Myprosperity

Melbourne, Australia Founded: 2013 • Age: 13 yrs Acquired By HUB24
Financial accounts are aggregated in a unified personal finance platform.
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About Myprosperity

Myprosperity is a company based in Melbourne (Australia) founded in 2013 was acquired by HUB24 in May 2023.. Myprosperity has raised $3.18 million across 2 funding rounds from investors including HUB24. Myprosperity offers products and services including Client Portal and Integration Marketplace. Myprosperity operates in a competitive market with competitors including Household Capital, Spirit Super, SuperEd, Map My Plan and Provider Choice, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.18 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.9 M (USD), Series A

    Apr 03, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    HUB24

    (May 03, 2023)

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Products & Services of Myprosperity

Myprosperity offers a comprehensive portfolio of products and services, including Client Portal and Integration Marketplace. 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.

Primary

Platform for secure client interactions and document management for professionals.

Hub for seamless tool integrations to enhance accounting workflows.

People of Myprosperity
Headcount 10-50
Employee Profiles 3
Board Members and Advisors 2
Employee Profiles
People
Liam Clancy
Program Delivery Manager
People
Erin Klein
Training And Education Specialist

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Board Members and Advisors
people
Marcus Fletcher
Director
people
Shane Pettiona
Director

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Funding Insights of Myprosperity

Myprosperity has successfully raised a total of $3.18M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.9 million completed in April 2017. 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 Rounds 2
  • Last Round Series A — $1.9M
  • First Round

    (01 Mar 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2017 Amount Series A - Myprosperity Valuation

investors

Mar, 2016 Amount Seed - Myprosperity 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 Myprosperity

Myprosperity has secured backing from 1 investor. Prominent investors backing the company include HUB24. 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.

All
Investor Description Founded Year Domain Location
Portfolio management solutions are provided for wealth managers.
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 Myprosperity

Investments
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 - Myprosperity

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Myprosperity Comparisons

Employees
+
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Competitors of Myprosperity

Myprosperity 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 Household Capital, Spirit Super, SuperEd, Map My Plan and Provider Choice, 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
Home loans are provided to Australian households by Household Capital.
domain founded_year HQ Location
Functions as an app-based platform for financial planning and wealth management.
domain founded_year HQ Location
Online solutions for retirement planning and advice are offered.
domain founded_year HQ Location
Online financial planning road maps are generated for users.
domain founded_year HQ Location
Financial planning and advisory 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 Myprosperity

HUB24’s Acquisition of Shares in myprosperity
Globallegalchronicle2 years ago
HUB24 to acquire myprosperity
Australianfintech2 years ago

Frequently Asked Questions about Myprosperity

When was Myprosperity founded?

Myprosperity was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is Myprosperity located?

Myprosperity is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Is Myprosperity a funded company?

Myprosperity is a funded company, having raised a total of $3.18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.28M, raised on Mar 01, 2016.

What does Myprosperity do?

Myprosperity was founded in 2013 in Melbourne, Australia, as a platform in the personal finance sector. Bank accounts, credit cards, home loans, and investment loans are consolidated under a single login for users. Connections to financial professionals are facilitated online for advice and services. Free reports are generated, personalized tools are offered, and financial goals are created and tracked to support management. Operations are centered in Australia.

Who are the top competitors of Myprosperity?

Myprosperity's top competitors include One Click Group, SuperEd and Household Capital.

What products or services does Myprosperity offer?

Myprosperity offers Client Portal and Integration Marketplace.

Who are Myprosperity's investors?

Myprosperity has 1 investor. Key investors include HUB24.

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