Dave

OverviewSuggest Edit

Dave is a provider of a banking app. It offers Dave Banking, a spending account and debit card that help customers budget, avoid overdraft fees, find work, and build credit.
TypePrivate
Founded2016
HQLos Angeles, CA, US
Websitedave.com
Employee Ratings4.3
Overall CultureC-

Latest Updates

Employees (est.) (Aug 2022)379
Job Openings17
Revenue (Y, 2020)$122 M(+61%)
Cybersecurity ratingBMore
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Key People/Management at Dave

Jason Wilk

Jason Wilk

Co-Founder and Chief Executive Officer
Mia Alexander

Mia Alexander

Vice President, Customer Success
Paras Chitrakar

Paras Chitrakar

Co-Founder and Chief Technology Officer
Kyle Beilman

Kyle Beilman

Chief Financial Officer
John Wolanin

John Wolanin

Co-Founder
Chien Liang-Chou

Chien Liang-Chou

Executive Vice President, Engineering
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Dave Office Locations

Dave has an office in Los Angeles
Los Angeles, CA, US (HQ)
1265 S Cochran Ave
Show all (1)

Dave Financials and Metrics

Summary Metrics

Founding Date

2016

Dave total Funding

$63 m

Dave latest funding size

$50 m

Time since last funding

3 years ago

Dave investors

Dave's latest funding round in September 2019 was reported to be $50 m. In total, Dave has raised $63 m. Dave's latest valuation is reported to be $1 b.
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Dave Revenue

Dave's revenue was reported to be $122 m in Y, 2020 which is a 60.5% increase from the previous period.
USD

Revenue (Y, 2020)

122.0m

Revenue growth (Y, 2019 - Y, 2020), %

60.5%

Gross profit (Y, 2020)

75.0m

Gross profit margin (Y, 2020), %

61.5%

EBITDA (Y, 2020)

8.0m

Market valuation

1.0b
USDY, 2018Y, 2019Y, 2020

Revenue

17.0m76.0m122.0m

Revenue growth, %

347%61%

Gross profit

8.0m43.0m75.0m

Gross profit Margin, %

47%57%61%
USDY, 2018

Revenue/Employee

902.7k
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Dave Operating Metrics

Dave's Users was reported to be 4 m in Sep, 2019. Dave's Customers was reported to be 10 m in Aug, 2021.
Jun, 2019Sep, 2019Aug, 2021

Customers

10 m

Dave Bank Users

102 k141 k

Users

3.5 m4 m

Dave Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Dave Online and Social Media Presence

Embed Graph

Dave Company Culture

  • Overall Culture

    C-

    66/100

  • CEO Rating

    C+

    73/100

  • Compensation

    C

    68/100

Learn more on Comparably

Dave News and Updates

VPC Impact Acquisition Holdings III, Inc. Announces $15M PIPE Pre-Funding from Alameda Research in Connection with its Proposed Business Combination with Dave

VPC Impact Acquisition Holdings III, Inc. (NYSE: VPCC) (“VPCC”), a special purpose acquisition company sponsored by Victory Park Capital (“VPC”), today announced that it has entered into an amendment to the PIPE subscription agreement it previously entered into with Alameda Research Ventures LLC (“A…

Dave.com Ranks #5 on Inc. 5000 list of America’s Fastest-Growing Private Companies

Dave, the Mark Cuban-backed banking app on a mission to create financial opportunity that advances America’s collective potential, has announced its #5 position on the Inc. 5000 list of America’s Fastest-Growing Private Companies. This achievement highlights an extensive list of accomplishments and …

Dave to Participate in August Investor Conferences

Dave (“Dave” or the “Company”), the banking app on a mission to create financial opportunity that advances America’s collective potential, today announced that Jason Wilk, Co-Founder and CEO, and Kyle Beilman, CFO, will be participating in the following virtual investor conferences in August. Dave a…

Dave Blogs

Protecting Your Money at Dave

Fraud is a painful reality in financial services, and the pandemic has only accelerated the number of attacks.Fraudsters often target fintech apps over traditional banks and retailers because in-person transactions and online orders of physical goods present more risk of being discovered. They use a…

Dave 2020 Year In Review

The year 2020 was full of unprecedented moments and hardship for many. We are incredibly thankful to have been in a position to help Dave members earn extra income through Side Hustle, donate to Feeding America, and add so many wonderful new faces to the team.There weren’t many

Surprising Ways to Build Credit

Like it or not, credit plays a big role in our lives as consumers. Whether we’re applying for an apartment rental, switching cell phone carriers, or shopping for a car loan, our credit score affects our ability to get approved and land the best terms and rates. It can

5 Ways to Make Side Hustling Fun

You work the 9 to 5, and do your best to stay on top of your bills. But maybe you’re not earning as much as you need, and you experience lean times during the month. If you need to take on an extra gig or two to keep your

Notice of Data Breach

Following up on our blog post from July 25th, we are providing our customers with more information about a recent cybersecurity incident affecting certain personal information. This post provides customers with information about the incident and outlines additional steps customers can take to help p…

Security incident at Dave

As the result of a breach at Waydev, one of Dave’s former third party service providers, a malicious party recently gained unauthorized access to certain user data at Dave, including user passwords that were stored in hashed form using bcrypt, an industry-recognized hashing algorithm.The stolen info…
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Dave Frequently Asked Questions

  • When was Dave founded?

    Dave was founded in 2016.

  • Who are Dave key executives?

    Dave's key executives are Jason Wilk, Mia Alexander and Paras Chitrakar.

  • How many employees does Dave have?

    Dave has 379 employees.

  • What is Dave revenue?

    Latest Dave annual revenue is $122 m.

  • What is Dave revenue per employee?

    Latest Dave revenue per employee is $321.9 k.

  • Who are Dave competitors?

    Competitors of Dave include Stripe, PayActiv and MoneyLion.

  • Where is Dave headquarters?

    Dave headquarters is located at 1265 S Cochran Ave, Los Angeles.

  • Where are Dave offices?

    Dave has an office in Los Angeles.

  • How many offices does Dave have?

    Dave has 1 office.