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Suma Wealth

Suma Wealth

Private
Los Angeles, CaliforniaFinTechhttps://sumawealth.com/

Last Round

Seed

Oct 1, 2024

Total Funding Raised

$9.3M

Company Overview

Suma Wealth is a financial software company that provides a financial technology platform with culturally relevant content, tools, and experiences to help U.S. Latinos build wealth.

Sector

FinTech

Verticals

Personal Finance, Wealth Management, NLP & Conversational AI, Digital Banking, Subscription Commerce

Business Model

B2C

Customer Profile

Subscription SaaS, Freemium, Services & Consulting

AI Layer

Application

Keywords

financial wellness apppersonal finance appLatino wealthfinancial educationculturally relevant financeLatino fintechwealth buildingAI financial assistantgenerational wealthbudgeting appsavings appfreemium appfinancial literacysubscription SaaSB2B financial wellnessfinancial certification

Historical Pricing

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Caplight Momentum Score

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Suma Wealth Comparables

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Suma Wealth comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Finhabits
86%
Greenwood
69%
Goalsetter
67%

Suma Wealth Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedOct 1, 2024
SeedFeb 6, 2024
Pre SeedOct 12, 2021
Pre SeedOct 29, 2020

Key People

Founding team and executive leadership

Beatriz Acevedo

CEO & Co-Founder

Founding Team

Suma Wealth Investors

Notable investors and investment history

Suma Wealth Filings

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Suma Wealth filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Suma Wealth's valuation, stock price, and market status.

Is Suma Wealth a public or private company?

Suma Wealth is a private company.

What is the current stock price of Suma Wealth?

Suma Wealth is a private company with no public stock price. Caplight tracks Suma Wealth's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Suma Wealth worth (valuation)?

Valuation information for Suma Wealth is not publicly available.

Can I buy Suma Wealth stock?

Suma Wealth shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Suma Wealth's last funding round?

Suma Wealth's most recent funding round was Seed on October 1, 2024.

Who are the main investors in Suma Wealth?

Key investors in Suma Wealth include Radicle Impact Fund, Chingona Ventures.

Will Suma Wealth IPO soon?

No public IPO plans have been announced for Suma Wealth.

How can I track Suma Wealth secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Suma Wealth's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLos Angeles, California
Employee Range44
Year Founded2020
Last FundingOct 1, 2024

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