Wealth42 Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
13
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$441K
- Investors
-
13
Wealth42 General Information
Description
Developer of a Robo-advisor application designed to provide goal-based financial planning. The company's platform personalized investment objectives which help build a habit of saving, allows to set financial goals, and provides investment plans with analysis from market experts, enabling users to simplify personal finances across loans, investments, savings, taxes, and insurance and get personalized banking and investing experience.
Contact Information
Website
wealth42.comCorporate Office
- 105 RMV Orchards, Seenappa Layout
- New Bel Road, R.m.v. Extension II Stage
- Bangalore, Karnataka 560094
- India
Corporate Office
- 105 RMV Orchards, Seenappa Layout
- New Bel Road, R.m.v. Extension II Stage
- Bangalore, Karnataka 560094
- India
Wealth42 Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Seed Round | 30-Aug-2021 | $441K | Completed | Startup | ||
| 1. Grant | 27-Dec-2019 | Completed | Startup |
Wealth42 Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares |
Wealth42 Comparisons
Industry
Financing
Details
Wealth42 Competitors (9)
One of Wealth42’s 9 competitors is Quantum Information Services, a Corporation company based in Mumbai, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Quantum Information Services | Corporation | Mumbai, India | ||||
| 5nance.com | Formerly VC-backed | Mumbai, India | ||||
| ArthaYantra | Formerly VC-backed | Hyderabad, India | ||||
| S9 Financial Planners | Corporation | Mumbai, India | ||||
| FundsIndia | Private Equity-Backed | Chennai, India |
Wealth42 Signals
Wealth42 Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Cloud Capital (India) | Venture Capital | Minority |
Wealth42 FAQs
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When was Wealth42 founded?
Wealth42 was founded in 2019.
-
Where is Wealth42 headquartered?
Wealth42 is headquartered in Bangalore, India.
-
What is the size of Wealth42?
Wealth42 has 13 total employees.
-
What industry is Wealth42 in?
Wealth42’s primary industry is Other Financial Services.
-
Is Wealth42 a private or public company?
Wealth42 is a Private company.
-
What is the current valuation of Wealth42?
The current valuation of Wealth42 is .
-
What is Wealth42’s current revenue?
The current revenue for Wealth42 is .
-
How much funding has Wealth42 raised over time?
Wealth42 has raised $441K.
-
Who are Wealth42’s investors?
, , , , and Cloud Capital (India) are 5 of 13 investors who have invested in Wealth42.
-
Who are Wealth42’s competitors?
Quantum Information Services, 5nance.com, ArthaYantra, S9 Financial Planners, and FundsIndia are some of the 9 competitors of Wealth42.
Data Transparency
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