About Status Money
Status Money is a company based in New York (United States) founded in 2016 by Majd Maksad and Korash Hernandez.. The company has 5 employees as of December 31, 2020. Status Money offers products and services including Customer Engagement Engine and Social PFM. Status Money operates in a competitive market with competitors including Zeta, PennyOwl, ePOP, Good Budget and Doughnet, among others.
- Headquarter New York, United States
- Employees 5 as on 31 Dec, 2020
- Founders Majd Maksad, Korash Hernandez
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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
*********
- Legal Name Status Money Inc.
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Annual Revenue
$274.01 K-50as on Dec 31, 2020
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Net Profit
$-2.94 M-1as on Dec 31, 2020
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
5
as on Dec 31, 2020
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Products & Services of Status Money
Status Money offers a comprehensive portfolio of products and services, including Customer Engagement Engine and Social PFM. 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 personalized insights and offers to boost customer retention.
Tools for peer comparisons and financial app features targeting younger users.
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Funding Insights of Status Money
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Seed - Status Money | Valuation | SixThirty |
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| 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 Status Money
Status Money has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SixThirty. 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 focused on multiple sectors
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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 Status Money
| 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 - Status Money
| 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 |
Status Money Comparisons
Competitors of Status Money
Status Money 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 Zeta, PennyOwl, ePOP, Good Budget and Doughnet, 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 |
Financial solutions are offered by Zeta for couples and families.
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| domain | founded_year | HQ Location |
Mobile app to teach children about money management
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| domain | founded_year | HQ Location |
Digital receipt aggregation for individuals
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| domain | founded_year | HQ Location |
Income is allocated to categorized envelopes for mobile budgeting.
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| domain | founded_year | HQ Location |
Provides financial education and online transactions for teens.
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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 Status Money
Frequently Asked Questions about Status Money
When was Status Money founded?
Status Money was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Status Money located?
Status Money is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Status Money?
Majd Maksad is the current CEO of Status Money. They have also founded this company.
How many employees does Status Money have?
As of Dec 31, 2020, the latest employee count at Status Money is 5.
What is the annual revenue of Status Money?
Annual revenue of Status Money is $274.01K as on Dec 31, 2020.
What does Status Money do?
Status Money was founded in 2016 in New York, United States, within the fintech sector. A platform for personal financial management is offered, where interest rates, spending patterns, debts, and assets are compared and analyzed to identify savings opportunities. Multiple financial accounts are tracked, and credit scores are monitored. Availability is provided through apps on iOS and Android platforms.
Who are the top competitors of Status Money?
Status Money's top competitors include Zeta, ePOP and Good Budget.
What products or services does Status Money offer?
Status Money offers Customer Engagement Engine and Social PFM.
Who are Status Money's investors?
Status Money has 1 investor. Key investors include SixThirty.