Tech Company Financing Transactions
Fruitful Funding Round
On 6/8/2022, Fruitful raised $33 million in funding from 8VC, Emigrant Bank and Brex.
Transaction Overview
Company Name
Announced On
6/8/2022
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Undisclosed
Investors
8VC (Lead Investor) (Kimmy Scotti)
Emigrant Bank (Lead Investor)
private investors (Elad Gil)
private investors (Kal Vepuri)
Proceeds Purpose
We're working to build what we believe will be the first financial wellness membership platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
335 Madison Avenue 5E
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Undisclosed
Website
Email Address
Overview
Fruitful is a financial wellness platform that provides radically customer-aligned banking with expert financial guidance, 24/7 customer service, and powerful personal finance tools. Fruitful provides these services for a transparent, affordable subscription fee rather than operating off of opaque spread lending, hidden account fees, and product cross-selling. By combining this revenue model with best-in-class service and expert guidance from real people, Fruitful is reimagining consumer banking with an unwavering focus on helping its members access greater financial understanding and a more secure financial future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joshua McManus
Chief Technical Officer
Axel Ricart
Co-Founder
Frances Crocker
Co-Founder
Adam Danker-Feldman
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Where The Data Comes From
We do our best to record all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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