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Increase - About the company

Increase is a seed company based in Las Vegas (United States), founded in 2013 by Caleb Ogden. It operates as an Enterprise-grade banking APIs for programmatic money movement and reconciliation. Increase has raised $250K in funding. The company has 96 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like TC, marketfeed and Voleo.

Company Details

Enterprise-grade banking APIs for programmatic money movement and reconciliation. This is a modern banking infrastructure provider that empowers technology companies with direct-to-bank partnerships. They offer a full-stack feature set including ACH, FedACH, Cards, Visa, Bank accounts, Federal Reserve, Wires, Fedwire, Checks, Check, RTP, and FedNow. They provide bare-metal APIs for unfiltered access, stability, and flexible implementation. Their solutions enable embedding financial services at scale, moving money faster and more reliably, and storing and reconciling funds with flexibility. They offer customized compliance, direct-to-bank partnerships, and flexible financial primitives for developers. Their modern tooling provides seamless workflows for teams, and they act as an advocate, offering regulatory expertise and attention to detail. They provide direct connections to networks for money movement, instant bank accounts, and unopinionated building blocks. Their products include ACH Payments, Bank Accounts, Cards, Checks, Wires, and Real-Time Payments. They offer solutions for bill pay, payroll, wallets, embedded lending, fund administration, and sponsor banking. This is a B2B SaaS company.
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Registered Address
1001 SW EMKAY DR STE 100, BEND, OR 97702
Key Metrics
Founded Year
2013
Location
Las Vegas, United States
Stage
Seed
Total Funding
$250K in 1 round
Latest Funding Round
Ranked
Employee Count
1 - 10 as on Jul 01, 2024
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Increase's funding and investors

Increase has raised a total funding of $250K over 1 round.

Here is the list of recent funding rounds of Increase:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 29, 2013
3544816
Seed
3816894
6798335
4610889
1006147
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Increase's founders and board of directors

Founder? Claim Profile
The founders of Increase is Caleb Ogden.
Here are the details of Increase's key team members:

Increase's employee count trend

Increase has 1 - 10 employees as of Jul 24. Here is Increase's employee count trend over the years:
Employee count trend for Increase
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Increase's Competitors and alternates

Top competitors of Increase include TC, marketfeed and Voleo. Here is the list of Top 10 competitors of Increase, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TC
TC
2016, Itaim Bibi (Brazil), Public
Provider of an investment community platform for investors
-
-
52/100
2nd
Logo for marketfeed
marketfeed
2020, Bengaluru (India), Seed
Online platform enabling users to invest in automated option trading strategies
$125K
51/100
3rd
Logo for Voleo
Voleo
2012, Vancouver (Canada), Public
Collaborative trading platform
$2.25M
47/100
4th
Logo for Agoracom
Agoracom
1997, Toronto (Canada), Unfunded
Online investment and research-based community platform
-
-
47/100
5th
Logo for RagingBull
RagingBull
1999, New York City (United States), Acquired
Trading education and investment insights for traders seeking real profits
-
47/100
6th
Logo for FrontPage
FrontPage
2017, Bengaluru (India), Seed
Platform where traders and investors connect and share market ideas
$748K
46/100
7th
Logo for Basis
Basis
2019, Bengaluru (India), Funding Raised
Online platform offering financial services for women
-
46/100
8th
Logo for Act
Act
2022, Seoul (South Korea), Unfunded
Online community for stock market investors
-
-
42/100
9th
Logo for MoneyMeets
MoneyMeets
2012, Cologne (Germany), Public
Social Network for optimizing financial decisions
$3.89M
40/100
10th
Logo for OA Switchboard
OA Switchboard
2018, The Hague (Netherlands), Unfunded
Central metadata exchange hub for individuals
-
-
39/100
45th
Logo for Increase
Increase
2013, Las Vegas (United States), Seed
Enterprise-grade banking APIs for programmatic money movement and reconciliation
$250K
-
23/100
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Increase's Investments and acquisitions

Increase has made no investments or acquisitions yet.

Reports related to Increase

Here is the latest report on Increase's sector:

News related to Increase

Media has covered Increase for 1 event in last 1 year, It was about company updates.
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FAQs about Increase

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