About Tandem
Tandem is a Technology company based in Ann Arbor (United States) founded in 2020 by Michelle Dear. Online expenses sharing is enabled for couples through the platform. Tandem has raised $3.7 million across 2 funding rounds from investors including Corazon and Birmingham Angels. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Expense Management. Its competitors include Honeydue, Ivella and Peas Technology; 3 of its 3 listed competitors have raised funding.
Company details
Tandem was founded in 2020 and is headquartered in Ann Arbor, United States. An online platform is operated by the company to allow couples to track and share expenses jointly. Core services include tools for splitting costs, managing shared finances, and organizing receipts in the personal finance sector. The focus remains on facilitating straightforward financial collaboration between partners without additional banking features.
- Headquarters Ann Arbor, United States
- Founders Michelle Dear
- SectorsTechnology
- Website usetandem.com
- Social LinkedIn X Instagram
- Total Equity Funding$3.7M (USD)
in 2 rounds
- Latest Funding Round$3.7M (USD), Seed
Jan 2024
- InvestorsCorazon
& 1 more
Apps and channels of Tandem
Tandem publishes 1 mobile app.
Funding Insights of Tandem
Tandem has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in January 2024. 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 $3.7M
- Total Rounds 2
- Last Round Seed — $3.7M
- Investors Count 2
All 2 funding rounds of Tandem with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $3.7M | Seed | – | Corazon | – |
| Jun 2022 | Seed | – | Birmingham Angels | – |
2 investors in total: 2 institutional.
Investors in Tandem
Tandem has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Corazon and Birmingham Angels.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| corazon.com | ||||
Early-stage capital is provided by Birmingham Angels to startups. | 2019 | birminghamangels.org | Birmingham, United States |
Investor details for Tandem
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Tandem
1 people are tracked at Tandem (1 in leadership).
| Name | Role | Group |
|---|---|---|
Michelle Dear | Co-Founder | Leadership |
Complete people profiles for Tandem
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Timeline of Tandem
3 dated milestones of Tandem across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Tandem is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.7M.
Competitors of Tandem
Tandem has 3 listed competitors in our database, 3 of them funded. They include Honeydue, Ivella and Peas Technology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| honeydue.com | 2016 | San Francisco, United States | $120,000 | Expense management for couples is enabled via mobile app. | ||
| ivella.com | 2020 | Santa Monica, United States | $4.1M | 4 | App-based expense management platform for couples | |
| peas.money | 2024 | Charlotte, United States | $20,000 | AI-powered joint banking solutions for couples are provided. |
Detailed competitors of Tandem
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Tandem
The website of Tandem (usetandem.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 39.7% vs previous month
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Tandem (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Tandem
Complete news archive for Tandem
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Frequently Asked Questions about Tandem
Tandem was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Tandem is headquartered in Ann Arbor, United States. It is registered at Ann Arbor, Michigan, United States.
Tandem is a funded company, having raised a total of $3.7M across 2 funding rounds to date.
Tandem was founded in 2020 and is headquartered in Ann Arbor, United States. An online platform is operated by the company to allow couples to track and share expenses jointly. Core services include tools for splitting costs, managing shared finances, and organizing receipts in the personal finance sector. The focus remains on facilitating straightforward financial collaboration between partners without additional banking features.
Tandem's top competitors include Honeydue, Ivella and Peas Technology.
Tandem has 2 investors. Key investors include Corazon, and Birmingham Angels.
Yes. Tandem publishes Tandem - Living Together.