About Sumday
Sumday is a company based in New York (United States) founded in 1999 was acquired by Vestwell in November 2021. It operates as a Managed Services. Sumday offers products and services including MyCTSavings Roth IRA, State Auto-IRA, College Savings (529), and ABLE Accounts.
- Headquarter New York, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Vestwell State Savings, Llc, Dba Sumday Administration
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Products & Services of Sumday
Sumday offers a comprehensive portfolio of products and services, including MyCTSavings Roth IRA, State Auto-IRA, College Savings (529), and ABLE Accounts. 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.
Roth IRA accounts are offered for retirement savings.
State Auto-IRA programs are managed for employees' savings.
529 plans are provided for educational expense savings.
ABLE accounts are offered for disability-related financial support.
Funding Insights of Sumday
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sumday
Sumday has secured backing from 1 investor. Prominent investors backing the company include Vestwell. 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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Online platform for a workplace savings program
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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 Sumday
| 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 - Sumday
| 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 |
Sumday Comparisons
Competitors of Sumday
| 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 Sumday
Frequently Asked Questions about Sumday
When was Sumday founded?
Sumday was founded in 1999.
Where is Sumday located?
Sumday is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Sumday do?
Sumday, operated by Vestwell State Savings, LLC, is engaged in administering state-sponsored savings and retirement programs such as MyCTSavings Roth IRA, State Auto-IRA, College Savings (529), and ABLE accounts. Services are provided in the financial sector, focusing on retirement and educational savings solutions. Operations are managed for participants in collaboration with state entities like the Connecticut Office of the State Comptroller. Investment options are curated for varying market conditions, with no guarantees or insurance from state or federal bodies.
What products or services does Sumday offer?
Sumday offers MyCTSavings Roth IRA, State Auto-IRA, College Savings (529), and ABLE Accounts.
Who are Sumday's investors?
Sumday has 1 investor. Key investors include Vestwell.
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