About PennyOwl
PennyOwl is a company based in New York (United States) founded in 2012.. PennyOwl has raised $1.3 million across 1 funding round from investors including SVB and Enterprise Ireland. PennyOwl operates in a competitive market with competitors including Zeta, Status Money, ePOP, Good Budget and Doughnet, among others.
- Headquarter New York, United States
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Sectors
Technology
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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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Total Equity Funding
$1.3 M (USD)
in 1 rounds
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Latest Funding Round
$1.3 M (USD), Seed
Jun 04, 2015
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Investors
SVB
& 1 more
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Employee Count
Employee Count
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Funding Insights of PennyOwl
PennyOwl has successfully raised a total of $1.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.3 million completed in June 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.3M
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First Round
First Round
(04 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Seed - PennyOwl | 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 PennyOwl
PennyOwl has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SVB and Enterprise Ireland. 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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Banking services are provided to innovative companies, investors, and individuals.
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Founded Year | Domain | Location | |
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Support is provided to Irish manufacturing and service sector 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 PennyOwl
| 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.
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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 - PennyOwl
| 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 |
Pennyowl Comparisons
Competitors of PennyOwl
PennyOwl 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 Zeta, Status Money, ePOP, Good Budget and Doughnet, 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 |
Financial solutions are offered by Zeta for couples and families.
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| domain | founded_year | HQ Location |
User finances are analyzed and optimized via a management platform.
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| domain | founded_year | HQ Location |
Digital receipt aggregation for individuals
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| domain | founded_year | HQ Location |
Income is allocated to categorized envelopes for mobile budgeting.
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| domain | founded_year | HQ Location |
Provides financial education and online transactions for teens.
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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 PennyOwl
When was PennyOwl founded?
PennyOwl was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is PennyOwl located?
PennyOwl is headquartered in New York, United States. It is registered at New York, New York, United States.
Is PennyOwl a funded company?
PennyOwl is a funded company, having raised a total of $1.3M across 1 funding round to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 04, 2015.
What does PennyOwl do?
PennyOwl is a mobile app which provides a suite of tools to teach children about money management. Parents can lodge pocket money into a childs PennyOwl account through a linked credit card and the balance can be spent on toys, books or games in PennyOwls curated store, which is a controlled, age-appropriate environment. The money is only taken from the credit card once the child spends it.
Who are the top competitors of PennyOwl?
PennyOwl's top competitors include Zeta, ePOP and Good Budget.
Who are PennyOwl's investors?
PennyOwl has 2 investors. Key investors include SVB, and Enterprise Ireland.