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Talent is evenly distributed. Opportunity is not. Our company exists to fix that. Our mission is to even the playing field for creating a better life.Our financial wellness platform lets employees get paid on demand, then save for their futures, so employers retain employees and save money.
Even is a mobile money management platform that allows users to manage bank and credit union accounts. The company focuses on customers who come under the variable income earning segment and helps them to get paid on demand, budget instantly, and save automatically. Recently, Even was selected for the 2019 Forbes Fintech 50 startups list.
PRODUCTS & SERVICES
It allows the employees of partner companies to get early access to paycheck. The app automatically detects the bills and suggests the amount which has to be paid for the bills. The company offers free services to the employees of partner companies and charges a monthly subscription fee of $2.99 from the users who don't work for the partnered employers.
The company makes money by charging $2.99 per week for the services.
VALUATION / MARKET CAP:
$102 M in 2018
According to third-party data sources, the company's valuation is at $102 million. (July 2018)
$10M+ in 2018
The third-party data news sources reported that the company's estimated revenue is $20 million in 2018.
0.4 Million in 2019
ACTIVE USERS COMMENT:
The company's app is using by more over 400k users from more than ten companies, including Walmart, Kronos, etc. (Feb. 2019)
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
Jon Schlossberg (CEO); Evan Goldschmidt (CTO); Alex Daifotis (CRO)
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company will use its funds for the expansion of financial services. (July 2018)
SEED & PRIOR FUNDING
SEED CLOSED ON
SERIES A · $9 M · Apr 2016
SERIES B · $40 M · Jul 2018
SERIES C · --- · Jun 2020
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