About PawnGuru
PawnGuru is a company based in Detroit (United States) founded in 2014. It operates as a Marketplace. PawnGuru has raised $3.88 million across 2 funding rounds from investors including Impact America Fund, Invest Detroit and Mucker. The company has 6 employees as of December 31, 2022. PawnGuru operates in a competitive market with competitors including Zillidy and PawnLoan, among others.
- Headquarter Detroit, United States
- Employees 6 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pawnguru Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.88 M (USD)
in 2 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Feb 14, 2018
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Investors
Impact America Fund
& 2 more
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Employee Count
6
as on Dec 31, 2022
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Funding Insights of PawnGuru
PawnGuru has successfully raised a total of $3.88M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in February 2018. 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 Funding
- Total Rounds 2
- Last Round Series A — $2.5M
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First Round
First Round
(01 Aug 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - PawnGuru | Valuation | Impact America Fund , Invest Detroit |
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| Aug, 2016 | Amount | Seed - PawnGuru | Valuation | Invest Detroit |
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| 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 PawnGuru
PawnGuru has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Impact America Fund, Invest Detroit and Mucker. 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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Venture capital firm investing in early-stage companies
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Founded Year | Domain | Location | |
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Seed-focused venture capital firm investing in tech-based startups
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Founded Year | Domain | Location | |
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Accelerator and venture capital firm
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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 PawnGuru
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - PawnGuru
| 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 |
Pawnguru Comparisons
Competitors of PawnGuru
PawnGuru 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 Zillidy and PawnLoan, 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 |
A Canadian platform for alternative lending via online pawning services.
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| domain | founded_year | HQ Location |
Provides asset-backed loans secured against luxury items.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 PawnGuru
When was PawnGuru founded?
PawnGuru was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is PawnGuru located?
PawnGuru is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is PawnGuru a funded company?
PawnGuru is a funded company, having raised a total of $3.88M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.38M, raised on Aug 01, 2016.
How many employees does PawnGuru have?
As of Dec 31, 2022, the latest employee count at PawnGuru is 6.
What does PawnGuru do?
PawnGuru operates a digital marketplace connecting users for pawn loans and transactions, focusing on offering financial products and advice, lending and credit, pawn loans, and digital marketplace. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are PawnGuru's investors?
PawnGuru has 3 investors. Key investors include Impact America Fund, Invest Detroit, and Mucker.