When was Mellow founded?

Mellow was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Mellow located?

Mellow is headquartered in Arizona City, United States.

How many employees does Mellow have?

As of Apr 30, 2026, the latest employee count at Mellow is 1.

Is Mellow a funded company?

Mellow is a funded company, having raised a total of $20K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 05, 2019.

When was the latest funding round of Mellow?

Mellow's latest funding was a $***** Seed round on Sep 15, 2020, with participation from 1 investor. Its primary sector is Investment Tech. In United States, the Investment Tech sector has seen $4.04B in funding in 2026 to date.

Where does Mellow rank among its competitors?

Mellow ranks 23rd amongst 29 active competitors, of which 6 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was FutureMoney, which secured $2.06M in Feb, 2026.

Who are the top competitors of Mellow?

Mellow's top competitors include Backer, FutureMoney and EarlyBird. Among them, FutureMoney secured the most recent funding round in February, 2026.

Mellow - 2026 Company Profile, Team, Funding & Competitors

Mellow is a deadpooled company based in Arizona City (United States), founded in 2018 by Teresa Chan and Chester Szeen. It operates as a Savings managment app for kids. Mellow has raised $20K in funding from Techstars and FinTech Innovation Lab. The company has 29 active competitors, including 6 funded and 4 that have exited. Its top competitors include companies like Backer, FutureMoney and EarlyBird.

Company Details

Mellow is a savings management app for kids & parents that combines financial education, analytics, and gamification. Parents can set monthly savings goals for kids. It enables parents to keep track of their children's progress towards financial goals. Kids can put their savings as deposits and parents provide interests with customisable rates in return. Parents can set tasks for kids and kids earn money by completing tasks. Utilizes data analytics technology to provide financial advice.

Website: mellowapp.io
Social
Email ID: *****@mellowapp.io

Key Metrics

Founded Year

2018

Location

Arizona City, United States

Stage

Deadpooled

Total Funding

$20K in 3 rounds

Latest Funding Round

Seed, Sep 15, 2020, $*****

Investors

Techstars & 4 more

Ranked

23^rd among 29 active competitors

Employee Count

1 as on Apr 30, 2026

Similar Companies

FutureMoney & 43 more

View Mellow's full profile

Mellow has raised a total funding of $20K over 3 rounds. Its first funding round was on Aug 05, 2019. Its latest funding round was a Seed round on Sep 15, 2020 for $*****. 1 investor participated in its latest round. Mellow has 5 institutional investors.

Here is the list of recent funding rounds of Mellow:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2020	8624377	Seed	4968284	8852873	9976840	2424686
2020	3332	Seed	8625	5927	5369	4986
Aug 05, 2019	4527065	Seed	8395476	1838656	FinTech Innovation Lab	8524083

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View details of Mellow's funding rounds and investors

The founders of Mellow are Teresa Chan and Chester Szeen.

Here are the details of Mellow's key team members:

Teresa Chan: Co-Founder of Mellow.
Chester Szeen: Co-Founder of Mellow.

View details of Mellow's Founder profiles and Board Members

Mellow's employee count trend

Mellow has 1 employees as of Apr 26. Here is Mellow's employee count trend over the years:

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Top competitors of Mellow include Backer, FutureMoney and EarlyBird. Here is the list of Top 10 competitors of Mellow, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Backer 2015, San Francisco (United States), Series A	Online platform for college savings fund	$18M	Crosslink Capital, WndrCo & 11 others	55/100
2nd	FutureMoney 2020, Boston (United States), Series A	Goal-based savings platform focused on child future	$2.06M	RevTech Labs Capital, Serac Ventures	55/100
3rd	EarlyBird 2019, Brooklyn (United States), Acquired	Online platform offering goal-based saving and investment for a child's future	$13.8M	Network Ventures, Seven Seven Six & 21 others	53/100
4th	UNest 2018, North Hollywood (United States), Series B	Provider of custodial investment accounts with rewards and family protection options	$40M	Artemis Investment Management, Draper Dragon ... & 16 others	49/100
5th	Mostt 2024, Sherman Oaks (United States), Funding Raised	Provider of an investment app for parents to save and invest for their children	-	Mount Venture Capital Fund	43/100
6th	Halfmore 2023, Palo Alto (United States), Seed	Fintech platform enabling users to save money and letting their children earn	$1.15M	APL Ventures	40/100
7th	SavvyFi 2017, Franklin (United States), Series A	Goal-based savings plan for child's education	$5.72M	Aligned Partners Venture Services, Sparq Capital	37/100
8th	Gradvisor 2015, Miami (United States), Acquired	Employer-enabled savings management platform for education	-	Village Capital, Innovate	36/100
9th	Pelican 2022, New York City (United States), Funding Raised	Online platform to invite friends and families to contribute on goal based education savings fund for individuals	-	Village Capital, Neo	35/100
10th	The Florida Prepaid College 1987, Tallahassee (United States), Unfunded	Savings platform focused on college education	-	-	35/100
23rd	Mellow 2018, Arizona City (United States), Deadpooled	Savings managment app for kids	$20K	Techstars, FinTech Innovation Lab & 3 others	21/100