Chip Overview
- Year Founded
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2016
- Status
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Private
- Employees
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176
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$22.9M
- Investors
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10
Chip General Information
Description
Developer of a digital savings and investment platform designed to build wealth through automated saving and investing. The company offers AI-powered autosave, a range of savings accounts, and investment options to simplify and automate saving funds for unforeseen situations, enabling individuals to manage their finances conveniently, grow their wealth over time, and get better returns
Contact Information
Website
www.getchip.ukCorporate Office
- Sixth Floor, Fora Montacute Yards
- 186 Shoreditch High Street
- London E1 6HU
- England, United Kingdom
Corporate Office
- Sixth Floor, Fora Montacute Yards
- 186 Shoreditch High Street
- London E1 6HU
- England, United Kingdom
Chip Timeline
Chip Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Later Stage VC | 27-Jan-2026 | $22.9M | Completed | Generating Revenue | ||
| 11. Later Stage VC | 01-Jan-2023 | Completed | Generating Revenue | |||
| 10. Equity Crowdfunding | 08-Nov-2022 | Completed | Generating Revenue | |||
| 9. Equity Crowdfunding | 27-Mar-2022 | Completed | Generating Revenue | |||
| 8. Equity Crowdfunding | 29-Nov-2021 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 14-Sep-2020 | Completed | Generating Revenue | |||
| 6. Equity Crowdfunding | 20-Apr-2020 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 02-Oct-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 18-Mar-2019 | $5.12M | $7.09M | Completed | Generating Revenue | |
| 3. Early Stage VC | 18-Apr-2018 | $1.79M | $1.96M | Completed | Generating Revenue |
Chip Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| B Voting | ||||||||
| B Investment | ||||||||
| A Ordinary | ||||||||
| B Voting | ||||||||
| B Investment | ||||||||
| A Ordinary | ||||||||
| A Ordinary | ||||||||
| B Investment | ||||||||
| B Investment | 751,548 | $0.000000 | $1.27 | $1.27 | $1.27 | 1.01% | ||
| B Investment | 16,999 | $0.000000 | $1.58 | $1.58 | $1.58 | 0.02% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Chip Comparisons
Industry
Financing
Details
Chip Competitors (23)
One of Chip’s 23 competitors is Acorns Grow, a Venture Capital-Backed company based in Irvine, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Acorns Grow | Venture Capital-Backed | Irvine, CA | ||||
| Digital Moneybox | Venture Capital-Backed | London, United Kingdom | ||||
| DailyPay | Venture Capital-Backed | New York, NY | ||||
| Plum (Financial Software) | Venture Capital-Backed | London, United Kingdom | ||||
| MX | Venture Capital-Backed | Lehi, UT |
Chip Signals
Chip Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Channel 4 Ventures | Corporate Venture Capital | Minority | ||
| Knoxed Capital | Family Office | Minority | ||
| The Up VC | Venture Capital | Minority | ||
| Government of UK | Government | Minority | ||
| Jedar Capital | Venture Capital | Minority |
Chip FAQs
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When was Chip founded?
Chip was founded in 2016.
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Where is Chip headquartered?
Chip is headquartered in London, United Kingdom.
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What is the size of Chip?
Chip has 176 total employees.
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What industry is Chip in?
Chip’s primary industry is Financial Software.
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Is Chip a private or public company?
Chip is a Private company.
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What is the current valuation of Chip?
The current valuation of Chip is .
-
What is Chip’s current revenue?
The current revenue for Chip is .
-
How much funding has Chip raised over time?
Chip has raised $88.1M.
-
Who are Chip’s investors?
Channel 4 Ventures, Knoxed Capital, The Up VC, Government of UK, and Jedar Capital are 5 of 10 investors who have invested in Chip.
-
Who are Chip’s competitors?
Acorns Grow, Digital Moneybox, DailyPay, Plum (Financial Software), and MX are some of the 23 competitors of Chip.
Data Transparency
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