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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.
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Key Metrics
Founded Year
2007
Location
Des Moines, United States
Stage
Seed
Total Funding
$1M in 1 round
Latest Funding Round
Ranked
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
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SmartyPig's founders and board of directors

Founder? Claim Profile
The founders of SmartyPig is Mike Ferrari.
Here are the details of SmartyPig's key team members:

SmartyPig's employee count trend

SmartyPig has 1 employees as of May 26. Here is SmartyPig's employee count trend over the years:
Employee count trend for SmartyPig
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Digit
Digit
2013, San Francisco (United States), Acquired
Mobile app that automatically saves money for the users
$64M
63/100
2nd
Logo for Qapital
Qapital
2012, New York City (United States), Series B
Mobile app for micro-savings
$55.3M
57/100
3rd
Logo for SaveUp
SaveUp
2011, San Francisco (United States), Acquired
Personal finance reward platform
$7M
45/100
4th
Logo for Nav.it
Nav.it
2016, Seattle (United States), Seed
App-based money management platform for individuals
$1.15M
-
45/100
5th
Logo for Apella
Apella
2014, Glastonbury (United States), Seed
Multiple goal-based saving platform for individuals
-
42/100
6th
Logo for SmartyPig
SmartyPig
2007, Des Moines (United States), Seed
Online piggy bank for saving towards financial goals with high interest
$1M
-
41/100
7th
Logo for Finnt
Finnt
2014, United States, Seed
Decentralized platform for financial products
$4M
40/100
8th
Logo for WealthBuilder
WealthBuilder
2017, Las Vegas (United States), Unfunded
App-based financial management platform for individuals
-
-
40/100
9th
Logo for Seashell
Seashell
1997, Seattle (United States), Early Stage
App-based savings platform for individuals
$6M
39/100
10th
Logo for Neev
Neev
2021, Seattle (United States), Seed
Online financial services provider offering third-party services
$2.2M
-
36/100
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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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FAQs about SmartyPig

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