Tricount - About the company
Tricount is an acquired company based in Brussels (Belgium), founded in 2010. It operates as a Group expense reports and settlements. Tricount has raised $567K in funding. The company has 16 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Tandem, Honeydue and Ivella.
Company Details
Tricount offers an app to settle expenses within group members. The users enter the expenses incurred by one in the group and the app offers the shortest settlement process. The app is free as of April 2016, with an option of premium feature, and also works offline, and comes with a web version too. The company earns through marketing revenue, with an option in the future for payment processing.
- Website
- tricount.com
- Registered Address
- La Place, Corroy 10 1325 Chaumont-Gistoux
Key Metrics
Founded Year
2010
Location
Brussels, Belgium
Stage
Acquired
Total Funding
$567K in 2 rounds
Latest Funding Round
Ranked
1st among 16 active competitors
Exit Details
Acquired by Bunq (May 04, 2022)
Legal entities associated with Tricount
Tricount is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Tricount CIN: 0508.560.013 , Belgium, Active | Dec 11, 2012 | - | - | - |
Tricount's acquisition details
Tricount got acquired by Bunq on May 04, 2022.
Click here to take a look at Tricount's acquisition in detail
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Tricount's funding and investors
Tricount has raised a total funding of $567K over 2 rounds. Its first funding round was on Dec 2015. Its latest funding round was a Seed round on Apr 21, 2016 for $*****. 1 investor participated in its latest round. Tricount has 2 institutional investors.
Here is the list of recent funding rounds of Tricount:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2016 | 5897717 | Seed | 1169560 | 5913768 | 4630442 | 4032257 |
Dec 2015 | 8285790 | Seed | 6673897 | 9203466 | 5837313 | 6162103 |
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Tricount's Competitors and alternates
Top competitors of Tricount include Tandem, Honeydue and Ivella. Here is the list of Top 10 competitors of Tricount, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Group expense reports and settlements | $567K | 52/100 | ||
2nd | Tandem 2020, Ann Arbor (United States), Seed | Online expenses sharing platform for couples | $3.7M | 47/100 | |
3rd | Honeydue 2016, San Francisco (United States), Acquired | App-based platform for expense management for couples | $120K | 45/100 | |
4th | Ivella 2020, Santa Monica (United States), Series A | App-based expense management platform for couples | $4.1M | 39/100 | |
5th | Monshare 2018, London (United Kingdom), Deadpooled | Expense management solutions for couples | - | - | 34/100 |
6th | Socii Money 2022, Covent Garden (United Kingdom), Seed | Expense sharing platform for couples | - | 27/100 | |
7th | Group expense management platform | - | - | 26/100 | |
8th | Peas Technology 2024, Charlotte (United States), Seed | Provider of AI-powered joint banking solutions for couples | $20K | 25/100 | |
9th | Zealth 2019, Belfast (United Kingdom), Unfunded | Money management & budgeting platform for couples | - | - | 24/100 |
10th | Wedding Wallet 2017, Waterford (Ireland), Unfunded | Goal-based money management platform | - | - | 23/100 |
Looking for more details on Tricount's competitors? Click here to see the top ones
Tricount's Investments and acquisitions
Tricount has made no investments or acquisitions yet.
Reports related to Tricount
Here is the latest report on Tricount's sector:
News related to Tricount
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•
Tricount, Aion Bank, Mastercard to Streamline Shared Expense ManagementCrowdfund Insider•Apr 01, 2022•Tricount, Aion, Vodeno, Mastercard
•
Belgium's Bancontact opens up to bill-splitting startup TricountFinextra•Jun 06, 2017•Tricount, Bancontact
•
Group expenses app Tricount settles €500K fundingTechCrunch+•Apr 22, 2016•Tricount, Splitwise, Keytrade, Andover Personnel Agency Inc and 1 other
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