About TomoCredit
TomoCredit is a company based in San Francisco (United States) founded in 2018 by Kristy Kim.. TomoCredit has raised $39 million across 4 funding rounds from investors including Mastercard, Barclays and SVB. TomoCredit operates in a competitive market with competitors including Mission Lane, Gauss Money, Sequin, Atlas and Arro, among others.
- Headquarter San Francisco, United States
- Founders Kristy Kim
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Sectors
Financial Services
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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
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Net Profit
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EBITDA
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Total Equity Funding
$39 M (USD)
in 4 rounds
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Latest Funding Round
$22 M (USD), Series B
Jul 21, 2022
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Investors
Mastercard
& 19 more
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Employee Count
Employee Count
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Funding Insights of TomoCredit
TomoCredit has successfully raised a total of $39M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $22 million completed in July 2022. 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 4
- Last Round Series B — $22.0M
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First Round
First Round
(10 Feb 2021)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Debt – Conventional - TomoCredit | Valuation |
investors |
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| Jul, 2022 | Amount | Series B - TomoCredit | Valuation | Next Level Indiana Fund , Mastercard | |
| Sep, 2021 | Amount | Series A - TomoCredit | Valuation | Kapor Capital , KB Investment |
| 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 TomoCredit
TomoCredit has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mastercard, Barclays and SVB. 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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Investment fund focused on innovation in Indiana is managed.
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Founded Year | Domain | Location | |
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Venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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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 TomoCredit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - TomoCredit
| 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 |
Tomocredit Comparisons
Competitors of TomoCredit
TomoCredit 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 Mission Lane, Gauss Money, Sequin, Atlas and Arro, 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 |
Credit builder cards are provided to consumers for credit improvement.
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| domain | founded_year | HQ Location |
Provider of solutions based on Artificial Intelligence for improving decision-making in various sectors.
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| domain | founded_year | HQ Location |
Financial services are provided to women addressing gender inequalities.
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| domain | founded_year | HQ Location |
Credit cards for consumer payments with credit-building features are provided.
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| domain | founded_year | HQ Location |
NFC-enabled credit cards are offered for credit score building.
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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 Tomocredit
Frequently Asked Questions about TomoCredit
When was TomoCredit founded?
TomoCredit was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is TomoCredit located?
TomoCredit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of TomoCredit?
Kristy Kim is the current CEO of TomoCredit. They have also founded this company.
Is TomoCredit a funded company?
TomoCredit is a funded company, having raised a total of $39M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Feb 10, 2021.
What does TomoCredit do?
TomoCredit was founded in 2018 in San Francisco, United States, within the financial services sector. Customized credit cards are issued to consumers, by which interest payments are reduced and credit scores are improved. Online and offline purchases are supported, along with money transfers. Cashback benefits are given for purchases. An app-based platform compatible with iOS devices is offered for user management.
Who are the top competitors of TomoCredit?
TomoCredit's top competitors include Mission Lane, Gauss Money and Atlas.
Who are TomoCredit's investors?
TomoCredit has 20 investors. Key investors include Mastercard, Barclays, SVB, Gold House, and KB Investment.