Tellus App, Inc.
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Tellus App, Inc. - overview
Established
2016
Location
Palo Alto, CA, US
Primary Industry
Financial Services
About
Founded in 2016 by Rocky Lee and T Zhu, and based in California, US, Tellus App, Inc. operates as a fintech software company that offers a smart savings platform powered by passive income sources such as real estate for individuals. In November 2022, Tellus App, Inc. raised USD 16 million in Seed funding led by Andreessen Horowitz, with participation from All-Stars Investment, Alumni Ventures Group, Decent Capital, Vectr Ventures, West Arrow, and Westwood Ventures.
Tallus provides mobile and web applications through which individuals can deposit their savings, and the company then invests this money in providing single-family home loans to American borrowers, allowing customers to earn a higher return on their savings. Furthermore, the app provides rental property management tools to assist homeowners, landlords, and property managers in managing their income/expenses, listings, ledgers, work orders, service requests, and so on on a single platform. The company intends to use the November 2022 funding to focus on developing its product service platform and to grow its manpower.
Current Investors
Andreessen Horowitz, Westwood Ventures, All-Stars Investment
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.tellusapp.com
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Series E
Total Amount Raised
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