Financial Health Startup SeedFi Launches and Announces $65 Million in Funding to Help Underserved Americans Build Credit and Savings to Accelerate Their Economic Progress
Amount Raised
$65 Million
Round Type
seed
Description
SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity and $50 million in debt. The company’s $15 million Series A round was led by Andreessen Horowitz, with participation from Flourish, Core Innovation Capital, and Quiet Capital. Andreessen Horowitz General Partner Angela Strange will join the SeedFi Board of Directors and Flourish Ventures Managing Partner Emmalyn Shaw will join as a board observer. The company has raised a total of $69 million in funding and will use the new capital to build out its product suite and grow its customer base.