About Savedo
Savedo is a company based in Berlin (Germany) founded in 2014 was acquired by Deposit Solutions in August 2017. Savedo has raised $7.6 million across 4 funding rounds from investors including Kreos Capital, Deposit Solutions and FinLeap. The company has 40 employees as of December 31, 2017. Savedo offers products and services including Festgeld, Tagesgeld, and ETF. Savedo operates in a competitive market with competitors including American Express, Raisin, Verivox, Compeon and WeltSparen, among others.
- Headquarter Berlin, Germany
- Employees 40 as on 31 Dec, 2017
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Savedo Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.6 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Series A
Jun 16, 2016
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Investors
Kreos Capital
& 9 more
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Employee Count
40
as on Dec 31, 2017
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Acquired by
Deposit Solutions
(Aug 14, 2017)
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Products & Services of Savedo
Savedo offers a comprehensive portfolio of products and services, including Festgeld, Tagesgeld, and ETF.
Fixed-term deposit for earning interest on savings
Flexible account for daily access to funds
Exchange-traded funds for diversified portfolio building
People of Savedo
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Funding Insights of Savedo
Savedo has successfully raised a total of $7.6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in June 2016. 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.
Investors in Savedo
Savedo has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Kreos Capital, Deposit Solutions and FinLeap.
| Investor | Description | Founded Year | Domain | Location |
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A venture capital-backed startup studio is focused on fintech innovation.
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Venture debt is provided to growth-stage companies across multiple sectors.
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VC firm investing in early & growth stage tech companies in Europe
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Locked | Locked | Locked |
Investor details for Savedo
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Savedo
Investment portfolio details for Savedo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Savedo
Detailed financials for Savedo
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Savedo Comparisons
Peer comparison for Savedo
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Savedo
Savedo 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 American Express, Raisin, Verivox, Compeon and WeltSparen, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Financial products for individuals and businesses are compared online.
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Comparison platform for bank accounts
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Comparison platform for financial and electronic products
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Business financial products are compared online via Compeon platform.
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| Locked | Locked | Locked |
Investment products and services are compared online.
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Detailed competitors of Savedo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on Savedo
Frequently Asked Questions about Savedo
Savedo was founded in 2014.
Savedo is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Savedo is a funded company, having raised a total of $7.6M across 4 funding rounds to date.
As of Dec 31, 2017, the latest employee count at Savedo is 40.
Savedo was founded in 2014 and is based in Berlin, Germany. An online platform is operated in the fintech sector, where fixed-term deposit rates from multiple banks are aggregated. Competitive rates and terms are presented to users, with options for investing abroad in various deposit products. Services focus on comparison tools to facilitate informed investment decisions across European markets.
Savedo's top competitors include American Express, Verivox and Raisin.
Savedo offers Festgeld, Tagesgeld, and ETF.
Savedo has 10 investors. Key investors include Kreos Capital, Deposit Solutions, FinLeap, WELT, and German Startups Group.