About NuMoola
NuMoola is a company based in Pittsburgh (United States) founded in 2017 by Eric Redline and James Haluszczak.. NuMoola offers products and services including NuMoola App and Kids Debit Cards. NuMoola operates in a competitive market with competitors including Finimize, Investview, Female Invest, CityFALCON and BusyKid, among others.
- Headquarter Pittsburgh, United States
- Founders Eric Redline, James Haluszczak
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Sectors
TechnologyEducation
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$256 K (USD), Grant
Sep 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of NuMoola
NuMoola offers a comprehensive portfolio of products and services, including NuMoola App and Kids Debit Cards. 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.
Mobile app for teaching kids financial literacy through money management.
Secure cards allowing children to spend and learn about finances responsibly.
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Funding Insights of NuMoola
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $256,000
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First Round
First Round
(01 Sep 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Grant - NuMoola | Valuation |
investors |
| 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 NuMoola
NuMoola has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation. 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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A government-backed foundation providing seed-stage investments to support small businesses.
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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 NuMoola
| 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 - NuMoola
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Numoola Comparisons
Competitors of NuMoola
NuMoola 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 Finimize, Investview, Female Invest, CityFALCON and BusyKid, 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 |
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| domain | founded_year | HQ Location |
Financial news app
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| domain | founded_year | HQ Location |
Online financial management training and resources are provided.
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| domain | founded_year | HQ Location |
Personal finance and investment training is delivered digitally to women.
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| domain | founded_year | HQ Location |
AI-powered financial news and content platform
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| domain | founded_year | HQ Location |
Financial learning tools and payment cards for children are provided.
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| domain | founded_year | HQ Location |
Online platform offering financial literacy courses for kids
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 NuMoola
When was NuMoola founded?
NuMoola was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is NuMoola located?
NuMoola is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of NuMoola?
Eric Redline is the current CEO of NuMoola. They have also founded this company.
What does NuMoola do?
Founded in 2017 in Pittsburgh, United States, the platform operates in the financial education sector for children. Services include management of chores, budgets, and allowances through an app featuring an online piggy bank, gaming elements, rewards, and penalties. Goals for the future are set, and connections to charities are facilitated, with adult oversight integrated into interactions.
Who are the top competitors of NuMoola?
NuMoola's top competitors include Investview, Female Invest and BusyKid.
What products or services does NuMoola offer?
NuMoola offers NuMoola App and Kids Debit Cards.
Who are NuMoola's investors?
NuMoola has 1 investor. Key investors include National Science Foundation.