Tech Company Financing Transactions
Credit Genie Funding Round
On 5/31/2023, Credit Genie raised $4 million in Series A funding from Khosla Ventures, Tippet Venture Partners and Gabriel Investments.
Transaction Overview
Company Name
Announced On
5/31/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Series A
Investors
Proceeds Purpose
With the new funding, Credit Genie will expand products and hire top talent to scale its innovative approach to behavioral finance, budgeting and cash/credit management. The company aims to help millions of consumers access efficient credit at fair rates, using cutting-edge technology that analyzes diverse data points such as behavior, chat and qualitative indicators. This collective analysis identifies a person's desire to elevate their lifestyle and financial well-being, providing more accurate predictions and insights than traditional credit scoring methods.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
625 W Ridge Pike Bldg D 105
Conshohocken, PA 19428
USA
Conshohocken, PA 19428
USA
Phone
Undisclosed
Website
Email Address
Overview
Credit Genie is a FinTech company created with the mission to help Americans take control of their finances, by offering no-fee-or-interest cash advances between paydays, tools to get out of debt, and insights into their spending habits. We realize there are many payday advance apps on the market. However, they often create a difficult-to-break cycle. Through our partnerships with debt relief providers, we provide you a path to break through the cycle of debt and take back control of your finances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Edward Harycki
Browse more venture capital transactions:
Prev: 5/31/2023: Cloudsky Technologies venture capital transaction
Next: 5/31/2023: Klearly venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs