What Does PrizePool Do?

Total employees8
HeadquartersLos Angeles
FoundedN/A

PrizePool is a financial technology company founded in 2019 by Frank Licea and Joe Woo. It offers an innovative approach to personal savings by providing FDIC-insured savings accounts that give account holders chances to win weekly cash prizes. The platform aims to make saving money more engaging, fun, and rewarding, thereby encouraging positive financial habits, especially among younger demographics. By combining the security of traditional banking with the excitement of potential winnings, PrizePool seeks to motivate users to save consistently.

Where Is PrizePool's Headquarters?

HQ Function

The Los Angeles headquarters serves as the central nerve center for PrizePool, housing its leadership, product development, engineering, marketing, operations, and customer support strategy teams.

Notable Features:

The office is situated in Century City, a prominent business district known for its modern high-rise buildings and proximity to financial and entertainment industries. Specific internal features of PrizePool's suite are not publicly detailed.

Work Culture:

As a fintech startup, PrizePool likely fosters a dynamic, fast-paced, and collaborative work environment. The culture probably emphasizes innovation, user-centric design, and a mission-driven approach to improving financial well-being.

HQ Significance:

Locating in Los Angeles provides PrizePool with access to a diverse and skilled talent pool in technology, finance, and creative marketing, crucial for its growth and product innovation. It also places them in a vibrant ecosystem of startups and venture capital.

Values Reflected in HQ: The choice of a professional and well-connected business district like Century City may reflect PrizePool's commitment to credibility, growth, and establishing a strong presence in the competitive fintech landscape.

Location:

PrizePool's services are currently focused on customers residing in the United States. Its banking products and prize-linked savings accounts are designed for U.S. residents with U.S. bank accounts and Social Security Numbers. While the platform is digital and accessible online, its core market and operational support are U.S.-based.

Street Address:

1800 Century Park East, Suite 600

City:

Los Angeles

State/Province:

CA

Country:

USA

Where Else Does PrizePool Operate Around the World?

No additional office locations available.

Buying Intent Signals for PrizePool

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading PrizePool? Meet the Executive Team

As of April 2025, PrizePool' leadership includes:

Frank Licea - Co-Founder & CEO
Joe Woo - Co-Founder & CTO

Who's Investing in PrizePool?

PrizePool has been backed by several prominent investors over the years, including:

Y Combinator
Accomplice
Coatue
Bling Capital
World Innovation Lab (WiL)
Valor Equity Partners
Mucker Capital
Tribe Capital
SciFi VC
Streamlined Ventures
Clocktower Technology Ventures
Mantis VC (The Chainsmokers)
Republic

What Leadership Changes Has PrizePool Seen Recently?

Hire0
Exits0

Based on publicly available information, there have been no major C-level executive hires or departures announced at PrizePool within the last 12 months. The founding team continues to lead the company.

What Technology (Tech Stack) Is Used byPrizePool?

Discover the tools PrizePool uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

PrizePool Email Formats and Examples

Common email formats for companies like PrizePool include [first].[last]@prizepool.com or [first_initial][last]@prizepool.com. The specific format can vary, but these are standard for tech startups.

[first].[last]@prizepool.com (e.g., frank.licea@prizepool.com) or [first]@prizepool.com (e.g., frank@prizepool.com)

Format

contact@prizepool.com

Example

70%

Success rate

What's the Latest News About PrizePool?

PrizePool Blog • May 23, 2023

PrizePool Introduces New Debit Card Rewards Program

PrizePool announced the launch of a new rewards program for its debit card users, offering enhanced benefits and more chances to win prizes, aiming to further gamify the savings and spending experience for its customers....more

TechCrunch • October 26, 2021

PrizePool, a fintech that gamifies savings, grabs $10M from Accomplice, Coatue

PrizePool secured $10 million in a seed extension funding round co-led by Accomplice and Coatue. This investment was aimed at scaling its operations and expanding its prize-linked savings account offerings....more

NerdWallet • February 7, 2024 (article updated, concept ongoing)

PrizePool Review: Savings With a Chance to Win Cash

NerdWallet provides an overview and review of PrizePool's prize-linked savings account, detailing how it works, its pros and cons, and who might benefit from this unique approach to saving money....more

Highperformr's free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including PrizePool, are just a search away.