About Yotta
Yotta is a company based in New York (United States) founded in 2020 by Adam Moelis. It operates as a Freemium and Commission-Based. Yotta has raised $21.21 million across 3 funding rounds from investors including Base10 Partners, Y Combinator and Core Innovation Capital. Yotta offers products and services including Prize-Linked Savings, Debit Card, and Credit Card. Yotta operates in a competitive market with competitors including Chime, Stash, Dave, Albert and Umba, among others.
- Headquarter New York, United States
- Founders Adam Moelis
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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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- Legal Name Yotta Technologies Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$21.21 M (USD)
in 3 rounds
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Latest Funding Round
$17.79 M (USD), Series A
Jan 28, 2021
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Investors
Base10 Partners
& 9 more
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Employee Count
Not available
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Products & Services of Yotta
Yotta offers a comprehensive portfolio of products and services, including Prize-Linked Savings, Debit Card, and Credit Card.
Savings accounts with prizes are offered to users.
Debit card services are provided for user transactions.
Credit card options are made available to customers.
People of Yotta
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Funding Insights of Yotta
Yotta has successfully raised a total of $21.21M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $17.79 million completed in January 2021. 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 Yotta
Yotta has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Base10 Partners, Y Combinator and Core Innovation Capital.
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Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital investments in fintech and technology for wealth and health.
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Investor details for Yotta
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Yotta
Investment portfolio details for Yotta
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Financial Statements - Yotta
Detailed financials for Yotta
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Yotta Comparisons
Peer comparison for Yotta
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Competitors of Yotta
Yotta 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 Chime, Stash, Dave, Albert and Umba, among others.
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Digital banking services are offered to individuals via mobile apps.
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Automated investment and robo-advisory services are offered to individuals.
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Digital banking services are provided for easier financial management.
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Digital banking app is offered for savings, investing, and budgeting.
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Digital banking solutions are offered to individuals through mobile apps.
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Detailed competitors of Yotta
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Latest news on Yotta
Complete news archive for Yotta
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Frequently Asked Questions about Yotta
Yotta was founded in 2020.
Yotta is headquartered in New York, United States. It is registered at New York, New York, United States.
Adam Moelis is the current CEO of Yotta. They have also founded this company.
Yotta is a funded company, having raised a total of $21.21M across 3 funding rounds to date.
Yotta is involved in providing innovative financial services, focusing on prize-linked savings accounts where users can win prizes. Various financial products such as debit and credit cards are offered. The company operates in the consumer banking sector, targeting individuals with free-to-play gaming and savings opportunities. Solutions like paycheck perks and customizable savings buckets are also provided to enhance user engagement and financial management.
Yotta offers Prize-Linked Savings, Debit Card, and Credit Card.
Yotta has 10 investors. Key investors include Base10 Partners, Y Combinator, Core Innovation Capital, Slow Ventures, and Cliff Asness.