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Based in Virginia Beach, Virginia, FinFit operates a B2B SaaS financial wellness platform that enables employers to provide holistic financial support, education, and money management tools to their workforce. The enterprise software company currently services over 50,000 active United States employer clients and reaches an estimated 10 million individual workers across various commercial business sectors nationwide. Through personalized financial assessments, dedicated coaching, student loan services, and early wage access, the platform mitigates worker financial stress and has demonstrated the capacity to increase employee retention by more than 25 percent. In April 2023, the organization significantly expanded its market presence by completing a strategic merger with Salary Finance U.S., integrating the industry expertise of executives such as Asesh Sarkar and Howard Sharfman to scale operations. FinFit was originally established in 2008 by its founder David Kilby.
FinFit has raised $42.0M across 2 funding rounds.
FinFit has raised $42.0M in total across 2 funding rounds.
FinFit has raised $42.0M in total across 2 funding rounds.
FinFit's investors include Michael Novogratz, Bison Capital, Ares Management.
FinFit has raised $42.0M across 2 funding rounds. Most recently, it raised $7.0M Series B in July 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 30, 2019 | $7M Series B | Michael Novogratz | Bison Capital | Announced |
| Mar 12, 2018 | $35M Debt Financing | Ares Management | — | Announced |
