Found (Indie Technologies) Stock
| Valuation | $410M1 |
| Valuation Date | Jun 11, 2024 |
| Implied Valuation | n/a |
| Last Price | $0.50 |
| 52-Week High | $2.89 |
| 52-Week Low | $0.50 |
| YTD Return | n/a |
| 1-Year Return | n/a |
| 3-Year Return | n/a |
| Total Funding | $124.25M |
| Latest Round Amount | $50M1 |
| Latest Round | Series C |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $20.2M2 |
| Revenue Type | 2025 |
| P/S Ratio | 20.3 |
About Found
Found is a financial platform for self-employed people and small businesses. It combines business banking, bookkeeping, invoicing and tax tools in one app. Customers get a business checking account and debit card through partner Lead Bank, with automatic expense tracking, invoicing, tax estimates and quarterly tax payments. Found makes money mainly from card interchange, with the rest from optional Found Plus and Found Pro subscriptions and from interest on customer balances. The core account has no monthly maintenance fee.
Invest in Found
Found is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
Clarity is a secondary marketplace where accredited investors can buy and sell shares of private, pre-IPO companies. Invest in the world's most exciting startups before they go public.
Invest on ClarityStock Analysis may be compensated for user sign-ups through Clarity links. Clarity is not affiliated with Stock Analysis. Securities offered by Clarity Capital Limited, member of FINRA/SIPC.
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News
Found Partners with Lead Bank to Accelerate Growth for Small Business Owners
Found announced a strategic banking partnership with Lead Bank to power its business accounts and debit cards. The company said the switch supports features such as multiple businesses, an AI assistan...
Marqeta and Found Bring Streamlined Expense Management Offerings to SMBs and Self-Employed Professionals
Marqeta said it is powering Found's commercial debit cards for small businesses and self-employed customers. Found users can set spending limits and track card transactions in the Found app.
Announcing our Series C
Found said it closed a $50 million Series C led by Sequoia Capital, with Lightspeed, Founders Fund and Khosla Ventures participating. The company put the round's valuation at over $400 million.
Care.com Partners With Found to Offer Caregivers Financial Tools
Care.com and Found announced a partnership so US caregivers on Care.com can open a Found account to receive wages and track work expenses. The offer included a $100 bonus after depositing $1,000 withi...
The Future Of Business To Business Banking: Fintech 50 2024
Forbes named Found the only first-time Fintech 50 company in business-to-business banking in 2024. The profile covers CEO Lauren Myrick and Found's banking platform for self-employed and small-busines...
Revenued Forges First Neobank Partnership with Found to Drive Innovation and Fuel Business Growth
Revenued announced its first neobank partnership with Found so small businesses without a dedicated business bank account can open one on Found and then qualify for Revenued capital products.
Exclusive: Found raises $60 million for self-employed business banking
Found raised $60 million in Series B funding led by Founders Fund, with Lightspeed and Sequoia participating. The company offers business banking, bookkeeping and tax tools for self-employed workers.
Ex-Square execs launch Found to help the self-employed, raise $12.75M from Sequoia
Former Square executives Lauren Myrick and Connor Dunn launched Found, previously called Indie, with $12.75 million led by Sequoia. The San Francisco startup built banking, bookkeeping and tax tools f...