CreditMate Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 8

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $1.12M

CreditMate General Information

Description

Developer of a debt collection software platform designed to solve the issues of data security, collection agency performance, reporting, and accounting for all bounces and nonperforming assets. The company's debt collection software platform uses a technology-based credit engine that allows assessing customers' viability for loans and automatically matches lenders' cases to agencies, enabling lenders to improve the speed, insight, security, and performance of existing collections.

Contact Information

Website
www.creditmate.in
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 147/149, Udyog Bhavan, Sonawala Road
  • Jay Prakash Nagar, Goregaon East
  • Mumbai, Maharashtra 400063
  • India
+91 022
Primary Industry
Financial Software
Parent Company
Paytm
Vertical(s)
TMT, FinTech
Corporate Office
  • 147/149, Udyog Bhavan, Sonawala Road
  • Jay Prakash Nagar, Goregaon East
  • Mumbai, Maharashtra 400063
  • India
+91 022

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CreditMate Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Seed Round 30-Oct-2019 $1.12M Completed Generating Revenue
4. Seed Round 18-Jul-2018 Completed Generating Revenue
3. Corporate 05-Jun-2018 Completed Generating Revenue
2. Merger/Acquisition 21-Nov-2017 $500K Completed Generating Revenue
1. Seed Round 25-Oct-2016 $500K $500K Completed Startup
To view CreditMate’s complete valuation and funding history, request access »

CreditMate Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary Shares
Ordinary Shares
Ordinary Shares 1,173,580 $0.140613 $0.72 $0.72 1x $0.72 39.09%
To view CreditMate’s complete cap table history, request access »

CreditMate Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a debt collection software platform designed to solve the issues of data security, collection agency perfor
Financial Software
Mumbai, India
8 As of 2016

Chennai, India
 

Bangalore, India
 
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CreditMate Competitors (4)

One of CreditMate’s 4 competitors is Yubi, a Venture Capital-Backed company based in Chennai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Yubi Venture Capital-Backed Chennai, India
CreditNirvana Formerly VC-backed Bangalore, India
Credgenics Venture Capital-Backed Noida, India
TrueML Products Venture Capital-Backed Lenexa, KS
To view CreditMate’s complete competitors history, request access »

CreditMate Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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CreditMate Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
India Quotient Venture Capital Minority
To view CreditMate’s complete investors history, request access »

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CreditMate FAQs

  • When was CreditMate founded?

    CreditMate was founded in 2012.

  • Where is CreditMate headquartered?

    CreditMate is headquartered in Mumbai, India.

  • What is the size of CreditMate?

    CreditMate has 8 total employees.

  • What industry is CreditMate in?

    CreditMate’s primary industry is Financial Software.

  • Is CreditMate a private or public company?

    CreditMate is a Private company.

  • What is the current valuation of CreditMate?

    The current valuation of CreditMate is .

  • What is CreditMate’s current revenue?

    The current revenue for CreditMate is .

  • How much funding has CreditMate raised over time?

    CreditMate has raised $12.3M.

  • Who are CreditMate’s investors?

    India Quotient has invested in CreditMate.

  • Who are CreditMate’s competitors?

    Yubi, CreditNirvana, Credgenics, and TrueML Products are competitors of CreditMate.

  • When was CreditMate acquired?

    CreditMate was acquired on 30-Oct-2019.

  • Who acquired CreditMate?

    CreditMate was acquired by Paytm.

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