GoHenry

GoHenry

A developer of kids money management application helping young people to take part in the digital economy.

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Total Funding000k

Financials

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Revenues, earnings & profits over time
GBP2017201820192020202120222023
Revenues0000000000000000000000000000
% growth-36 %54 %54 %55 %29 %(4 %)
EBITDA0000000000000000000000000000
% EBITDA margin(14 %)(33 %)(38 %)(2 %)(95 %)(75 %)-
Profit0000000000000000000000000000
% profit margin(15 %)(36 %)(43 %)(8 %)(100 %)(88 %)(128 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue----3 %--

Source: Company filings or news article

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More about GoHenry
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In 2012, GoHenry was founded with a mission to make every child smart with money. The company was established by a group of parents, including Louise Hill, who recognized the need for a practical tool to teach children financial literacy. They developed a debit card and app designed specifically for kids aged 6-18, allowing them to learn money management through real-world application.

GoHenry's innovative approach quickly gained traction, and the company expanded its services across the UK and later into the US market. The platform not only provided financial education but also empowered children to make informed spending decisions, setting a foundation for responsible financial behavior.

In a significant milestone, GoHenry announced its acquisition by Acorns in 2024, a move that aligned with its mission to enhance financial literacy from an early age. This acquisition allowed GoHenry to integrate with Acorns' broader financial wellness platform, offering even more resources to its young users.

Throughout its journey, GoHenry secured several funding rounds, which fueled its growth and development. These investments were pivotal in expanding its technological capabilities and reaching a wider audience.

Today, GoHenry stands as a testament to the impact of early financial education, continuing to innovate and inspire the next generation of financially savvy individuals.

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Investments by GoHenry

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Pixpay
ACQUISITION by Acorns Apr 2023