About SigFig
SigFig is a company based in San Francisco (United States) founded in 2011.. SigFig has raised $160.75 million across 7 funding rounds from investors including UBS, Comerica and New York Life Insurance. The company has 52 employees as of April 06, 2024. SigFig offers products and services including Digital Wealth Platform, Digital Advice Pro, Digital Advice, and Engage. SigFig operates in a competitive market with competitors including Betterment, Stash, Wealthsimple, Wealthfront and Ellevest, among others.
- Headquarter San Francisco, United States
- Employees 52 as on 06 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Sigfig India Private Limited
- Date of Incorporation 12 Jul, 2017
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$1.84 M (USD)94.98as on Mar 31, 2023
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Net Profit
$180.69 K (USD)142.39as on Mar 31, 2023
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EBITDA
$256.39 K (USD)89.71as on Mar 31, 2023
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Total Equity Funding
$160.75 M (USD)
in 7 rounds
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Latest Funding Round
$50 M (USD), Series E
Jun 19, 2018
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Investors
UBS
& 10 more
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Employee Count
52
as on Apr 06, 2024
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Products & Services of SigFig
SigFig offers a comprehensive portfolio of products and services, including Digital Wealth Platform, Digital Advice Pro, Digital Advice, and Engage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing digital wealth solutions for institutions
Managed account system for efficient client advising
Client-led platform for simple digital investing
Tool for remote and hybrid client experiences
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Funding Insights of SigFig
SigFig has successfully raised a total of $160.75M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $50 million completed in June 2018. 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 7
- Last Round Series E — $50.0M
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First Round
First Round
(02 Jul 2013)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series E - SigFig | Valuation | General Atlantic | |
| Jun, 2018 | Amount | Series D - SigFig | Valuation |
investors |
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| May, 2016 | Amount | Debt – Conventional - SigFig | 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 SigFig
SigFig has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include UBS, Comerica and New York Life Insurance. 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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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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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 SigFig
| 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 - SigFig
| 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 |
Sigfig Comparisons
Competitors of SigFig
SigFig 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 Betterment, Stash, Wealthsimple, Wealthfront and Ellevest, 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 |
App-based automated investment and retirement planning platform
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| domain | founded_year | HQ Location |
Automated investment and robo-advisory services are offered to individuals.
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services are provided.
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| domain | founded_year | HQ Location |
Robo-advisory and financial planning services are provided for investments.
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| domain | founded_year | HQ Location |
Automated investment platform for women is provided via mobile app.
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| domain | founded_year | HQ Location |
Shariah-compliant investments and savings are offered to individuals.
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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 Sigfig
Frequently Asked Questions about SigFig
When was SigFig founded?
SigFig was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is SigFig located?
SigFig is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SigFig a funded company?
SigFig is a funded company, having raised a total of $160.75M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $7M, raised on Jul 02, 2013.
How many employees does SigFig have?
As of Apr 06, 2024, the latest employee count at SigFig is 52.
What is the annual revenue of SigFig?
Annual revenue of SigFig is $1.84M as on Mar 31, 2023.
What does SigFig do?
SigFig is an online tool that links users investment accounts at most financial institutions to a single dashboard. Helps to track the performance of a portfolio. Also provides an fully managed account service. Charge an annual fee of 0.25 billed monthly after the first 10K. Does not charge commission, transaction or trading fees. If the users account is at TD Ameritrade, Fidelity and Schwab, SigFig is added as an advisor and the company manage the account at the same brokerage. If the account is at another brokerage, it is moved TD Ameritrade and managed from there. It pivoted from B2C to B2B model in 2015.
Who are the top competitors of SigFig?
SigFig's top competitors include Betterment, Wealthsimple and Stash.
What products or services does SigFig offer?
SigFig offers Digital Wealth Platform, Digital Advice Pro, Digital Advice, and Engage.
Who are SigFig's investors?
SigFig has 11 investors. Key investors include UBS, Comerica, New York Life Insurance, Eaton Vance Management, and General Atlantic.
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