Everything you need to need to know about the largest NYC startup funding rounds of January 2021; broken down by industry, stage, investors, and more…
Zuben Mathews
Brigit Raises $35M to Help the 78% of Americans That are Living Paycheck-to-Paycheck
The uncertainty of the pandemic has introduced financial uncertainty to millions of Americans. During these difficult times, budgeting and prudent financial management can help Americans get through this struggle as we try to return to normalcy. Brigit is a personal finance app that takes a holistic approach to managing financial health, providing provides a complete set of tools to help users understand and improve their financial situations. The freemium app provides access to educational resources, cash advances, and credit monitoring solutions for an added flat fee, unlike other sources of capital that charge onerous fees and rates, which often put people into more financial despair. On average, the use of the app saves users $500 per annum.AlleyWatch caught up with Cofounder & CEO Zuben Mathews to learn more about the importance of financial literacy, the company’s future expansion plans, and latest round of funding, which brings the total funding raised to $38M from investors that include Lightspeed Venture Partners, with participation from DCM, Nyca, Canaan, DN Capital, CRV, Cleo Capital, Core Innovation Capital, Shasta, Hummingbird, Abstract, Brooklyn Bridge Ventures, Secocha, Ashton Kutcher’s Sound Ventures, and Flourish Ventures.
#NYCtech Week in Review: 1/17/21 – 1/23/21
NYC Tech News for the week ending 1/23 featuring news for Brigit, PivotalPath, and much, much more.
The AlleyWatch Startup Daily Funding Report: 1/19/2021
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 1/19/2021 featuring funding details for K Health, Brigit, and much more.