WealthStatus

Bengaluru, India Founded: 2018 • Age: 8 yrs
Unclaimed funds are recovered via an app-based platform.
Annual revenue $23,115 Latest available
Total funding $14,643 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About WealthStatus

WealthStatus is a company based in Bengaluru (India) founded in 2018 by Ashok Rawat and Ashish Joshi. WealthStatus has raised $14.64 thousand across 2 funding rounds from investors including Axilor Ventures and Startup Karnataka. WealthStatus operates in a competitive market with competitors including ClaimSorted, Anipos, Ilmiobrokerassicurativo, Personable Insurance and sureti, among others.

  • Headquarter Bengaluru, India
  • Founders Ashok Rawat, Ashish Joshi
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wealthstatus Technologies Private Limited
  • Date of Incorporation 19 Mar, 2018
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $23.12 K (USD)
    60.97
    as on Mar 31, 2020
  • Net Profit
    -$1.46 K (USD)
    -617.65
    as on Mar 31, 2020
  • EBITDA
    -$22.52 K (USD)
    -53.94
    as on Mar 31, 2020
  • Total Equity Funding
    $14.64 K (USD)

    in 2 rounds

  • Latest Funding Round
    $14.64 K (USD), Seed

    Jul 28, 2019

  • Investors
  • Employee Count
    Not available
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Funding Insights of WealthStatus

WealthStatus has successfully raised a total of $14.64K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $14.64 thousand completed in July 2019. 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.

Investors in WealthStatus

WealthStatus has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Axilor Ventures and Startup Karnataka.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm investing in early-stage startups in technology sectors.
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Support for startups in Karnataka is delivered through policies, funding, and networking services.
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Investor details for WealthStatus

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Investments & Acquisitions by WealthStatus

Investments
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Investment portfolio details for WealthStatus

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Financial Statements - WealthStatus

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Detailed financials for WealthStatus

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Wealthstatus Comparisons

WealthStatus Primary company
Description
Unclaimed funds are recovered via an app-based platform.
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$23.12 K (USD)
Net Profit
-$1.46 K (USD)
EBITDA
-$22.52 K (USD)
Employees
Not available
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Peer comparison for WealthStatus

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Competitors of WealthStatus

WealthStatus 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 ClaimSorted, Anipos, Ilmiobrokerassicurativo, Personable Insurance and sureti, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Insurance claims processing is handled via AI-driven solutions.
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Pet insurance claims are facilitated online through photo submissions.
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Platform providing digital insurance solutions and risk management services
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Operations and insurance claims administration solutions
Locked Locked Locked
App-based claims management platform for policyholders
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Detailed competitors of WealthStatus

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Latest news on Wealthstatus

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Complete news archive for WealthStatus

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Frequently Asked Questions about WealthStatus

WealthStatus was founded in 2018.

WealthStatus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

WealthStatus is a funded company, having raised a total of $14.64K across 2 funding rounds to date.

Annual revenue of WealthStatus is $23.12K as on Mar 31, 2020.

WealthStatus was founded in 2018 in Bengaluru, India, and operates in the fintech sector. An app-based platform is provided for users to claim unclaimed dividends, dormant bank accounts, insurance policies, deposits, and debentures. Checks for unclaimed bonds, PPF, EPF, and IT refunds are also enabled. The application is available on Android and iOS devices.

WealthStatus's top competitors include ClaimSorted, sureti and Renaissance Electronic Services.

WealthStatus has 2 investors. Key investors include Axilor Ventures, and Startup Karnataka.

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