About WeltSparen
WeltSparen is a company based in Berlin (Germany) founded in 2012 by Michael Stephan and Frank Freund.. WeltSparen has raised $10.22 million across 1 funding round from investors including Index Ventures. The company has 11 employees as of December 31, 2019. WeltSparen offers products and services including Tagesgeld, Festgeld, Nachhaltiges Festgeld, Vermögensverwaltung, and ETF Rürup. WeltSparen operates in a competitive market with competitors including Raisin, Verivox, Savedo, Compeon and ZINSPILOT, among others.
- Headquarter Berlin, Germany
- Employees 11 as on 31 Dec, 2019
- Founders Michael Stephan, Frank Freund
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raisin Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.22 M (USD)
in 1 rounds
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Latest Funding Round
$10.22 M (USD), Series B
Jun 01, 2014
- Investors
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Employee Count
11
as on Dec 31, 2019
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Products & Services of WeltSparen
WeltSparen offers a comprehensive portfolio of products and services, including Tagesgeld, Festgeld, Nachhaltiges Festgeld, Vermögensverwaltung, and ETF Rürup. 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.
Flexible account for variable interest savings without fixed term.
Fixed-term deposit with guaranteed interest rates.
Fixed deposit funding responsible projects with fixed interest.
Automated portfolio management for global investments.
Tax-advantaged investment for retirement savings.
Funding Insights of WeltSparen
WeltSparen has successfully raised a total of $10.22M through 1 strategic funding round. The most recent funding activity was a Series B round of $10.22 million completed in June 2014. 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 1
- Last Round Series B — $10.2M
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First Round
First Round
(01 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Series B - WeltSparen | Valuation | Index Ventures |
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| 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 WeltSparen
WeltSparen has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Index Ventures. 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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Venture capital investments in technology startups and entrepreneurs.
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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 WeltSparen
| 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 - WeltSparen
| 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 |
Weltsparen Comparisons
Competitors of WeltSparen
WeltSparen 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 Raisin, Verivox, Savedo, Compeon and ZINSPILOT, 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 |
Comparison platform for bank accounts
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| domain | founded_year | HQ Location |
Comparison platform for financial and electronic products
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| domain | founded_year | HQ Location |
Fixed-term deposit rates from banks are compared online.
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| domain | founded_year | HQ Location |
Business financial products are compared online via Compeon platform.
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| domain | founded_year | HQ Location |
Offers digital tools for savings accounts and investment products online.
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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 Weltsparen
Frequently Asked Questions about WeltSparen
When was WeltSparen founded?
WeltSparen was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is WeltSparen located?
WeltSparen is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is WeltSparen a funded company?
WeltSparen is a funded company, having raised a total of $10.22M across 1 funding round to date. The company's 1st funding round was a Series B of $10.22M, raised on Jun 01, 2014.
How many employees does WeltSparen have?
As of Dec 31, 2019, the latest employee count at WeltSparen is 11.
What does WeltSparen do?
WeltSparen was established in 2012 in Berlin, Germany, as an online platform focused on comparing investment products and services. Operations center on providing users with tools to evaluate financial options, including savings accounts, funds, and insurance. The platform serves the German market primarily, with comparisons based on factors like fees, returns, and provider details. Leadership is provided by co-founders Michael Stephan, serving as COO, and Frank Freund, as CFO.
Who are the top competitors of WeltSparen?
What products or services does WeltSparen offer?
WeltSparen offers Tagesgeld, Festgeld, Nachhaltiges Festgeld, Vermögensverwaltung, and ETF Rürup.
Who are WeltSparen's investors?
WeltSparen has 1 investor. Key investors include Index Ventures.
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