Fundz

Teen-Focused Fintech App Copper Raises $29M, Grows To Over 800,000 Users In Less Than A Year

PRIVATEApr 26, 2022

Amount Raised

$29 Million

Round Type

Funding Round

BerkeleyManufacturingFinancial ServicesSoftware

Description

Copper, a digital banking service aimed at teens, has raised $29 million in Series A funding in a “preemptive” round led by Fiat Ventures.

Quick answer

Copper raised $29 Million in a Funding Round round, dated April 26, 2022. Copper is based in Berkeley, California, United States.

How much did Copper raise?
Copper raised $29 Million in a Funding Round round on April 26, 2022.
What does Copper do?
Copper designs and builds appliances that improve electrification.
Where is Copper based and how big is it?
Copper is based in Berkeley, California, United States. Fundz records about 40 employees.
Who are the decision-makers at Copper?
Fundz holds 1 contact at Copper. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Manufacturing around the same time

Companies in the same sectors as Copper that raised within 45 days of this round, from Fundz verified event records.

  • Beeline Holdings raised an undisclosed amount (Corporate Round) on May 3, 2022.
  • Hadrian raised $37M on April 15, 2022.
  • Titan raised an undisclosed amount (Funding Round) on April 6, 2022.
  • Titan Casket raised $3.5M (Seed) on June 9, 2022.
  • RealWear raised an undisclosed amount (Series C) on June 9, 2022.
  • Branch raised an undisclosed amount (Series C) on June 8, 2022.

Who to call at Copper, and when

A new round usually means Copper is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Copper raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Copper, from your own LinkedIn network

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Company Information

Company

Copper

Location

Berkeley, California, United States

About

Copper designs and builds appliances that improve electrification. Its first product is a battery-equipped induction stove that plugs into a regular 120V outlet, enabling cooks to upgrade from gas to induction without costly, complex electrical upgrades.

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Related People

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Copper raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.