# NodApp Pty.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nodapp-pty

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.nod.money
- Total disclosed funding: $1.9M
- Latest round: Seed (Dec 6, 2018)
- Investors on record: 6

## About

NodApp Pty. Ltd. is a financial technology company that provides innovative financial management solutions, empowering users to effectively manage their finances and enhance their financial health.Founded in 2016 and headquartered in Sydney, Australia, NodApp Pty. Ltd. focuses on developing financial management technologies. The company has completed 4 deals as of May 2021, with recent funding from investors including Lenlaw Pty Limited and Gentilly Holdings 2 Pty Limited. Philippe Cardon, the founder of Nod, has a history in fintech, although details of previous ventures are not provided. The company successfully raised AUD 943,765 in their latest funding round, bringing the total amount raised to AUD 943,765 and their current valuation to AUD 12.771 mn.Nod offers a range of innovative financial services designed to assist individuals and businesses in managing their financial health and transactions effectively. The company’s core product is a financial management platform that includes features such as budgeting tools, expense tracking, and savings optimization, catering to both individual consumers and small to medium enterprises. Their offerings are primarily marketed in North America and select European markets, targeting regions with high demand for robust financial management solutions.Nod generates revenue through a subscription-based model, where users pay monthly or annual fees for premium access to advanced features of the financial management platform. Basic budgeting tools are available for free, while personalized financial coaching and in-depth analytics require a subscription. Additionally, partnerships with financial institutions provide revenue through referral fees for user sign-ups, ensuring a seamless user experience as clients track expenses and optimize savings in real-time.To support its growth initiatives, NodApp Pty. Ltd. plans to launch new products aimed at enhancing user engagement and financial management capabilities. The recent funding raised on May 14, 2021, will facilitate these developments. Furthermore, the company aims to expand into additional markets, particularly targeting the Asia-Pacific region by 2023, capitalizing on the increasing demand for financial management solutions in these areas.

## Funding rounds

- Seed, Dec 6, 2018, $1.4M — H2 Ventures, Seed Space Ventures, Heine Sight Investments Pty Ltd, Redback Capital Pty Limited, Francis & Francis Investments Pty Ltd, Gentilly Holdings 2 Pty Limited
- Seed, Jan 25, 2018, $0.4M — H2 Ventures, Heine Sight Investments Pty Ltd, Redback Capital Pty Limited
- Seed, Feb 19, 2017, $0.1M — H2 Ventures

## Investors

- H2 Ventures (https://capitalatlas.ai/funds/h2-ventures) — Seed
- Heine Sight Investments Pty Ltd — Seed
- Redback Capital Pty Limited — Seed
- Seed Space Ventures (https://capitalatlas.ai/funds/seed-space-ventures) — Seed
- Francis & Francis Investments Pty Ltd — Seed
- Gentilly Holdings 2 Pty Limited — Seed