About Joust
Joust is a company based in Denver (United States) founded in 2015 was acquired by ZenBusiness in July 2020.. Joust has raised $7.88 million across 5 funding rounds from investors including ZenBusiness, Accion and Techstars. Joust operates in a competitive market with competitors including Lili, Joust Bank, WorkMade and Gigbanc, among others.
- Headquarter Denver, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.88 M (USD)
in 5 rounds
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Latest Funding Round
$2.6 M (USD), Seed
Dec 18, 2019
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Investors
ZenBusiness
& 4 more
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Employee Count
Employee Count
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Acquired by
ZenBusiness
(Jul 30, 2020)
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Funding Insights of Joust
Joust has successfully raised a total of $7.88M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.6 million completed in December 2019. 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 Seed — $2.6M
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First Round
First Round
(07 Dec 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Joust | Valuation | PTB Ventures | |
| Jun, 2019 | Amount | Seed - Joust | Valuation |
investors |
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| Feb, 2019 | Amount | Seed - Joust | 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 Joust
Joust has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ZenBusiness, Accion and Techstars. 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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PTB Ventures is focused on digital identity ecosystem investments.
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Founded Year | Domain | Location | |
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Early-stage financial services startups are invested in and incubated.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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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 Joust
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Joust
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Joust Comparisons
Competitors of Joust
Joust 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 Lili, Joust Bank, WorkMade and Gigbanc, 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 |
Digital banking services are offered to freelancers.
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| domain | founded_year | HQ Location |
App-based invoice management solutions are offered to businesses and freelancers.
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| domain | founded_year | HQ Location |
Digital banking services are offered to freelancers via partnerships.
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| domain | founded_year | HQ Location |
Operates as an internet-first bank, partnering to provide financial services for freelancers.
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| 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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Latest news on Joust
Frequently Asked Questions about Joust
When was Joust founded?
Joust was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Joust located?
Joust is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Joust a funded company?
Joust is a funded company, having raised a total of $7.88M across 5 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Dec 07, 2017.
What does Joust do?
Internet-first bank through bank partnership for self-employed. It offers complete digital business banking services with FDIC-insured savings accounts, debit cards, bill payments, account transfers, payment reminders, invoice protection, and more.
Who are the top competitors of Joust?
Joust's top competitors include Lili, Joust Bank and WorkMade.
Who are Joust's investors?
Joust has 5 investors. Key investors include ZenBusiness, Accion, Techstars, PTB Ventures, and Financial Venture Studio.