Frank, the college financial planning platform, is being acquired by JPMorgan Chase, as the bank looks to deepen its relationship with students. Terms of the transaction were not disclosed.
GingerBread Capital
#NYCtech Week in Review: 8/8/21 – 8/14/21
13 new fundings; $257M+ invested in NYC startups this past week along with two exits. NYC Tech News for the week ending 8/14 featuring news for FireHydrant, Curacity, and much, much more.
The AlleyWatch Startup Daily Funding Report: 8/12/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 8/12/2021 featuring funding details for Intelligencia, HUED, and much more.
Harness Wealth Raises $15M to Make Wealth Management Accessible for Those with Significant Equity-Based Compensation
The vast majority of individuals make their livings from wages, salaries, or other forms of labor compensation. However, this is changing as our outlook on work and how income is earned continues to evolve. For the most affluent, a large portion of their total income is derived from capital investments; there are countless services available that are catered to manage the sophisticated finances for this group. Harness Wealth is an accessible digital wealth management solution for the needs of people that have sizable equity-based holdings but aren’t necessarily affluent yet. The digital platform is a hub that focuses on financial, tax, and estate planning that connects founders, employees, and investors with vetted professionals and advisory firms. The target audience has tremendous demands on their time and optimizing their financial health often isn’t top of mind. Yet, decisions made now can have an outsized impact in the future for wealth creation. Founded in 2018, Harness Wealth now has over 1000 advisers to make wealth management accessible to this increasing portion of the population with investable assets that are seeking hybrid solutions. AlleyWatch caught up with CEO and Founder David Snider to learn more about the inspiration for the business, the company’s strategic plans, latest round of funding, from investors that include Jackson Square Ventures, Bain Capital, GingerBread Capital, FJ Labs, i2BF, Torch Capital, Activant, NFP Ventures, First Minute Capital, Liquid2 Ventures, Alleycorp, Marc Benioff, Paul Edgerley, and Ori Allon.
The Weekly Notable Startup Funding Report: 7/5/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 7/3/21 featuring funding details for ShipBob, LocoNav, Alto, and twenty-five other rounds that you need to know about.
#NYCtech Week in Review: 6/20/21 – 6/26/21
16 fundings, $520M+ invested in NYC startups, 3 SPAC announcements, 1 IPO, and 1 IPO filing in the past week. NYC Tech News for the week ending 6/26 featuring news for BuzzFeed, Pavilion, Vantage, and much, much more.
The AlleyWatch Startup Daily Funding Report: 6/22/2021
$20M in new NYC funding. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/22/2021 featuring funding details for WaitWhat, Facet Data, and much more.
The Weekly Notable Startup Funding Report: 6/14/21
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 6/12/21 featuring funding details for Zenoti, PostHog, and twenty-five other rounds that you need to know about.
#NYCtech Week in Review: 3/28/21 – 4/3/21
$560M+ invested in NYC startups in the past week; three acquisitions, consolidation in the ad tech space continues, and one IPO. NYC Tech News for the week ending 4/3 featuring news forÊHoller, Ethic, and much, much more.
PAIR Eyewear Raises $12M for its Direct-to-Consumer Eyewear Brand for Kids and Adults
20% of GenX required glasses during their childhood; today that is closer to 40% according to the American Academy of Ophthalmology. Find out how PAIR Eyewear is tackling this growing market.
The AlleyWatch Startup Daily Funding Report: 4/1/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/1/2021 featuring funding details for Holler, PAIR Eyewear, and much more.