About Pariti Technologies
Pariti Technologies is a Technology company based in London (United Kingdom) founded in 2014 by David Adams, and was acquired by Tandem in March 2018. Automated personal finance management. Pariti Technologies has raised $737.9 thousand across 3 funding rounds from investors including Tandem Bank, Innovtech and Index Ventures. Pariti Technologies was last valued at $3.1 million in September 2015. The company was acqui-hired. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its legal entity is PARITI TECHNOLOGIES LIMITED. Its competitors include Cleo AI, Plum and Snoop; 3 of its 3 listed competitors have raised funding.
Company details
Pariti Technologies was founded in 2014 in London, United Kingdom, within the fintech sector. Automated tools are provided for personal finance management, where upcoming income and bills are forecasted to determine weekly affordable spending amounts. Proactive warnings are issued to assist users in maintaining financial balance. Operations focus on digital services accessible through the pariti.com domain.
- Headquarters London, United Kingdom
- Founders David Adams
- Stage Acquired
- SectorsTechnology
- Website pariti.com
- Social LinkedIn
- Acquired by Tandem (Mar 2018)
- Legal Name Pariti Technologies Limited
- Total Equity Funding$737.9K (USD)
in 3 rounds
- Latest Funding Round$351.6K (USD), Seed
Sep 2015
- InvestorsTandem Bank
& 18 more
- Acquired byTandem
(Mar 2018)
Funding Insights of Pariti Technologies
Pariti Technologies has successfully raised a total of $737.9K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $351.6 thousand completed in September 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 $737,900
- Total Rounds 3
- Last Round Seed — $351,600
- First Round $386,300
(Mar 2015)
- Investors Count 18
All 3 funding rounds of Pariti Technologies 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 |
|---|---|---|---|---|---|
| Sep 2015 | $351,600 | Seed | $3.1M | Index Ventures | |
| Jun 2015 | Seed | – | – | ||
| Mar 2015 | $386,300 | Seed | $2.12M | evolvegroup.co.uk |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2015 | $3.1M | •••••••• |
| Mar 2015 | $2.12M | •••••••• |
Last known valuation $3.1M (Sep 2015). 19 investors in total: 5 institutional and 14 angel.
Investors in Pariti Technologies
Pariti Technologies has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Tandem Bank, Innovtech and Index Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
Introductions between investors and early-stage companies are facilitated for funding. | sfccapital.com | Northwich, United Kingdom | ||
BG Benjamin Gallop | unknown_dc7e9d466dc34b8a9 | |||
AB Andrei Boros | unknown_873193cc142e4b5f9 | |||
MT Mark Tayler | Indian angel investor with focus on early-stage startups. | unknown_46394e2ea4064a2a9 | ||
NT Nicholas Thomsom | unknown_70e866906cc64b699 | |||
TC Timothy Crewsick | Angel investor and advisor, focused on Indian startups and technology. | unknown_61f571d6f0f543cfb | ||
SM Simon Menashy | British-Indian angel investor, Partner at MMC Ventures, focuses on tech startups | unknown_19c149d7fce048beb | ||
AF Adrian Fraser | unknown_798f9edd14d249c3a | |||
CB Colin Brown | unknown_bcf578368c3b4aac9 |
Investor details for Pariti Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Pariti Technologies
1 people are tracked at Pariti Technologies (1 in leadership).
| Name | Role | Group |
|---|---|---|
David Adams | Co-Founder | Leadership |
Complete people profiles for Pariti Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Pariti Technologies
5 dated milestones of Pariti Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Pariti Technologies is founded.
- Funding First funding round of $386K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $352K.
- Exit Acquired by Tandem.
Competitors of Pariti Technologies
Pariti Technologies has 3 listed competitors in our database, 3 of them funded. They include Cleo AI, Plum and Snoop.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| meetcleo.com | 2015 | London, United Kingdom | $175.49M | 74 | Cloud and AI-based chatbots for personal finance management are offered. | |
| withplum.com | 2016 | London, United Kingdom | $75.78M | 150 | AI-based platform for automated personal spend management is provided. | |
| snoop.app | 2018 | London, United Kingdom | $42.32M | 27 | Expense management for individuals is enabled via a mobile app. |
Detailed competitors of Pariti Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Pariti Technologies (Investment & Financial Technology) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online data source platform for information, analytics, and solutions for governments and financial markets | 1959 | London, England, United Kingdom | USD 1.41 B | |||
AI-based platform for automated personal spend management is provided. | 2016 | London, England, United Kingdom | USD 75.78 M |
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Frequently Asked Questions about Pariti Technologies
Pariti Technologies was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Pariti Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Pariti Technologies is a funded company, having raised a total of $737.9K across 3 funding rounds to date. The company's 1st funding round was a Seed of $386.3K, raised on Mar 2015.
Pariti Technologies was founded in 2014 in London, United Kingdom, within the fintech sector. Automated tools are provided for personal finance management, where upcoming income and bills are forecasted to determine weekly affordable spending amounts. Proactive warnings are issued to assist users in maintaining financial balance. Operations focus on digital services accessible through the pariti.com domain.
Pariti Technologies has 19 investors. Key investors include Tandem Bank, Innovtech, Index Ventures, Benjamin Gallop, and Andrei Boros.
The valuation of Pariti Technologies is $3.1M as of Sep 2015.
Pariti Technologies operates through Pariti Technologies Limited.
Yes. Pariti Technologies was acquired by Tandem in March 2018.