Reeelit

Los Angeles, United States Founded: 2016 • Age: 10 yrs Acquired By SUMA
Savings management platform

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
  • Sectors
    Technology
  • Email
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  • Website joinreel.co
  • Social LinkedIn X Facebook
  • Acquired by SUMA (Feb 2023)
Key Metrics

Investors in Reeelit

Reeelit has secured backing from 1 investor. Prominent investors backing the company include SUMA Wealth.

All
InvestorDescriptionFounded YearDomainLocation
App-based financial planning and advisory services for individuals are provided.
2020sumawealth.comLos Angeles, United States
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Investor details for Reeelit

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People of Reeelit

3 people are tracked at Reeelit (3 in leadership).

NameRoleGroup
Daniela Corrente
Co-FounderLeadership
Cansel Eryiğit
Chief Executive OfficerLeadership
Alexandra Satine
Fractional COOLeadership
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Complete people profiles for Reeelit

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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.

  1. Founded Reeelit is founded.
  2. 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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
spave-app.com2018Red Wing, United States
Micro-investments are facilitated through card-linked savings on an iOS app.
satochi.io2017San Francisco, United States
Offers a spare change investment app for users.
moneyclouds.com2011Bellevue, United States$705,000
Money Cloud is a free iOS app that helps you deposit & set aside funds for each of your financial goals.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Commission-free trading and investment services are provided by Robinhood.
2013Menlo Park, California, United StatesUSD 5.58 BUSD 2.98 B4,841
Financial data and investment advisory tools are offered online.
1984Chicago, Illinois, United StatesUSD 91 MUSD 351.25 K6
App-based platform for spare change investment
2012Irvine, California, United StatesUSD 587.84 M602
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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.

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