About MaxRewards
MaxRewards is a company based in Atlanta (United States) founded in 2016 by David Gao.. MaxRewards has raised $3 million across 2 funding rounds from investors including Techstars, Dundee Venture Capital and Calano Funds. The company has 7 employees as of December 31, 2024. MaxRewards operates in a competitive market with competitors including Venmo, MoneyGram, Verse, NALA and Papara, among others.
- Headquarter Atlanta, United States
- Employees 7 as on 31 Dec, 2024
- Founders David Gao
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Maxrewards, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3 M (USD)
in 2 rounds
-
Latest Funding Round
$3 M (USD), Seed
Sep 10, 2021
-
Investors
Techstars
& 7 more
-
Employee Count
7
as on Dec 31, 2024
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
Unlock access to complete
Funding Insights of MaxRewards
MaxRewards has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in September 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 2
- Last Round Seed — $3.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - MaxRewards | Valuation | Dundee Venture Capital , Calano Funds | |
| Jul, 2019 | Amount | Seed - MaxRewards | Valuation | Techstars Atlanta , Cox Enterprises |
|
| 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 MaxRewards
MaxRewards has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Techstars, Dundee Venture Capital and Calano Funds. 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 |
|---|---|---|---|---|
|
Seed funding is offered by Dundee Venture Capital.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Fintech Ventures Fund is focused on supporting fintech 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 MaxRewards
| 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 - MaxRewards
| 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 |
Maxrewards Comparisons
Competitors of MaxRewards
MaxRewards 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 Venmo, MoneyGram, Verse, NALA and Papara, 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 |
Consumer payments are enabled via a mobile digital wallet app.
|
|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
|
|
| domain | founded_year | HQ Location |
Digital wallet for consumer and business payments is provided.
|
|
| domain | founded_year | HQ Location |
Cross-border remittances are enabled online for individuals worldwide.
|
|
| domain | founded_year | HQ Location |
Money transfers and bill payments are enabled via mobile wallet.
|
|
| domain | founded_year | HQ Location |
Direct-to-consumer ad-subsidised payments network
|
| 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 MaxRewards
When was MaxRewards founded?
MaxRewards was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is MaxRewards located?
MaxRewards is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is MaxRewards a funded company?
MaxRewards is a funded company, having raised a total of $3M across 2 funding rounds to date.
How many employees does MaxRewards have?
As of Dec 31, 2024, the latest employee count at MaxRewards is 7.
What does MaxRewards do?
MaxRewards was founded in 2016 and is headquartered in Atlanta, United States. Operations focus on fintech through a mobile application available on iOS and Android platforms. Services encompass money transfers, bill payments, interactions with online merchants, credit score monitoring, and additional financial tools tailored for individual users. The platform supports everyday personal finance management across these areas.
Who are the top competitors of MaxRewards?
Who are MaxRewards's investors?
MaxRewards has 8 investors. Key investors include Techstars, Dundee Venture Capital, Calano Funds, Fintech Ventures Fund, and Service Provider Capital.