| domain | founded_year | HQ Location |
Provides expense management solutions designed for couples to track and organize finances.
|
|
| domain | founded_year | HQ Location |
AI-powered joint banking solutions for couples are provided.
|
| 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.
|
Frequently Asked Questions about Ivella
When was Ivella founded?
Ivella was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Ivella located?
Ivella is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Ivella?
Kahlil Lalji is the current CEO of Ivella. They have also founded this company.
Is Ivella a funded company?
Ivella is a funded company, having raised a total of $4.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $475K, raised on Jun 17, 2021.
How many employees does Ivella have?
As of Dec 31, 2021, the latest employee count at Ivella is 4.
What does Ivella do?
Ivella was founded in 2020 in Santa Monica, United States, as a fintech platform focused on expense management for couples. Transactions are automatically divided based on user-defined ratios via the app. A Mastercard debit card is provided to each couple for shared use. Features include adding funds independently, tracking expenditures, and transferring money between accounts. Operations are centered on simplifying joint financial tracking in the personal finance sector.
Who are the top competitors of Ivella?
What products or services does Ivella offer?
Ivella offers Split Account, Fun Fund, Personal Account, Family Account, and Joint Account.
Who are Ivella's investors?
Ivella has 7 investors. Key investors include Anthemis Group, Financial Venture Studio, Soma Capital, Y Combinator, and Joshua Browder.