About Reeelit
Reeelit is a Technology company based in Los Angeles (United States) founded in 2016 by Daniela Corrente, and was acquired by SUMA in February 2023. Savings management platform. The company was acqui-hired. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Savings Platforms. Its competitors include spave, Satochi and Money Clouds; 1 of its 3 listed competitors has raised funding.
Company details
Reeelit was founded in 2016 in Los Angeles, United States, as a fintech platform focused on savings management. Bank accounts are synced by users to establish weekly or monthly contributions toward selected items such as clothing or furniture. Progress is tracked automatically, with orders placed once the target amount is reached. Notifications are sent for price reductions on monitored products.
- Headquarters Los Angeles, United States
- Founders Daniela Corrente
- Stage Acquired
- SectorsTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website joinreel.co
- Social LinkedIn X Facebook
- Acquired by SUMA (Feb 2023)
- Investors
- Acquired bySUMA
(Feb 2023)
Investors in Reeelit
Reeelit has secured backing from 1 investor. Prominent investors backing the company include SUMA Wealth.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App-based financial planning and advisory services for individuals are provided. | 2020 | sumawealth.com | Los Angeles, United States |
Investor details for Reeelit
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People of Reeelit
3 people are tracked at Reeelit (3 in leadership).
| Name | Role | Group |
|---|---|---|
Daniela Corrente | Co-Founder | Leadership |
Cansel Eryiğit | Chief Executive Officer | Leadership |
Alexandra Satine | Fractional COO | Leadership |
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Timeline of Reeelit
2 dated milestones of Reeelit across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Reeelit is founded.
- Exit Acquired by SUMA.
Competitors of Reeelit
Reeelit has 3 listed competitors in our database, 1 of them funded. They include spave, Satochi and Money Clouds.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spave-app.com | 2018 | Red Wing, United States | Micro-investments are facilitated through card-linked savings on an iOS app. | |||
| satochi.io | 2017 | San Francisco, United States | Offers a spare change investment app for users. | |||
| moneyclouds.com | 2011 | Bellevue, United States | $705,000 | Money Cloud is a free iOS app that helps you deposit & set aside funds for each of your financial goals. |
Detailed competitors of Reeelit
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Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Reeelit (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Reeelit
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Frequently Asked Questions about Reeelit
Reeelit was founded in 2016.
Reeelit is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Reeelit was founded in 2016 in Los Angeles, United States, as a fintech platform focused on savings management. Bank accounts are synced by users to establish weekly or monthly contributions toward selected items such as clothing or furniture. Progress is tracked automatically, with orders placed once the target amount is reached. Notifications are sent for price reductions on monitored products.
Reeelit's top competitors include Money Clouds, spave and Satochi.
Reeelit has 1 investor. Key investors include SUMA Wealth.
Yes. Reeelit was acquired by SUMA in February 2023.

