About Jassby
Jassby is a company based in Waltham (United States) founded in 2017.. Jassby has raised $7.92 million across 5 funding rounds from investors including Plug and Play Tech Center, Needham Bank and Moneta Capital Partners. Jassby offers products and services including Debit Cards for Group Travel, Credit Card Programs, and Debit Card for Families. Jassby operates in a competitive market with competitors including Greenlight, gohenry, BusyKid, DoughMain and Kachinga, among others.
- Headquarter Waltham, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Jassby, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.92 M (USD)
in 5 rounds
-
Latest Funding Round
$2.92 M (USD), Series A
Jan 11, 2021
-
Investors
Plug and Play Tech Center
& 5 more
-
Employee Count
Employee Count
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 Jassby
Jassby offers a comprehensive portfolio of products and services, including Debit Cards for Group Travel, Credit Card Programs, and Debit Card for Families. 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.
Manages allotments and purchases for group travelers with flexibility.
Handles full service for branded card programs and revenue generation.
Supports financial learning and money management for kids and teens.
Unlock access to complete
Funding Insights of Jassby
Jassby has successfully raised a total of $7.92M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.92 million completed in January 2021. 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 5
- Last Round Series A — $2.9M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series A - Jassby | Valuation |
investors |
|
| Mar, 2020 | Amount | Series A - Jassby | Valuation | Moneta Capital Partners , Needham Bank | |
| Oct, 2019 | Amount | Debt – Conventional - Jassby | 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 Jassby
Jassby has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Needham Bank and Moneta Capital Partners. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in early and growth stage technology companies.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
|
Founded Year | Domain | Location | |
|
Startups are accelerated and invested in across multiple tech sectors.
|
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 Jassby
| 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 - Jassby
| 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 |
Jassby Comparisons
Competitors of Jassby
Jassby 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 Greenlight, gohenry, BusyKid, DoughMain and Kachinga, 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 |
App-based investment platform for kids and teens is operated.
|
|
| domain | founded_year | HQ Location |
Prepaid cards for children with parental spending controls are provided.
|
|
| domain | founded_year | HQ Location |
Financial learning tools and payment cards for children are provided.
|
|
| domain | founded_year | HQ Location |
Family financial tools and prepaid cards for children are offered.
|
|
| domain | founded_year | HQ Location |
Financial literacy for children is delivered through a mobile platform.
|
| 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 Jassby
Frequently Asked Questions about Jassby
When was Jassby founded?
Jassby was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Jassby located?
Jassby is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is Jassby a funded company?
Jassby is a funded company, having raised a total of $7.92M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Oct 18, 2018.
What does Jassby do?
Jassby was founded in 2017 in Waltham, United States, within the fintech sector focused on youth financial education. A platform is provided for setting budgets, sending payments, and enabling shopping among children. Funds are shared by parents to support financial literacy. A virtual debit card, powered by Mastercard, is offered for in-store transactions, with operations centered in the U.S. market.
Who are the top competitors of Jassby?
Jassby's top competitors include Greenlight, gohenry and BusyKid.
What products or services does Jassby offer?
Jassby offers Debit Cards for Group Travel, Credit Card Programs, and Debit Card for Families.
Who are Jassby's investors?
Jassby has 6 investors. Key investors include Plug and Play Tech Center, Needham Bank, Moneta Capital Partners, Blumberg Capital, and Correlation Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.