OMEGA89

Oakland, United States Founded: 2019 • Age: 7 yrs
Banking platform and debit cards are offered for teenagers.
Annual revenue $213,090 Latest available
Total funding $394,526 3 rounds
Employees - Tracked headcount
Investors 30 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About OMEGA89

OMEGA89 is a company based in Oakland (United States) founded in 2019. It operates as a Freemium. OMEGA89 has raised $394.53 thousand across 3 funding rounds from investors including Wellfound, Y Combinator and Hypotenuse Capital. OMEGA89 offers products and services including Online Slot Platform. OMEGA89 operates in a competitive market with competitors including Greenlight, FamApp, Junio, YPay Card and Funngro, among others.

  • Headquarter Oakland, United States
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Walrus Labs Private Limited
  • Date of Incorporation 20 Jun, 2019
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $213.09 K (USD)
    5485.5
    as on Mar 31, 2022
  • Net Profit
    -$9.44 K (USD)
    93.96
    as on Mar 31, 2022
  • EBITDA
    -$186.33 K (USD)
    -31.41
    as on Mar 31, 2022
  • Total Equity Funding
    $394.53 K (USD)

    in 3 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Sep 02, 2021

  • Investors
    Wellfound

    & 29 more

  • Employee Count
    Not available
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Products & Services of OMEGA89

OMEGA89 offers a comprehensive portfolio of products and services, including Online Slot Platform.

Product name locked
Category locked
Primary

Online slot games are offered for user entertainment.

Funding Insights of OMEGA89

OMEGA89 has successfully raised a total of $394.53K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand 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.

Investors in OMEGA89

OMEGA89 has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Y Combinator and Hypotenuse Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Early-stage companies are invested in by Better Capital.
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Startup jobs are connected to individuals via a dedicated platform.
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Investor details for OMEGA89

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  • Investor locations
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Investments & Acquisitions by OMEGA89

Investments
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Investment portfolio details for OMEGA89

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Financial Statements - OMEGA89

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Detailed financials for OMEGA89

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Omega89 Comparisons

OMEGA89 Primary company
Description
Banking platform and debit cards are offered for teenagers.
Location
Oakland, United States
Founded Year
2019
Annual Revenue
$213.09 K (USD)
Net Profit
-$9.44 K (USD)
EBITDA
-$186.33 K (USD)
Employees
Not available
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Peer comparison for OMEGA89

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Competitors of OMEGA89

OMEGA89 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 Greenlight, FamApp, Junio, YPay Card and Funngro, among others.

Company Name Domain Founded year HQ Location Description
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App-based investment platform for kids and teens is operated.
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FamApp by Trio is focused on financial inclusion for the next generation through UPI and card payment solutions.
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Provider of a digital payment platform that offers a prepaid RuPay powered smartcard designed for students to manage their day-to-day online and offline expenses, track spending, and earn rewards
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Payment cards for teens are issued to manage personal spending.
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Earning platform for youngsters is provided via project-based freelancing.
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An app-based platform offering prepaid card services for users.
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Detailed competitors of OMEGA89

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Latest news on Omega89

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Complete news archive for OMEGA89

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Frequently Asked Questions about OMEGA89

OMEGA89 was founded in 2019 and raised its 1st funding round 1 year after it was founded.

OMEGA89 is headquartered in Oakland, United States. It is registered at Oakland, California, United States.

OMEGA89 is a funded company, having raised a total of $394.53K across 3 funding rounds to date.

Annual revenue of OMEGA89 is $213.09K as on Mar 31, 2022.

OMEGA89 is established as a trusted platform for online slot gaming. Various gaming options are provided to users seeking entertainment. A secure environment is maintained for players to engage easily. New member bonuses are offered to attract participants. The platform operates within the online gambling sector, focusing on user satisfaction through diverse game selections.

OMEGA89's top competitors include FamApp, Greenlight and Junio.

OMEGA89 offers Online Slot Platform.

OMEGA89 has 30 investors. Key investors include Wellfound, Y Combinator, Hypotenuse Capital, Yasmin M Khanbhai, and Lloyd Joel Dsilva.

The valuation of OMEGA89 is $1.87M as of Nov 2020.

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