About SaveUp
SaveUp is a company based in San Francisco (United States) founded in 2011.. SaveUp has raised $6.05 million across 2 funding rounds from investors including True Ventures and BlueRun Ventures. The company has 4 employees as of December 31, 2014. SaveUp operates in a competitive market with competitors including Digit, Tala, Qapital, Finnt and Seashell, among others.
- Headquarter San Francisco, United States
- Employees 4 as on 31 Dec, 2014
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Saveup, 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
$6.05 M (USD)
in 2 rounds
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Latest Funding Round
$4.05 M (USD), Series A
Jul 24, 2012
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Investors
True Ventures
& 2 more
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Employee Count
4
as on Dec 31, 2014
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Acquired by
N/A
(Dec 31, 2014)
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Funding Insights of SaveUp
SaveUp has successfully raised a total of $6.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.05 million completed in July 2012. 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 — $4.1M
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First Round
First Round
(15 Sep 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series A - SaveUp | Valuation | True Ventures , BlueRun Ventures |
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| Sep, 2011 | Amount | Seed - SaveUp | 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 SaveUp
SaveUp has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include True Ventures and BlueRun Ventures. 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 supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Venture capital firm that invests in fintech, digital health, enterprise software, and consumer experiences.
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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 SaveUp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - SaveUp
| 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 |
Saveup Comparisons
Competitors of SaveUp
SaveUp 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 Digit, Tala, Qapital, Finnt and Seashell, 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 |
Money is automatically saved for users by a mobile app.
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Micro-savings enabled via automated transfers in a mobile app.
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| domain | founded_year | HQ Location |
Decentralized platform for financial products
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| domain | founded_year | HQ Location |
Savings accounts for individuals are facilitated via a mobile app.
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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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Latest news on Saveup
Frequently Asked Questions about SaveUp
When was SaveUp founded?
SaveUp was founded in 2011.
Where is SaveUp located?
SaveUp is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SaveUp a funded company?
SaveUp is a funded company, having raised a total of $6.05M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Sep 15, 2011.
How many employees does SaveUp have?
As of Dec 31, 2014, the latest employee count at SaveUp is 4.
What does SaveUp do?
SaveUp is a rewards program for saving money and reducing debt. Users earn SaveUp credits for every dollar saved or debt reduced and can use these credits to play for prizes ranging from travel, cars to even a 2M jackpot. While using SaveUp users are provided financial education, suggestions to improve their financial circumstances and better financial services. SaveUp can be used with 18,000 financial institutions in the US including rewards for savings accounts, 401k, IRA, or reducing debts like credit cards, car loans, student loans and mortgages.
Who are SaveUp's investors?
SaveUp has 2 investors. Key investors include True Ventures, and BlueRun Ventures.
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