SmartyPig - About the company
SmartyPig is a seed company based in Des Moines (United States), founded in 2007 by Mike Ferrari. It operates as an Online piggy bank for saving towards financial goals with high interest. SmartyPig has raised $1M in funding. The company has 54 active competitors, including 12 funded and 6 that have exited. Its top competitors include companies like Digit, Qapital and SaveUp.
Company Details
Online piggy bank for saving towards financial goals with high interest. It is a free online platform designed to help individuals save for various financial aspirations, such as vacations, holiday gifts, and retirement. The platform offers tiered interest rates to maximize earnings on savings. Users can automate deposits, making saving effortless. It promotes a "save-then-spend" mentality, encouraging responsible financial habits. Savings accounts are securely held and FDIC-insured. The platform provides resources like a kid's corner for financial education and calculators for budgeting. Mobile app access allows users to manage their savings on the go. It offers a user-friendly interface with login functionality and tools to track progress towards financial objectives. The platform aims to be a top destination for savings, offering a rewarding and secure way to achieve financial dreams.
- Website
- www.smartypig.com/
Key Metrics
Founded Year
2007
Location
Des Moines, United States
Stage
Seed
Total Funding
$1M in 1 round
Latest Funding Round
Ranked
6th among 54 active competitors
Employee Count
1 as on May 31, 2026
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SmartyPig's funding and investors
SmartyPig has raised a total funding of $1M over 1 round.
Here is the list of recent funding rounds of SmartyPig:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 30, 2012 | 2317965 | Seed | 6917196 | 3972937 | 7238502 | 6709832 |
View details of SmartyPig's funding rounds and investors
SmartyPig's founders and board of directors
Founder? Claim ProfileThe founders of SmartyPig is Mike Ferrari.
Here are the details of SmartyPig's key team members:
- Mike Ferrari: Co-Founder of SmartyPig and founder of 1 other company.
View details of SmartyPig's Founder profiles and Board Members
SmartyPig's employee count trend
SmartyPig has 1 employees as of May 26. Here is SmartyPig's employee count trend over the years:
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SmartyPig's Competitors and alternates
Top competitors of SmartyPig include Digit, Qapital and SaveUp. Here is the list of Top 10 competitors of SmartyPig, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Digit 2013, San Francisco (United States), Acquired | Mobile app that automatically saves money for the users | $64M | 63/100 | |
2nd | Qapital 2012, New York City (United States), Series B | Mobile app for micro-savings | $55.3M | 57/100 | |
3rd | SaveUp 2011, San Francisco (United States), Acquired | Personal finance reward platform | $7M | 45/100 | |
4th | Nav.it 2016, Seattle (United States), Seed | App-based money management platform for individuals | $1.15M | - | 45/100 |
5th | Apella 2014, Glastonbury (United States), Seed | Multiple goal-based saving platform for individuals | - | 42/100 | |
6th | SmartyPig 2007, Des Moines (United States), Seed | Online piggy bank for saving towards financial goals with high interest | $1M | - | 41/100 |
7th | Finnt 2014, United States, Seed | Decentralized platform for financial products | $4M | 40/100 | |
8th | WealthBuilder 2017, Las Vegas (United States), Unfunded | App-based financial management platform for individuals | - | - | 40/100 |
9th | Seashell 1997, Seattle (United States), Early Stage | App-based savings platform for individuals | $6M | 39/100 | |
10th | Neev 2021, Seattle (United States), Seed | Online financial services provider offering third-party services | $2.2M | - | 36/100 |
Looking for more details on SmartyPig's competitors? Click here to see the top ones
SmartyPig's Investments and acquisitions
SmartyPig has made no investments or acquisitions yet.
Reports related to SmartyPig
Here is the latest report on SmartyPig's sector:
News related to SmartyPig
Media has covered SmartyPig for 1 event in last 1 year.
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Samty raises JYP17bn for first Japanese hotel real estate fundInvestment Pensions Europe•Jul 28, 2025•SmartyPig
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