CRED
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Investment Firm
Overview
CRED is a members-only credit card management and bill payments platform that rewards users every time they pay their credit card bills.
The fintech startup operates an app that rewards customers for paying their credit card bills on time and gives them access to a range of additional services such as credit and a premium catalog of products from high-end brands. Customers are offered a range of features which include the ability to better track spending across various credit cards, and get reminders. Cred is backed by investors such as Falcon Edge Capital, Coatue Management, Insight Partners, DST Global, RTP Global, Tiger Global, Greenoaks Capital, Dragoneer Investment Group, and Sofina.
It was established in Bengaluru, Karnataka by Kunal Shah in 2017.
Highlights
Founded
2018
Industry
Information Technology
Employees
251-500
Investment
2
Lead Investment
1
Exits
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Stages
Early Stage Venture
Investor Type
N/A
Location
India, Asia
Contact Information
Social
Profile Resume
CRED, established in 2018 and headquartered in India, Asia., specializes in Early Stage Venture investments across Financial Services, Finance, FinTech, PaaS, Information Technology, Software, AgTech, CleanTech, Health Care, GreenTech. Their recent investments include LiquiLoans, Yubi, Lightrock, Lightspeed India Partners, Stride Ventures. The highest investment round they participated in was $6.5B. Among their most notable exits are LiquiLoans and Yubi. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
CRED has made 2 investments. Their most recent investment was on Sep 19, 2022, when LiquiLoans raised $10.0M.
investments
2
Diversity investments
0
Lead investments
1
Number of exits
undefined
Investments
2
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Sep 29, 2021 | Yubi | Financial Services | 89.7M |
| Sep 19, 2022 | LiquiLoans | Financial Services | 10.0M |
Exits
0
Funding Timeline
Funding rounds
2
Investors
34
Funds
0
Funding Rounds
2
CRED has raised 2 rounds. Their latest funding was raised on Sep 19, 2022 from a Venture Round - LiquiLoans round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Sep 29, 2021 | Series A - Yubi | - | 89.7M | - |
| Sep 19, 2022 | Venture Round - LiquiLoans | - | 10.0M | - |
Investors
47
CRED is funded by 47 investor(s). GIC and Tiger Global Management Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
Alpha Wave Global | No | Series F - CRED | 79.3M |
Sofina | No | Series F - CRED | 79.3M |
Tiger Global Management | No | Series F - CRED | 79.3M |
GIC | Yes | Series F - CRED | 79.3M |
Tiger Global ManagementFund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
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Recent Activity
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