Adro - About the company
Adro is an acquired company based in New York City (United States), founded in 2024 by Sara Schmitt and Amarildo Gjondrekaj. It operates as a Provider of financial services for international individuals and businesses in the US. Adro has raised $2M in funding from Era, with last known valuation of $*****. The company has 21 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Nomad, Zolve and Karta.
Company Details
Provider of financial services for international individuals and businesses in the US. It offers checking and savings accounts, credit cards, and payment processing solutions. The services are designed to facilitate easy access to US dollar accounts and financial transactions for those based outside the US. It assists with the establishment of a US business presence, including obtaining necessary identification numbers. Banking services are provided through a partner bank.
- Website
- www.joinadro.com/
- Email ID
- *****@joinadro.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2024
Location
New York City, United States
Stage
Acquired
Total Funding
$2M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Oct 04, 2018
Ranked
3rd among 21 active competitors
Employee Count
14 as on Sep 30, 2026
Exit Details
Acquired by Snowball (Oct 24, 2025)
Legal entities associated with Adro
Adro is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
ADROCARD, INC. CIN: 6994886 , United States, Active | Aug 02, 2023 | - | - | - |
Adro's acquisition details
Adro got acquired by Snowball on Oct 24, 2025.
Click here to take a look at Adro's acquisition in detail
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Adro's funding and investors
Adro has raised a total funding of $2M over 2 rounds. Its first funding round was on Apr 10, 2024. Its latest funding round was a Seed round on Mar 26, 2025 for $*****. 2 investors participated in its latest round. Adro has 4 institutional investors.
Here is the list of recent funding rounds of Adro:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 26, 2025 | 8236219 | Seed | 7716920 | 1587131 | 3202577 | 5695455 |
Apr 10, 2024 | 4350012 | Seed | 1958388 | 2324399 |
View details of Adro's funding rounds and investors
Adro's founders and board of directors
Founder? Claim ProfileThe founders of Adro are Sara Schmitt and Amarildo Gjondrekaj. Amarildo Gjondrekaj is the CEO of Adro.
Here are the details of Adro's key team members:
- Sara Schmitt: Co-Founder & COO of Adro. Contact Info: 1 email address
- Amarildo Gjondrekaj: Co-Founder & CEO of Adro. Contact Info: 1 email address
View details of Adro's Founder profiles and Board Members
Adro's employee count trend
Adro has 14 employees as of Sep 26. Here is Adro's employee count trend over the years:
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Adro's Competitors and alternates
Top competitors of Adro include Nomad, Zolve and Karta. Here is the list of Top 10 competitors of Adro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nomad 2019, Menlo Park (United States), Series B | Digital Bank for Individuals | $113M | 69/100 | |
2nd | Zolve 2020, Roseland (United States), Series B | Fintech company providing a suite of financial services, including credit cards, bank accounts, and cross-border transactions | $106M | 62/100 | |
3rd | Adro 2024, New York City (United States), Acquired | Provider of financial services for international individuals and businesses in the US | $2M | 52/100 | |
4th | Karta 2022, Miami (United States), Series A | Provider of premium charge cards featuring integrated personal concierge services | $15M | 40/100 | |
5th | CAURI Money 2021, United States, Seed | Developer of a digital bank for ex-pats | - | 32/100 | |
6th | TellerOne 2021, New Castle (United States), Funding Raised | Online banking platform | - | 28/100 | |
7th | Aeldra 2019, Palo Alto (United States), Deadpooled | Digital bank for individuals, investors, & businesses | $3M | 23/100 | |
8th | mcortx 2025, Hollywood (United States), Unfunded | Developer of infrastructure for cross-border payments and crypto-banking services | - | - | 23/100 |
9th | Clipp 2022, Dover (United States), Deadpooled | Developer of an international banking platform | - | - | 17/100 |
10th | Tracendia Dallas (United States), Unfunded | Provider of digital banking services including currency exchange and transfers | - | - | 16/100 |
Looking for more details on Adro's competitors? Click here to see the top ones
Adro's Investments and acquisitions
Adro has made no investments or acquisitions yet.
Reports related to Adro
Here is the latest report on Adro's sector:
News related to Adro
Media has covered Adro for 1 event in last 1 year.
•
Snowball & Co. Acquires Adro and Combines It with Finfare MoneyPYMNTS.com•Oct 24, 2025•Adro, Finfare, Snowball
•
Chargeblast taps Payments Vet Amarildo Gjondrekaj as Strategic AdvisorChargeblast•Apr 25, 2024•Chargeblast, http://chargeblast.io, Adro
•
Adro raises $1.5M to bridge international students, banking servicesEIN Presswire•Apr 11, 2024•Adro, Era VC, Ex Nihilo Capital, Stearns Bank and 7 others
•
Janssen Drops Aduro, Too. How Is That Investment Thesis Shaping Up? (NASDAQ:ADRO-DEFUNCTSeeking Alpha•Oct 04, 2018•Adro
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