Skip to content
Sectors How it works Pricing Client stories

Insights

Companies Live signals Events Markets Trends Company lists
Log in
Platform Signal Tracker API Radar Book a 7-day Readout
Suma Wealth logo — SUMA Wealth is the leading financial technology company devo...

Suma Wealth

SUMA Wealth is the leading financial technology company devoted to increasing prosperity for young, U.S. Latinos.

Founded 2020 United States Los Angeles, United States 44 employees Seed Total: $5.50M Finance, Financial Services +1

General Information

Company Name Suma Wealth
Founded Year 2020
Location United States Los Angeles, United States
Employees 44
Industries Finance, Financial Services, Fintech
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with Suma Wealth. To contact Suma Wealth, visit sumawealth.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Suma Wealth compare?

A PDF of Suma Wealth and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Suma Wealth soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Suma Wealth

Suma Wealth is a 2020-founded financial technology company that is dedicated to increasing prosperity, opportunity, and financial inclusion for young, U.S. Latinos. Their innovative approach involves deploying technology to build engaging, culturally relevant, and useful financial tools tailored to the community. Additionally, SUMA Wealth creates user-centric content and brand-based experiences that inspire, inform, and empower the community to build wealth and control their financial future. The company has recently secured a substantial $2.20M Venture Round investment on 06 February 2024 from a consortium of notable investors including Chingona Ventures, Ulu Ventures, VamosVentures, Female Founders Fund, Radicle Impact, OVO Fund, and the American Heart Association. Operating within the Finance, Financial Services, and Fintech industries, Suma Wealth's commitment to addressing the unique financial needs of young U.S. Latinos positions it as a significant player in financial technology, with a promising trajectory for growth and impact.

Business keywords: FinTech, Latinx community, financial tools, digital media, financial inclusion, wealth building, user-centric, cultural relevance, virtual experiences, financial wellness, prosperity, opportunity

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $2.20M 7
Chingona Ventures Ulu Ventures VamosVentures
Chingona Ventures, Ulu Ventures +5
06 Feb 2024
Pre Seed Round $2.00M 3
Marcos Gonzalez, Miriam Rivera +1
12 Oct 2021
Pre Seed Round $1.30M -
19 Oct 2020

Suma Wealth Alternatives & Competitors

View All Alternatives
Suma Wealth vs
Greenwood
Greenwood United States

Modern Finance for the Culture

Series B
180 employees
Financial Services, Fintech
Compare Suma Wealth vs Greenwood
Suma Wealth vs
Maly
Maly United Arab Emirates

Empowering people through technology.

Pre-Seed
23 employees
Financial Services, Fintech
Compare Suma Wealth vs Maly
Suma Wealth vs
Rain
Rain United States

Financial health for the modern workforce

Series B
342 employees
Financial Services, Fintech
View all alternatives

FAQ About Suma Wealth

SUMA Wealth is the leading financial technology company devoted to increasing prosperity for young, U.S. Latinos.
Suma Wealth was founded in 2020.
Suma Wealth is headquartered in Los Angeles, United States.
Suma Wealth operates in Finance, Financial Services and Fintech. Its work centres on FinTech, Latinx community, financial tools and digital media.
Suma Wealth has approximately 44 employees.
Suma Wealth has completed 3 funding rounds, raising a total of $5.50M. The latest funding stage is Seed.
Top alternatives and competitors to Suma Wealth include Greenwood, Maly, Rain, Grid, Jia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Suma Wealth and Greenwood are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Suma Wealth, https://bouncewatch.com/company/suma-wealth, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout