Fundz

Achieve Secures $50 Million Warehouse Facility From Silicon Valley Bank

PRIVATEJun 28, 2023

Amount Raised

$50 Million

Round Type

Funding Round

San FranciscoFinancial Services

Investors

First Citizens BankSilicon Valley Bank

Description

Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that it has provided a $50 million warehouse facility to Achieve, the leader in digital personal finance. Achieve provides personal loans to help with debt and cash flow, home equity lines of credit, as well as financial tools and education and has helped more than 1.5 million members resolve or consolidate over $17 billion in debt.

Quick answer

Achieve raised $50 Million in a Funding Round round, dated June 28, 2023. Investors: First Citizens Bank and Silicon Valley Bank. Achieve is based in San Francisco, California, United States.

How much did Achieve raise?
Achieve raised $50 Million in a Funding Round round on June 28, 2023.
Who invested in Achieve?
First Citizens Bank and Silicon Valley Bank are named as investors in this round.
What does Achieve do?
Achieve is the leader in digital personal finance, built to help everyday people thrive.
Where is Achieve based and how big is it?
Achieve is based in San Francisco, California, United States. Fundz records about 2,800 employees.
Who are the decision-makers at Achieve?
Fundz holds 1 contact at Achieve. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Achieve that raised within 45 days of this round, from Fundz verified event records.

  • Quility raised an undisclosed amount on August 10, 2023.
  • Treasure Financial raised $7.5M (Funding Round) on August 10, 2023.
  • Changeblock raised $250K (Funding Round) on August 9, 2023.
  • Stable Money raised $5M (Funding Round) on August 8, 2023.
  • Resilience raised $100M (Series D) on August 7, 2023.
  • Emtech Solutions raised $4M (Seed) on August 4, 2023.

Who to call at Achieve, and when

A new round usually means Achieve is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Achieve raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Achieve, from your own LinkedIn network

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Company Information

Company

Achieve

Location

San Francisco, California, United States

About

Achieve is the leader in digital personal finance, built to help everyday people thrive. Achieve offers innovative digital financial solutions including home equity loans, personal loans and debt resolution, as well as financial education. From the single parent trying to catch up on bills to the entrepreneur trying to make their dreams a reality, we provide innovative, personalized financial solutions to move them towards a better financial future. By focusing on each individual to understand what’s working for them and what’s not, we tailor an approach to meet their specific needs and goals. Then we add in our data and intelligence, innovative technology, unique solutions, and an empathetic human touch to help our members move their finances forward. We put our members first and treat them like humans, not account numbers. Our people make the biggest difference. With more than 2,700 teammates across the country with hubs in California, Arizona, and Texas, everyone collaborates to make an impact on our mission; to empower everyday people to move forward on the path to a better financial future.

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Related People

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Achieve raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.