Status Money
Latest round
- Seed
Last raised
- May 2016
Total raised
- $4M
Investors
- 1
About Status Money
Status Money Inc.Founded in 2016, Status Money Inc. operates from its headquarters in New York, US. The company specializes in providing technology solutions that improve financial engagement. Korash Hernandez and Majd Maksad are the founders, with Majd Maksad currently serving as CEO.Status Money specializes in technology solutions designed to enhance social engagement and personalization for financial institutions and affiliate marketing platforms. Its core product, the Engagement Engine, delivers personalized customer engagement tools tailored to improve customer retention and lifetime value. Additionally, the Social PFM solution empowers users to manage their finances socially, significantly appealing to Millennials and Gen Z.Status Money generates revenue through a subscription-based model targeting B2B clients, including financial institutions and affiliate marketing platforms. Clients purchase access to the Engagement Engine and Social PFM solutions on a subscription basis, creating a reliable revenue stream. Pricing structures are customized based on client needs and implementation scale, while the Engagement Engine provides advanced analytics to drive business strategies. The company aims to launch new features within its Engagement Engine and Social PFM solutions in the coming year, catering specifically to emerging trends among its target demographics. Furthermore, Status Money is exploring opportunities to penetrate additional international markets by late 2021, focusing on regions where financial technology adoption is rapidly growing.
Who invested in Status Money
1 investor across 1 round
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Funding rounds
Seed
May 4, 2016
Amount
$4M
Investors
Questions about Status Money
Who invested in Status Money?
Status Money has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Status Money raised?
Status Money has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Status Money last raise money?
Status Money's most recent round on record is a Seed, in May 2016.
What does Status Money do?
Status Money is a software company.
Where is Status Money headquartered?
Status Money is headquartered in New York, US.
Which VCs invest in companies like Status Money?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Status Money's stage. Their profiles are linked below.
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