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Fizz raised $14.4M in a seed funding led by Kleiner Perkins to launch a credit-building debit card for Gen Z college students

PRIVATEJun 06, 2024•almost 2 years ago

Amount Raised

$14.4 Million

Round Type

seed

New YorkFinancial Services

Investors

New Era VenturesY CombinatorSv AngelKleiner Perkins

Description

Fizz, a startup focused on providing a debit card product designed for Gen Z college students, has raised $14.4 million in seed funding led by Kleiner Perkins. The funding will be used to further develop their credit-building debit card and expand their market presence.

Company Information

Company

Fizz

Location

New York, New York, United States

About

Fizz is a startup that offers a credit-building debit card aimed at Gen Z college students. The company was founded by Carlo Kobe and Scott Smith, who set out to provide college students with a different entry ramp into building credit.

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Strategic

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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