Loading organizations...
§ Private Profile · 502 Robertson St, New Iberia, LA 70560, USA
Free HR platform providing progressive HR technology solutions for startups and small businesses, focused on small teams.
Charlie has raised $124.8M across 6 funding rounds.
Key people at Charlie.
Charlie was founded by Kevin Nazemi (Co-Founder).
Charlie has raised $124.8M in total across 6 funding rounds.
Charlie is a London, UK-based human resources technology company that provides a free HR platform designed specifically to simplify administrative operations for startups and emerging small businesses. The organization operates on a freemium business model to deliver progressive human resources solutions tailored for growing corporate teams that typically employ between 11 and 50 personnel. To support its software development and market expansion across the human resources sector, the enterprise has successfully raised a total of $1.4 million in venture capital funding. Prior to its current independent operations, the company was closely associated with the prominent startup studio The Eleven, and its core technical team includes key personnel such as software engineer Neo Sepulveda. Although its exact founding year remains undisclosed in public records, Charlie was officially established by co-founders Ben Gateley and Rob O'Donovan.
Key people at Charlie.
Charlie is a financial technology company offering a mobile banking app tailored for the 62+ community, providing services like early Social Security payments (3-5 days early), 3% APY on savings, fee-free ATMs, and advanced fraud protection.[4] It solves key pain points for seniors, such as fraud vulnerability, delayed payments, and limited access to high-yield banking, through FDIC-insured accounts (up to $250,000 via partner Sutton Bank) and real-time monitoring, serving retirees seeking secure, convenient financial management without fees or interest.[4] Note that earlier iterations of Charlie focused on general personal finance and debt repayment (founded 2016 in San Francisco), but the active Charlie.com platform has pivoted to age-specific banking.[1][4]
The original Charlie launched in 2016 in San Francisco as a personal finance app that analyzed spending habits, offered recommendations, and automated debt repayment for consumers.[1] It emerged amid rising demand for fintech tools in personal finance management, competing with apps like Albert and Cleo, but appears to have ceased primary operations in that form.[1] The current Charlie (charlie.com) represents a rebranded or evolved entity as a fintech specializing in senior banking, partnering with Sutton Bank (founded 1878) for FDIC-insured services; specific founding details for this iteration are not detailed, but it emphasizes security for the 62+ demographic post-retirement.[4] This shift aligns with broader fintech maturation toward niche markets like elder finance.
Charlie rides the fintech trend of age-specific banking, capitalizing on the aging U.S. population (baby boomers entering retirement) and rising senior fraud losses exceeding $3 billion annually. Timing is ideal amid regulatory pushes for elder financial protection and post-pandemic digital adoption by seniors, with market forces like low traditional bank yields (often under 1%) favoring high-APY fintechs.[4] It influences the ecosystem by niche-targeting underserved 62+ users, differentiating from general apps like Qapital or Cleo, and partnering with established banks to blend innovation with trust, potentially setting standards for compliant, accessible senior fintech.[1][4]
Charlie is well-positioned to expand as senior demographics grow and AI-driven fraud tools evolve, potentially adding features like AI advisors or health-linked spending insights. Regulatory tailwinds for elder protections and competition from broad fintechs will shape its path, with influence likely growing via partnerships and data on senior behaviors. This focus on "retire from work, not from living" positions Charlie as a secure gateway for tech-empowered golden years, building directly on its mission to deliver rightful financial access.[4]
Charlie was founded by Kevin Nazemi (Co-Founder).
Charlie has raised $124.8M in total across 6 funding rounds.
Charlie's investors include Gardiner Garrard, Better Tomorrow Ventures, FPV Ventures, Argonautic Ventures, Dynamo Ventures, Lerer Hippeau, TTV Capital, Peter Ackerson, Ayo Omojola, Expa, Gokul Rajaram, DCVC (Data Collective).
Charlie has raised $124.8M across 6 funding rounds. Most recently, it raised $23.0M Debt / Series A in October 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 13, 2023 | Napier Finance | $1.0M Pre-Seed | — | Brandon Neal, Jinwoo Park, Michael Egorov, SHO Yoshida, Sidney Gottlieb, Winthorpe, B Dash Ventures, Flickshot |
