About Spiff
Spiff is a company based in Oslo (Norway) founded in 2015. It operates as a FinTech. Spiff has raised $973.65 thousand across 3 funding rounds from investors including Cathrine Lofterød Feght, Christian Solli Nyborg and Silvija Seres. The company has 6 employees as of December 31, 2019. Spiff offers products and services including Spiff App. Spiff operates in a competitive market with competitors including NOON INVEST and Cuentix, among others.
- Headquarter Oslo, Norway
- Employees 6 as on 31 Dec, 2019
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$18.8 K (USD)60as on Dec 31, 2022
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Net Profit
$8.68 K (USD)209as on Dec 31, 2022
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EBITDA
$8.83 K (USD)251as on Dec 31, 2022
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Total Equity Funding
$973.65 K (USD)
in 3 rounds
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Latest Funding Round
$416.3 K (USD), Angel Round
Jul 24, 2018
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Investors
Technorocks
& 8 more
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Employee Count
6
as on Dec 31, 2019
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Products & Services of Spiff
Spiff offers a comprehensive portfolio of products and services, including Spiff App. 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.
An app for saving and investing money easily.
Funding Insights of Spiff
Spiff has successfully raised a total of $973.65K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $416.3 thousand completed in July 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 3
- Last Round Angel Round — $416,300
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First Round
First Round
(08 Jul 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Angel Round - Spiff | Valuation | Christian Solli Nyborg | |
| Jul, 2016 | Amount | Angel Round - Spiff | Valuation |
investors |
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| Jul, 2015 | Amount | Seed - Spiff | 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 Spiff
Spiff has secured backing from 9 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Cathrine Lofterød Feght, Christian Solli Nyborg and Silvija Seres. 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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Technorocks is engaged in technology investments and consulting services.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Provides comprehensive cultivation and marketing services for agricultural products.
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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
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 Spiff
| 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 - Spiff
| 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 |
Spiff Comparisons
Competitors of Spiff
Spiff 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 NOON INVEST and Cuentix, 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 |
Automated savings and personalized investment plans are offered to individuals.
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| domain | founded_year | HQ Location |
A platform for savings and money management tailored 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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Frequently Asked Questions about Spiff
When was Spiff founded?
Spiff was founded in 2015.
Where is Spiff located?
Spiff is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Is Spiff a funded company?
Spiff is a funded company, having raised a total of $973.65K across 3 funding rounds to date. The company's 1st funding round was a Seed of $407.35K, raised on Jul 08, 2015.
How many employees does Spiff have?
As of Dec 31, 2019, the latest employee count at Spiff is 6.
What is the annual revenue of Spiff?
Annual revenue of Spiff is $18.8K as on Dec 31, 2022.
What does Spiff do?
A mobile application for saving and investing money is offered by Spiff. Users can create personalized saving plans with specific goals and timelines. Social saving with friends or family is enabled, making the process engaging. Options for high-interest accounts or ethical funds are provided based on user preferences. The platform is designed to be user-friendly and flexible across different banks. Updates and motivational notifications are sent to keep users on track. The service targets individuals seeking efficient financial growth solutions.
Who are the top competitors of Spiff?
Spiff's top competitors include NOON INVEST and Cuentix.
What products or services does Spiff offer?
Spiff offers Spiff App.
Who are Spiff's investors?
Spiff has 9 investors. Key investors include Cathrine Lofterød Feght, Christian Solli Nyborg, Silvija Seres, Technorocks, and Mildrid Raade.
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