Finect Overview
- Year Founded
-
2007
- Status
-
Private
- Employees
-
40
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$683K
- Investors
-
5
Finect General Information
Description
Operator of a financial platform intended to help individuals in making investment decisions. The company's platform is a community specialized in finance with upgraded market news and financial information and also provides tools to control and organize investments, share information and discuss current issues, enabling investors to get help in achieving their financial goals or targets.
Contact Information
Website
www.finect.comCorporate Office
- Calle de Orense, 24
- 1st floor, Office 11
- 28020 Madrid
- Spain
Corporate Office
- Calle de Orense, 24
- 1st floor, Office 11
- 28020 Madrid
- Spain
Finect Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 30-Nov-2018 | $683K | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series A) | 01-Feb-2018 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 18-Dec-2017 | Completed | Generating Revenue | |||
| 3. Seed Round | 21-Mar-2013 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-Mar-2012 | $3.28M | $3.28M | Completed | Generating Revenue | |
| 1. Seed Round | 17-Dec-2008 | Completed | Startup |
Finect Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 49,385 | $11.371812 | $15.72 | $15.72 | 1x | $15.72 | 8.8% |
Finect Comparisons
Industry
Financing
Details
Finect Competitors (7)
One of Finect’s 7 competitors is SmartAsset, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SmartAsset | Venture Capital-Backed | New York, NY | ||||
| KOHO | Venture Capital-Backed | Vancouver, Canada | ||||
| Borrowell | Venture Capital-Backed | Toronto, Canada | ||||
| Credit Karma | Venture Capital-Backed | Oakland, CA | ||||
| Investly | Venture Capital-Backed | Tallinn, Estonia |
Finect Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Finect Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bolsas y Mercados Españoles | Corporation | Minority | ||
| Abante Asesores | Corporation | Minority | ||
| Carlos Muñoz-Rojas | Angel (individual) | Minority | ||
| Juan Urrutia | Angel (individual) | Minority | ||
| ENTRINNOVA | Venture Capital | Minority |
Finect FAQs
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When was Finect founded?
Finect was founded in 2007.
-
Where is Finect headquartered?
Finect is headquartered in Madrid, Spain.
-
What is the size of Finect?
Finect has 40 total employees.
-
What industry is Finect in?
Finect’s primary industry is Financial Software.
-
Is Finect a private or public company?
Finect is a Private company.
-
What is the current valuation of Finect?
The current valuation of Finect is .
-
What is Finect’s current revenue?
The current revenue for Finect is .
-
How much funding has Finect raised over time?
Finect has raised $7.6M.
-
Who are Finect’s investors?
Bolsas y Mercados Españoles, Abante Asesores, Carlos Muñoz-Rojas, Juan Urrutia, and ENTRINNOVA have invested in Finect.
-
Who are Finect’s competitors?
SmartAsset, KOHO, Borrowell, Credit Karma, and Investly are some of the 7 competitors of Finect.
Data Transparency
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