Latest round

Seed

Last raised

Oct 2024

Total raised

$7M

Investors

11

About Suma

Based in California, US, and founded in 2020 by co-founders Beatriz Acevedo, Mary Hernandez, and Xavier Gutierrez, Suma Inc. In October 2024, Suma Inc. Suma Inc. developed a mobile application platform for known as Suma app, which is a financial technology solution such as managing expense, smart investing, yield savings, asset diversification and family estate planning, paying credit bills, trackers, access to exclusive tips, tools, deals and services, and many more. The company offers digital media, fin-tech and virtual experiences for various topics such as investment, debt management, and sustaining wealth.70 yearly for Money Starter package.90 yearly for Money Pro package.   The firm plans to use the funds from February 2024 to support new hires across engineering, product, and sales departments, as well as the expansion of technology offerings for enhanced AI personalisation, data, and analytics.

Who invested in Suma

11 investors across 3 rounds

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Funding rounds

  1. Seed

    Oct 1, 2024

    Amount

    $3.8M

    Investors

    Locked

  2. Seed

    Feb 7, 2024

    Amount

    $2.2M

    Investors

    Locked

  3. Seed

    Jul 31, 2020

    Amount

    $1M

    Investors

    Locked

Questions about Suma

Who invested in Suma?

Suma has 11 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 Suma raised?

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

When did Suma last raise money?

Suma's most recent round on record is a Seed, in Oct 2024.

What does Suma do?

Based in California, US, and founded in 2020 by co-founders Beatriz Acevedo, Mary Hernandez, and Xavier Gutierrez, Suma Inc.

Where is Suma headquartered?

Suma is headquartered in Los Angeles, US.

Which VCs invest in companies like Suma?

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

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