Bump - About the company
Bump is an acquired company based in Mountain View (United States), founded in 2008 by David Lieb, Jake Mintz and Andy Huibers. It operates as a P2P money transfer via smartphones using NFC technology. Bump has raised $16.1M in funding from Y Combinator and Andreessen Horowitz. The company has 100 active competitors, including 16 funded and 9 that have exited. Its top competitors include companies like MOVii, YouTrip and TNG Digital.
Company Details
Bump Technologies built a mobile application and API that allow two smartphones to identify one another and connect by simply being bumped together. Uses NFC technology. Funded by Y Combinator, Sequoia Capital, Andreessen Horowitz and other angel investors. Got acquired by Google in 2013 for $30M.
- Website
- bu.mp
Key Metrics
Founded Year
2008
Location
Mountain View, United States
Stage
Acquired
Total Funding
$16.1M in 2 rounds
Latest Funding Round
Investors
Ranked
20th among 100 active competitors
Employee Count
12 as on Mar 31, 2026
Exit Details
Acquired by Google (Sep 16, 2013)
Bump's acquisition details
Bump got acquired by Google on Sep 16, 2013.
Click here to take a look at Bump's acquisition in detail
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Bump's funding and investors
Bump has raised a total funding of $16.1M over 2 rounds. Its first funding round was on 2009. Its latest funding round was a Series B round on Jan 11, 2011 for $*****. 5 investors participated in its latest round. Bump has 7 institutional investors.
Here is the list of recent funding rounds of Bump:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 11, 2011 | 6113844 | Series B | 5623790 | 2482924 | 7058874 | 3127313 |
2009 | 9654 | Seed | 6578 | 6953 | 3048 |
View details of Bump's funding rounds and investors
Bump's founders and board of directors
Founder? Claim ProfileHere are the details of Bump's key team members:
- David Lieb: Co-founder and CEO of Bump. They are also an angel investor in 3 startups.Contact Info: 1 email address and 2 phone numbers
- Jake Mintz: Former Co-Founder of Bump.
- Andy Huibers: Former Co-Founder of Bump.
View details of Bump's Founder profiles and Board Members
Bump's employee count trend
Bump has 12 employees as of Mar 26. Here is Bump's employee count trend over the years:
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Bump's Competitors and alternates
Top competitors of Bump include MOVii, YouTrip and TNG Digital. Here is the list of Top 10 competitors of Bump, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Card-linked and app-based wallet for individuals | $32M | 73/100 | ||
2nd | NFC-enabled travel cards and multi-currency wallet transfer service for travelers | $106M | 71/100 | ||
3rd | TNG Digital 1997, Kuala Lumpur (Malaysia), Series A | App-based mobile wallet | $168M | 67/100 | |
4th | MuchBetter 2016, Douglas (United Kingdom), Unfunded | Provider of an e-wallet for spending, sending, and storing money | - | - | 60/100 |
5th | Online digital wallet and payment solutions for individuals and merchants | - | 59/100 | ||
6th | Zazu 2015, London (United Kingdom), Series A | Provider of financial services and a mobile money management app | $1.88M | 58/100 | |
7th | TNG Wallet 2013, Hong Kong (China), Series A | NFC-enabled and card-linked wallet for consumers | $115M | 54/100 | |
8th | High frequency sound based money transfer company | - | - | 53/100 | |
9th | Provider of mobile wallet services encompassing payments, remittances, and insurance products | - | - | 52/100 | |
10th | App-based mobile payment platform for consumers | $100M | 51/100 | ||
20th | Bump 2008, Mountain View (United States), Acquired | P2P money transfer via smartphones using NFC technology | $16.1M | 44/100 |
Looking for more details on Bump's competitors? Click here to see the top ones
Bump's Investments and acquisitions
Bump has made no investments or acquisitions yet.
Reports related to Bump
Here is the latest report on Bump's sector:
News related to Bump
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Bump Closes $16M Round By Moving Beyond Sharing Contact InfoMashable•Aug 01, 2023•Bump, Sequoia Capital, Sherpalo Ventures, SV Angel
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Bump Mobile Contact Sharing App Acquired By Google, Will Stay Alive For NowTechCrunch+•Sep 16, 2013•Bump, Google
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