Grow Credit Overview
- Year Founded
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2018
- Status
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Private
- Employees
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17
- Latest Deal Type
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Series A
- Latest Deal Amount
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$10M
- Investors
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29
Grow Credit General Information
Description
Developer of a credit-building platform intended to establish or build credit for free using their existing subscription accounts. The company's platform extends a loan to expand its subscription services and uses a virtual card to pay for online subscriptions, offers paid premium plans that help with a larger card limit and additional features, enabling cardholders to boost credit scores for free and enjoy a large number of financial services.
Contact Information
Website
marketing.growcredit.comCorporate Office
- 1447 2nd Street
- Suite 200
- Santa Monica, CA 90401
- United States
Corporate Office
- 1447 2nd Street
- Suite 200
- Santa Monica, CA 90401
- United States
Grow Credit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series A) | 28-Sep-2023 | $10M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series 1) | 14-Sep-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 09-Jun-2020 | $2M | $2M | Completed | Generating Revenue | |
| 1. Angel (individual) | Completed | Startup |
Grow Credit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed-4 | ||||||||
| Seed-3 | ||||||||
| Seed-2 | 349,361 | $0.000010 | 8% | $2.25 | $2.25 | 1x | $2.25 | 2.31% |
| Seed-1 | 3,058,947 | $0.000010 | 8% | $2.81 | $2.81 | 1x | $2.81 | 20.26% |
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.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Grow Credit Comparisons
Industry
Financing
Details
Grow Credit Competitors (10)
One of Grow Credit’s 10 competitors is Nav, a Venture Capital-Backed company based in San Mateo, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nav | Venture Capital-Backed | San Mateo, CA | ||||
| Credit Sesame | Private Equity-Backed | Mountain View, CA | ||||
| TomoCredit | Venture Capital-Backed | San Francisco, CA | ||||
| Petal. | Formerly VC-backed | New York, NY | ||||
| Credit Karma | Venture Capital-Backed | Oakland, CA |
Grow Credit Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Grow Credit Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Grow Credit Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| USAA Corporate Development | Corporate Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| BayView Capital | PE/Buyout | Minority | ||
| BillGO | VC-Backed Company | Minority | ||
| Blue Ridge Bankshares | Corporation | Minority |
Grow Credit FAQs
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When was Grow Credit founded?
Grow Credit was founded in 2018.
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Where is Grow Credit headquartered?
Grow Credit is headquartered in Santa Monica, CA.
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What is the size of Grow Credit?
Grow Credit has 17 total employees.
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What industry is Grow Credit in?
Grow Credit’s primary industry is Financial Software.
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Is Grow Credit a private or public company?
Grow Credit is a Private company.
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What is the current valuation of Grow Credit?
The current valuation of Grow Credit is .
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What is Grow Credit’s current revenue?
The current revenue for Grow Credit is .
-
How much funding has Grow Credit raised over time?
Grow Credit has raised $118M.
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Who are Grow Credit’s investors?
USAA Corporate Development, , BayView Capital, BillGO, and Blue Ridge Bankshares are 5 of 29 investors who have invested in Grow Credit.
-
Who are Grow Credit’s competitors?
Nav, Credit Sesame, TomoCredit, Petal., and Credit Karma are some of the 10 competitors of Grow Credit.
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