• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Credit Score, ID Theft protection, Mobile App. It helps millions of consumers find better financial products. It also helps to monitor and manage their credit and loans.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Customers
EXISTING PARTNERSHIPS:
Iontuition - To allow student loan borrowers to effortlessly access, monitor and manage their credit, college loans, and identity protection all in one place - for free.
COMMENT
The company now has around $50 billion in active user loans under management, up from $20 billion in 2012, and over $2 billion in consumer loan originations which helps it to monetize.

PEOPLE

FOUNDERS:
Adrian Nazari
Board Members and Advisors:
Manu Rekhi, John Dougery
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Inventus Capital Partners, Globespan Capital Partners, IA Capital Group, Menlo Ventures, Syncona Partners LLP, Grauer Brothers Capital, Grail Partners, Plug & Play Ventures, Paul Longhenry, Camp One Ventures

TRACTION

VALUATION / MARKET CAP:
$200 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$35.4 Millions
DATE OF LAST FUNDING:
May 2015
FUNDING SERIES:
SERIES A
$1.2 Millions Closed: Apr 2010
SERIES B
$6.2 Millions Closed: Mar 2011
SERIES C
$12 Million Closed: Jun 2012
SERIES D
$16 Million Closed: May 2015
LISTED:
NO

LATEST RESEARCH