SaveUp

wealthtech (retail)personal finance management

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 01/05/2020

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About

SaveUp is an online reward platform for saving money and reducing debt. Users earn SaveUp credits for every dollar saved or debt reduced and can use these credits to play for prizes ranging from travel, cars to even a $2M jackpot. SaveUp uses gamification technology to bring fun activity based services to their users.

Focus

PRODUCTS & SERVICES

Reward based personal savings platform.

MAIN CLIENTS

Online retail consumers

EXISTING PARTNERSHIPS

SaveUp will be partnering with Purchasing Power to accelerate the path towards financial freedom for millions of Americans.

COMMENT

SaveUp can be used with 18,000 financial institutions in the US including rewards for savings accounts or reducing debts like credit cards, car loans, student loans and mortgages. SaveUp also features educational videos and surveys that can help users to earn points.

Traction

TRACTION COMMENT:

SaveUp approach to financial services has rewarded Americans for over $1B dollars in savings deposits and over $750M in debt repayment. In 2015, SaveUp was purchased by entrepreneur Paul J. Burt and moved to his hometown of Lake Forest, Illinois.

People

FOUNDERS

Sammy Shreibati

Priya Haji

NUMBER OF EMPLOYEES

11-50

INVESTORS:

BLH Venture Partners

BlueRun Ventures

True Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$7 M

DATE OF LAST FUNDING

Jul 2012

SEED & PRIOR FUNDING

$2 M

SEED CLOSED ON

Sep 2011

FUNDING SERIES

SERIES A  · $5 M  · Jul 2012

LISTED

NO

BASICS

FOUNDING YEAR:

2011

LOCATION:

United States

Views:

778 VISITORS | 942 VIEWS
LATEST FUNDING ROUND

$7 M

TOTAL EMPLOYEES
11-50

About

SaveUp is an online reward platform for saving money and reducing debt. Users earn SaveUp credits for every dollar saved or debt reduced and can use these credits to play for prizes ranging from travel, cars to even a $2M jackpot. SaveUp uses gamification technology to bring fun activity based services to their users.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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