# Jeff App

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jeff-app

- Industry: Financial Services
- Headquarters: Riga, Latvia
- Website: www.jeff-app.com
- Total disclosed funding: $4.5M
- Latest round: Seed (Jul 17, 2024)
- Investors on record: 6

## About

Based in Latvia, Jeff App operates as a loan brokerage platform intended to connect users with various loan offers in the market. The company was co-founded by Reinis Tenis and Toms Niparts and as of September 2021, Jeff App has approximately 15 to more than 40 employees in offices in Latvia and Southeast Asia. In July 2024, Jeff App raised USD 2 million in seed funding led by new investor Presto Ventures, with participation from returning investor J12 Ventures. Other unspecified and individual investors also participated in the round.

The company offers personalized loans applications called "Super App" intended to helps users to search, compare and grab interest offers available in lending institutions. and also provides coupons such as Shopee discounts and launches a telecom charge with cashback offers and referrals.

The company plans to use the July 2024 funding to accelerate its commercial expansion into India and other rising Asian nations, expedite the recruitment of top tech talent, and expand the range of financial services and products, such as lending, available on its marketplace.

## Funding rounds

- Seed, Jul 17, 2024, $2M — J12 Ventures, Presto Ventures
- Seed, Sep 7, 2021, $1.5M — Startup Wise Guys, iSeed Ventures, J12 Ventures, Estonian Business Angels Network, Toy Ventures
- Seed, Mar 23, 2021, $1M — Startup Wise Guys, Estonian Business Angels Network

## Investors

- Startup Wise Guys (https://capitalatlas.ai/funds/startup-wise-guys) — Seed
- Estonian Business Angels Network (https://capitalatlas.ai/funds/estonian-business-angels-network) — Seed
- iSeed Ventures (https://capitalatlas.ai/funds/iseed-ventures) — Seed
- J12 Ventures (https://capitalatlas.ai/funds/j12-ventures) — Seed
- Toy Ventures (https://capitalatlas.ai/funds/toy-ventures) — Seed
- Presto Ventures (https://capitalatlas.ai/funds/presto-ventures) — Seed