# ErnitTM: Electrical/electronic manufacturing, Kobenhavn, Denmark

> ErnitTM: ErnitTM was a Copenhagen-based company known for its innovative digital piggy bank system designed to teach children about money management.

Source: https://millionrounds.com/startup/ernit (Millionrounds; every figure on the page links to its filing or article)

Denmark · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies)

# ErnitTM

ErnitTM was a Copenhagen-based company known for its innovative digital piggy bank system designed to teach children about money management.

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Funding reported Last round: Seed

Electrical/electronic manufacturing Kobenhavn, Denmark

Company summary

- **Founded:** 2013 13 years old
- **Team:** 10 1 to 10 people
- **Funding reported:** 1.1M as listed, currency not stated
- **Last round:** Seed Nov 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for ErnitTM has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About ErnitTM

ErnitTM was a Copenhagen-based company known for its innovative digital piggy bank system designed to teach children about money management.

Founded between 2013 and 2015, Ernit combined a mobile app with a smart physical piggy bank, creating an engaging way for families to educate their children on saving, spending, and financial goal-setting. The product featured a mobile app that connected to a child's bank account, allowing users to set financial goals and track progress. The smart piggy bank provided interactive feedback through lights and sounds when money was added, making the experience tangible and fun. Ernit aimed to empower children aged 4 to 15 with financial literacy skills in a digital currency world, targeting parents and families as primary users.

## What company datasets say ErnitTM raised

Funding, as reported

Reported in all **1.1M** in the source's currency

Rounds **6**

Last round **Seed**

Last round date **Nov 2017**

Investors listed **6**

## The company, in detail

What they build

Known for

consumers piggy bank education information technology & services financial services children e-learning financial literacy b2c fintech digital money mechanical or industrial engineering electrical/electronic manufacturing learning e-commerce d2c

Built with from their website

Remote Android

- **Sector:** Electrical/electronic manufacturing
- **Industry code:** NAICS 334111, SIC 7372
- **Region:** Capital Region of Denmark
- **Revenue:** 1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/ernit)

## Electrical/electronic manufacturing in Denmark

Startups like it

- [**Subra** Farum · founded 2014](https://millionrounds.com/startup/subra)
- [**SOUNDBOKS** Kobenhavn · founded 2015](https://millionrounds.com/startup/soundboks)
- [**Oktogrid** Copenhagen · founded 2019](https://millionrounds.com/startup/oktogrid)
- [**Paralenz** founded 2015](https://millionrounds.com/startup/paralenz)
- [**Nordic Power Converters** Herlev · founded 2014](https://millionrounds.com/startup/nordic-power-converters)
- [**npc-uk (Part of the LITE Group)** Herlev](https://millionrounds.com/startup/npc-uk-part-of-the-lite-group)
- [**Hybird Energy** Copenhagen · founded 2023](https://millionrounds.com/startup/hybird-energy)
- [**Danfoss IXA** Kolding · founded 2009](https://millionrounds.com/startup/danfoss-ixa)

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