About Money Clouds
Money Clouds is a Technology 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. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its legal entity is Quemulus, Inc. Its competitors include spave, InspirAVE and Reeelit.
Company details
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.
- Headquarters Bellevue, United States
- SectorsTechnology
- Email••••••••
- Website moneyclouds.com
- Social LinkedIn X Facebook Instagram
- Legal Name Quemulus, Inc.
- Total Equity Funding$705K (USD)
in 6 rounds
- Latest Funding Round$705K (USD), Seed
Aug 2015
Products & Services of Money Clouds
Money Clouds offers a comprehensive portfolio of products and services, including Money Clouds Account and Money Clouds Debit Card.
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 $705,000
- Total Rounds 6
- Last Round Seed — $705,000
All 6 funding rounds of Money Clouds with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2015 | $705,000 | Seed | – | – | – |
| Jun 2015 | $1.2M | Debt – Conventional | – | – | – |
| Dec 2013 | $325,000 | Debt – Conventional | – | – | – |
| Jun 2013 | Seed | – | – | – | |
| Jun 2012 | $100,000 | Debt – Conventional | – | – | – |
| Jun 2012 | Seed | – | – | – |
Timeline of Money Clouds
3 dated milestones of Money Clouds across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Money Clouds is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $705K.
Competitors of Money Clouds
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spave-app.com | 2018 | Red Wing, United States | Micro-investments are facilitated through card-linked savings on an iOS app. | |||
| inspirave.com | 2014 | Pittsburgh, United States | Funds are accumulated for big purchases through savings and discounts. | |||
| joinreel.co | 2016 | Los Angeles, United States | Savings management platform |
Detailed competitors of Money Clouds
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Money Clouds (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Frequently Asked Questions about Money Clouds
Money Clouds was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Money Clouds is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Money Clouds is a funded company, having raised a total of $705K across 6 funding rounds to date.
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.
Money Clouds offers Money Clouds Account and Money Clouds Debit Card.
Money Clouds operates through Quemulus, Inc..