PrizePool

Financial ServicesSeries APalo Alto, USgetprizepool.com

Latest round

Series A

Last raised

Apr 2021

Total raised

$19M

Investors

7

About PrizePool

PrizePool, Inc.PrizePool, Inc. is focused on revolutionizing savings through gamification.PrizePool operates as a technology company offering a unique banking experience that combines traditional savings with gamification elements.30% annualized return based on their account balance.PrizePool generates revenue primarily through its unique prize-based savings model, where users deposit funds into their PrizePool Accounts. This model allows them to earn a savings bonus while participating in weekly drawings and PrizeWheel sweepstakes for cash prizes.In April 2021, PrizePool, Inc. The company plans to expand its team and launch debit cards as part of its strategy to enhance its offerings. Future plans include targeting new geographical markets within the United States for expansion, although specific regions have not been detailed.

Who invested in PrizePool

7 investors across 3 rounds

See all investors in PrizePool

Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Apr 26, 2021

    Amount

    $0.2M

    Investors

    Locked

  2. Series A

    Mar 4, 2021

    Amount

    $14M

    Investors

    Locked

  3. Seed

    Aug 27, 2020

    Amount

    $4.3M

    Investors

    Locked

Questions about PrizePool

Who invested in PrizePool?

PrizePool has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PrizePool raised?

PrizePool has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did PrizePool last raise money?

PrizePool's most recent round on record is a Series A, in Apr 2021.

What does PrizePool do?

PrizePool is a financial services company.

Where is PrizePool headquartered?

PrizePool is headquartered in Palo Alto, US.

Which VCs invest in companies like PrizePool?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at PrizePool's stage. Their profiles are linked below.

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