Walrus

Walrus

Evolving banking services and solutions

About Walrus

Simplify's Rating
Why Walrus is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Cybersecurity

Financial Services

Company Size

1-10

Company Stage

Seed

Total Funding

$4.5M

Headquarters

New York City, New York

Founded

2019

Overview

Walrus is focused on transforming the traditional banking experience. The company aims to create a new approach to banking that is more aligned with the needs of modern consumers. While specific details about their products are not provided, the emphasis is on evolving banking practices to better serve users. Unlike many traditional banks, Walrus is backed by Y Combinator and has received support from Google, which may provide them with unique resources and insights to innovate in the financial sector. The goal of Walrus is to redefine banking, making it more accessible and user-friendly for everyone.

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for eco-friendly packaging boosts Walrus's market potential.
  • E-commerce expansion drives need for innovative packaging, benefiting Walrus.
  • Advancements in biodegradable technology offer Walrus new product innovation opportunities.

What critics are saying

  • Emerging eco-friendly packaging companies challenge Walrus's market share.
  • Surge in raw material costs pressures Walrus's profit margins.
  • Consumer shift to personalized products may require Walrus to adapt offerings.

What makes Walrus unique

  • Walrus focuses on eco-friendly packaging solutions, meeting rising consumer environmental consciousness.
  • The company leverages advancements in biodegradable materials for innovative product offerings.
  • Walrus aligns with the plant-based product trend, using sustainable and natural materials.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$4.5M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$4.5M
Walrus

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Relocation Assistance

Unlimited Paid Time Off

Company Equity

Company News

DealStreetAsia
Jul 15th, 2020
India Deal Monitor: Better Capital invests in neobank Walrus and more updates

The startup said, it plans to utilise the funding to expand its team and enhance product features.

Recently Posted Jobs

Sign up to get curated job recommendations

Walrus is Hiring for 7 Jobs on Simplify!

Find jobs on Simplify and start your career today

πŸ’‘
We update Walrus's jobs every few hours, so check again soon! Browse all jobs β†’