# RiseUp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/riseup

- Industry: Financial Services
- Headquarters: Tel Aviv, Israel
- Website: www.riseup.co.il
- Total disclosed funding: $30M
- Latest round: Series B (Jan 1, 2022)
- Investors on record: 7

## About

Based in Tel Aviv, Israel, and founded in 2017 by Yuval Smet (CEO), Yiftach Bar (CTO), and Tamara Harel Cohen (CGO), TravelApp Moments Ltd., doing business as, riseup, provides a digital platform by combining human expertise with machine capacity where customers may take control of their spending and save money to achieve their financial goals. In April 2022, TravelApp Moments Ltd. raised USD 30 million in Series B funding led by new investor Corner Ventures, with participation from another new investor Latitude Ventures, and returning investor Aleph.

The software extracts an individual's monthly income and spending trends from their bank account and generates a budget at the start of each month. The firm keeps track of the individual's actual spending and delivers updates three times a week via WhatsApp. In addition, the organization offers tailored financial guidance to individuals in need.

The firm offers its services free of charge for the first month and charges nis 45 per month in the subsequent months.

The company intends to use the April 2022 funding for global expansion plans.

## Funding rounds

- Series B, Jan 1, 2022, $30M — Aleph, Corner Ventures, Latitude Ventures
- Seed, Dec 9, 2018 — 500 Global, Endure Capital, Enara Group, Kamelizer
- Seed, Apr 6, 2018 — Aleph

## Investors

- Aleph (https://capitalatlas.ai/funds/aleph) — Seed, Series B
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Endure Capital (https://capitalatlas.ai/funds/endure-capital) — Seed
- Enara Group — Seed
- Kamelizer (https://capitalatlas.ai/funds/kamelizer) — Seed
- Corner Ventures (https://capitalatlas.ai/funds/corner-ventures) — Series B
- Latitude Ventures (https://capitalatlas.ai/funds/latitude-ventures) — Series B