Funding Received
$10.5 Million in 5 Rounds from 11 Investors
Most Recent Funding
$5.5 Million Series A on January 6, 2014
Seattle, WA
Remitly is a mobile payments service that enables users to make person-to-person international money transfers from the United States.
Shivaas Gulati, Josh Hug, Matt Oppenheimer
Finance, Mobile Payments, Mobile

Company Details


Remitly is a mobile payments service that enables consumers to conveniently make person-to-person international money transfers from the United States. Its online service is disrupting the $528 billion a year industry by using the latest technology and mobile devices to eliminate unnecessary forms, codes, agents, extra time and fees tied to the traditional money transfer process. As a licensed money transmitter, Remitly currently operates in 21 states and sends millions of dollars to thousands of customers each month. The company is funded by Trilogy Partnership, Founders Co-Op, Bezos Expeditions, and TomorrowVentures. Remitly is headquartered in Seattle, WA with additional offices in the Philippines.

Current Team (4)


Funding Rounds (5) - $10.5M


Board Members and Advisors (1)

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    SK Ventures

    An early stage venture capital firm run by Paul Kedrosky and Eric Norlin.
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    Founder's Co-op

    Founder's Co-op is a seed-stage investment fund in the Pacific Northwest.
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    QED Investors

    QED Investors actively supports high-growth businesses that use information to compete — and win.
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    Seed and early-stage VC
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    Bezos Expeditions

    Bezos Expeditions manages Jeff Bezos' personal venture capital investments.
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    Trilogy Equity Partners

    Trilogy Equity Partners is a closely-held investment firm based in Bellevue, Washington.
  • Cedbb0156be5c0803c627684e5c125ab


    Techstars offers mentorship-driven seed stage investing for web and software companies.
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    Sujal Patel

    President & CEO @ Isilon Systems

Offices/Locations (2)

  • Philippines Office

    Pearl Bank Center Building, 7th Floor

    146 Valero Stree



  • Headquarters

    1601 2nd Ave.

    Suite 700

    Seattle, WA 98101


Competitors (3)

  • S9pnnztguikasfbqk79d

    Xoom Corporation

    Xoom Corporation is a digital money transfer company that allows users to securely transfer money...
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  • 3d5d5afcfe7c64e6e679297faf6e5431

    Western Union

    The Western Union Company (NYSE: WU) is a leader in global payment services. Together with its...

Images (2)

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