Deserve Overview
- Founded
-
2013

- Status
-
Private
- Employees
-
206

- Latest Deal Type
-
Debt Repay.
- Latest Deal Amount
-
$151M
- Investors
-
20
Deserve General Information
Description
Provider of financial services intended to provide citizens with access to fair credit products and tools to achieve financial independence. The company's financial products include credit cards that use machine learning and alternative data to determine creditworthiness, enabling users to get access to fair credit without a credit history and build their credit score.
Contact Information
Website
www.deserve.com
Formerly Known As
SelfScore, Tremus
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Other Financial Services
Financial Software
Primary Office
- 195 Page Mill Road
- Palo Alto, CA 94306
- United States
+1 (800) 000-0000
Deserve Timeline
Deserve Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
13. Debt Repayment | $151M | 00000 | Completed | Generating Revenue | ||
12. Debt - General | 11-May-2022 | 00000 | 00000 | Completed | Generating Revenue | |
11. Later Stage VC (Series D) | 24-Jun-2021 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
10. Debt - PPP | 09-Apr-2020 | 00000 | 00000 | Completed | Generating Revenue | |
9. Debt - General | 25-Feb-2020 | 00000 | 00000 | Completed | Generating Revenue | |
8. Later Stage VC (Series C) | 04-Nov-2019 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
7. Later Stage VC (Series B) | 27-Aug-2018 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
6. Debt - General | 25-Apr-2018 | 0000 | 000.00 | Completed | Generating Revenue | |
5. Early Stage VC (Series A2) | 24-Oct-2017 | $19.1M | $28.4M | 000.00 | Completed | Generating Revenue |
4. Secondary Transaction - Private | $9.3M | Completed | Generating Revenue |
Deserve Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D-1 | 0,000,000 | 00.000000 | 00.00 | 00 | 00 | 00 | 00 | 0.000 |
Series D | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
Series C | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.00 |
Series B | 00,000,000 | 00.000000 | 00.0 | 00 | 00 | 00 | 00 | 00.00 |
Series A-2 | 13,559,406 | $0.000100 | $0.07 | $1.46 | $1.46 | 1x | $1.46 | 18.07% |
Series A | 7,223,724 | $0.000100 | $0.06 | $1.14 | $1.14 | 1x | $1.14 | 9.63% |
Deserve Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of financial services intended to provide citizens with access to fair credit products and tools to achieve fin
Consumer Finance
Palo Alto, CA
206
As of 2023
00000
0000 00000.
00000
Deserve Competitors (34)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Petal | Venture Capital-Backed | Atlanta, GA | 000 | 00.000 | 00000 | 00.000 |
0000000000 | Formerly VC-backed | San Francisco, CA | 000 | 00000 | 00000000 | 00000 |
0000 | Venture Capital-Backed | Barcelona, Spain | 00 | 000.00 | 00000000000 | 000.00 |
0000 | Venture Capital-Backed | Salt Lake City, UT | 0000 | 00.000 | 0000000000 0 | 00.000 |
000000000 | Formerly VC-backed | New York, NY | 000 | 00.000 | 000000000 | 00.000 |
Deserve Executive Team (19)
Deserve Board Members (7)
Name | Representing | Role | Since |
---|---|---|---|
Ashwin Gupta | Self | Board Member | 000 0000 |
Benjamin Lambert | Pelion Venture Partners | Board Observer | 000 0000 |
Blake Modersitzki | Pelion Venture Partners | Board Member | 000 0000 |
Kalpesh Kapadia | Deserve | Co-Founder, Board Member & Chief Executive Officer | 000 0000 |
Sameer Gandhi | Accel | Board Member | 000 0000 |
Deserve Signals
Deserve Investors (20)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
205 Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Ally Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
BYU Cougar Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Catherine Lu | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Frank Meehan | Angel (individual) | Minority | 000 0000 | 000000 0 |