PALM - About the company
PALM is a seed company based in Cairo (Egypt), founded in 2021. It operates as a Wealth management platform. PALM has raised $1M in funding from 4DX Ventures. The company has 3219 active competitors, including 228 funded and 208 that have exited. Its top competitors include companies like Dezerv, Warren and Farther.
Company Details
Wealth management platform. It enables users to buy, invest and protect their money.
Key Metrics
Founded Year
2021
Location
Cairo, Egypt
Stage
Seed
Total Funding
$1M in 1 round
Latest Funding Round
Investors
Ranked
45th among 3219 active competitors
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PALM's funding and investors
PALM has raised a total funding of $1M over 1 round. Its latest funding round was a Seed round on Jul 15, 2025 for $*****. 2 investors participated in its latest round. PALM has 2 institutional investors.
Here is the list of recent funding rounds of PALM:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 15, 2025 | 9543538 | Seed | 3111326 | 6477568 | 9599402 | 3387180 |
View details of PALM's funding rounds and investors
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PALM's Competitors and alternates
Top competitors of PALM include Dezerv, Warren and Farther. Here is the list of Top 10 competitors of PALM, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wealth management platform offering financial planning and advisory service | $100M | 78/100 | ||
2nd | Diversified investment management firm | $105M | 68/100 | ||
3rd | Farther 2019, New York City (United States), Series D | App-based financial planning and management platform for individuals | $272M | 68/100 | |
4th | Origin 2019, San Francisco (United States), Series B | Financial planning solutions for employees | $68M | 66/100 | |
5th | Pontera 2012, New York City (United States), Series C | Tax management solutions for businesses | $160M | 63/100 | |
6th | App-based mutual fund investment platform | - | - | 63/100 | |
7th | Compound 2019, San Francisco (United States), Series B | Wealth and financial management platform | $37.1M | 62/100 | |
8th | Phoenix Group 1782, London (United Kingdom), Public | Provider of long-term savings, retirement, and life insurance solutions | - | 61/100 | |
9th | Scottish Widows 1815, Edinburgh (United Kingdom), Public | Women bank | - | - | 60/100 |
10th | Caja Los Andes 1953, Providencia (Chile), Funding Raised | App-based financial planning and management platform for individuals | - | 59/100 | |
45th | Wealth management platform | $1M | 49/100 |
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PALM's Investments and acquisitions
PALM has made no investments or acquisitions yet.
Reports related to PALM
Here is the latest report on PALM's sector:
News related to PALM
Media has covered PALM for 1 event in last 1 year.
•
Egypt’s PALM Launches First Goal-Based Investment Platform, Empowering Everyday SaversTechgist Africa•Sep 01, 2025•PALM, Plus VC, 4DX Ventures
•
Palm raises over $1 million pre-seed to help Egyptians save and invest for life goalsMENAbytes•Jul 16, 2025•PALM, 4DX Ventures, Plus VC
•
PALM Secures 7-Figure Pre-Seed Funding Led by 4DX Ventures for Revolutionizing SavingsFintech Finance•Jul 16, 2025•PALM, 4DX Ventures, Plus VC
•
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