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Empower
company
About
Empower is helping people access credit affordably, improve their credit health, and rewrite their financial story.
- 101 - 250
Details
- Last Funding Type
- Series B
- Last Funding Money Raised
- $150M
- Industries
- Banking,Finance,FinTech,Lending,Personal Finance
- Founded date
- Jan 1, 2016
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Empower is a high-growth financial technology company on a mission to solve access to affordable credit for everyday Americans. We dream up and launch one-of-a-kind features that help our members get money instantly whenever they need it, save for the future, and rewrite their financial story. Our members see Empower Cash Advance as a life-saver, Empower Automatic Savings as a game-changer, and the new Empower Thrive line of credit as a lifeline to low-cost borrowing and the only practical path to building credit.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$174.50M
Empower has raised a total of
$174.50M
in funding over 2 rounds. Their latest funding was raised on
Jul 8, 2021 from a Series B round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 8, 2021 | Series B | $150M | 1 | — | — | Detail |
| Mar 5, 2020 | Series A | $20M | 1 | — | — | Detail |
| Sep 19, 2018 | Seed | $4.50M | 1 | — | — | Detail |
| May 9, 2017 | Seed | — | 1 |
Sequoia Capital
|
— | Detail |
Investments
Number of Investments
Number of Lead Investments
2
0
Empower has made 2 investments. Their most recent investment was on
Dec 13, 2022, when The Upright Project raised €5M.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Dec 13, 2022
The Upright Project
|
Seed | €5M | Big Data | — |
|
Dec 31, 2021
#Rens
|
Seed | €3M | Blockchain | — |
Investors
Number of Lead Investors
Number of Investors
1
1
Empower is funded by 1 investors.
Sequoia Capital
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Sequoia Capital
|
— | Series B |
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