Strivve

Seattle, United States Founded: 2014 • Age: 12 yrs
Platform offering payment card linked loyalty solutions
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About Strivve

Strivve is a company based in Seattle (United States) founded in 2014 by Dave Pool.. Strivve has raised $9.19 million across 2 funding rounds from investors including Reseda Group. Strivve offers products and services including CardUpdatr™ and CardSavr® API. Strivve operates in a competitive market with competitors including Bink, Larky, Swipii, Wrapp and utu, among others.

  • Headquarter Seattle, United States
  • Founders Dave Pool
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Switch, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9.19 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.08 M (USD), Series A

    Mar 27, 2023

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Strivve

Strivve offers a comprehensive portfolio of products and services, including CardUpdatr™ and CardSavr® API. 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.

Primary

Updates cards on online accounts to make them top of wallet.

Enables card updating integration for financial applications.

People of Strivve
Headcount 10-50
Employee Profiles 7
Board Members and Advisors 8
Employee Profiles
People
Chris Hopen
CEO & Co-founder At Strivve, Inc (formerly Switch)
People
Bryan Sauve
Director of Technical Product Management
People
Arne Gaenz
Vice President of Customer Success
People
Mark Budos
Director of Engineering

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Board Members and Advisors
people
Amy Hanson
Board Member
people
Kevin Knight
Chair Of The Board Of Directors
people
Rich Begert
Board Member

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Funding Insights of Strivve

Strivve has successfully raised a total of $9.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.08 million completed in March 2023. 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 Rounds 2
  • Last Round Series A — $1.1M
  • First Round

    (27 Jan 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Series A - Strivve Valuation

investors

Jan, 2021 Amount Series A - Strivve Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Strivve

Strivve has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Reseda Group. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Strivve

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Strivve

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Strivve Comparisons

Employees
+
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Competitors of Strivve

Strivve 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 Bink, Larky, Swipii, Wrapp and utu, 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
Delivers mobile-based customer loyalty program management solutions for businesses.
domain founded_year HQ Location
Coalition loyalty software is provided for financial institutions by Larky.
domain founded_year HQ Location
Mobile-based loyalty programs are provided for customers and businesses.
domain founded_year HQ Location
Card-linked coalition loyalty program is delivered via mobile app.
domain founded_year HQ Location
Cross-border rewards points are earned and redeemed via mobile app.
domain founded_year HQ Location
Reward-based payment and engagement solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Strivve

When was Strivve founded?

Strivve was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Where is Strivve located?

Strivve is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is Strivve a funded company?

Strivve is a funded company, having raised a total of $9.19M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.1M, raised on Jan 27, 2021.

What does Strivve do?

Strivve was founded in 2014 in Seattle, United States, within the fintech sector focused on payments and loyalty programs. Payment card-linked solutions are offered to reward users for updating payment information on merchant sites. Real-time notifications are provided to card issuers for incentivizing cardholders. Payment gateway services are integrated into business websites, with key offerings including CardUpdatr, CardSavr API, and a dedicated payment gateway.

Who are the top competitors of Strivve?

Strivve's top competitors include Larky, Kard and utu.

What products or services does Strivve offer?

Strivve offers CardUpdatr™ and CardSavr® API.

Who are Strivve's investors?

Strivve has 1 investor. Key investors include Reseda Group.

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