Suma Wealth, Inc.
Meet Charlie, your AI financial coach inside the SUMA app. Get personalized budgeting, savings, and investing advice in English or Spanish.
Funding history
About Suma Wealth, Inc.
How much funding has Suma Wealth, Inc. raised?
Suma Wealth, Inc. has raised $5.6M in total funding. The most recent round was Series A.
Where is Suma Wealth, Inc. headquartered?
Suma Wealth, Inc. is headquartered in Santa Monica, CA.
What does Suma Wealth, Inc. do?
Meet Charlie, your AI financial coach inside the SUMA app. Get personalized budgeting, savings, and investing advice in English or Spanish.
What problem does Suma Wealth, Inc. solve?
Many people, particularly those without a strong financial education background, struggle to budget, save, and invest with confidence.
What's Suma Wealth, Inc.'s solution?
SUMA offers AI-powered financial coaches (Sami and Santi) inside an app that give instant, personalized budgeting, savings, and investing advice.
What makes Suma Wealth, Inc. different?
Coaching and courses are offered bilingually in English and Spanish and are geared toward underserved communities (e.g. Latina users), with courses that let users earn credit.
What makes Suma Wealth, Inc. notable?
Founded by Beatriz Acevedo, a well-known Latina media entrepreneur (co-founder of mitu), building fintech products aimed at closing the Latino wealth gap; backers include Chingona Ventures and Radicle Impact.
Leadership
❝ Cite this page
Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated August 26, 2026.