About Money Clouds
Money Clouds is a company based in Bellevue (United States) founded in 2011.. Money Clouds has raised $705 thousand across 6 funding rounds. Money Clouds offers products and services including Money Clouds Account and Money Clouds Debit Card. Money Clouds operates in a competitive market with competitors including Carbeeza, spave, InspirAVE, Reeelit and Satochi, among others.
- Headquarter Bellevue, United States
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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 Quemulus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$705 K (USD)
in 6 rounds
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Latest Funding Round
$705 K (USD), Seed
Aug 04, 2015
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Investors
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Employee Count
Employee Count
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Products & Services of Money Clouds
Money Clouds offers a comprehensive portfolio of products and services, including Money Clouds Account and Money Clouds Debit Card. 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.
Account for managing and sharing daily expenses without joint banking.
Debit card for spending from shared funds without account merging.
Funding Insights of Money Clouds
Money Clouds has successfully raised a total of $705K across 6 strategic funding rounds. The most recent funding activity was a Seed round of $705 thousand completed in August 2015. 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 6
- Last Round Seed — $705,000
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Seed - Money Clouds | Valuation |
investors |
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| Jun, 2015 | Amount | Debt – Conventional - Money Clouds | Valuation |
investors |
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| Dec, 2013 | Amount | Debt – Conventional - Money Clouds | 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 |
Investments & Acquisitions by Money Clouds
| 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 - Money Clouds
| 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 |
Money Clouds Comparisons
Competitors of Money Clouds
Money Clouds 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 Carbeeza, spave, InspirAVE, Reeelit and Satochi, 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 savings platform for consumer goods
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| domain | founded_year | HQ Location |
Micro-investments are facilitated through card-linked savings on an iOS app.
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| domain | founded_year | HQ Location |
Funds are accumulated for big purchases through savings and discounts.
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| domain | founded_year | HQ Location |
Savings management platform
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| domain | founded_year | HQ Location |
Offers a spare change investment app for users.
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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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Frequently Asked Questions about Money Clouds
When was Money Clouds founded?
Money Clouds was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Money Clouds located?
Money Clouds is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Is Money Clouds a funded company?
Money Clouds is a funded company, having raised a total of $705K across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $325K, raised on Jun 01, 2012.
What does Money Clouds do?
Money Cloud is a free iOS app that helps you deposit set aside funds for each of your financial goals. It works just like using envelopes for saving money back in the day. You set up different Money Clouds for different things you want to save for like a wedding, car or vacation. Then, you deposit money into the clouds as you work toward your goal.You can also contribute to your friends clouds to make it easier to collect money for group projects. The funds are protected by FDIC and your private information is collected, stored, and adheres to strict PCI compliance standards. App is soon coming to US, people can signup for beta version. Most of the companys services are free except for some like wire transfer, insufficient funds etc.
Who are the top competitors of Money Clouds?
What products or services does Money Clouds offer?
Money Clouds offers Money Clouds Account and Money Clouds Debit Card.