Fruitful raised $33M in equity funding across a seed and Series A round led by Emigrant Bank and 8VC to provide financial planning services through a mobile app.
Amount Raised
$33 Million
Round Type
Series A
New YorkFinancial ServicesSoftwareInvestors
Description
Fruitful emerged from stealth with a total of $33 million in equity funding raised across a seed and Series A round. Emigrant Bank led the company’s $8 million seed round, while 8VC led its $25 million Series A. The company also raised $4 million in a convertible note, oversubscribing the Series A. Other backers include Lux Capital, Founders Fund, Elad Gil, Hero founder and CEO Kal Vepuri, along with founders of Brex, Gemini, Tagomi, and others.
Quick answer
Fruitful raised $33 Million in a Series A round, dated March 12, 2024. Investors: Hero Founder And Ceo Kal Vepuri, Elad Gil, Founders Fund, Lux Capital, 8VC and Emigrant Bank. Fruitful is based in New York, New York, United States.
- How much did Fruitful raise?
- Fruitful raised $33 Million in a Series A round on March 12, 2024.
- Who invested in Fruitful?
- Hero Founder And Ceo Kal Vepuri, Elad Gil, Founders Fund, Lux Capital, 8VC and Emigrant Bank are named as investors in this round.
- What does Fruitful do?
- Fruitful makes it simple, affordable, and transparent to get great advice from a friendly expert dedicated to your financial wellness.
- Where is Fruitful based and how big is it?
- Fruitful is based in New York, New York, United States.
- Who are the decision-makers at Fruitful?
- Fundz holds 1 contact at Fruitful. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Fruitful that raised within 45 days of this round, from Fundz verified event records.
- Q4 raised an undisclosed amount (Debt Financing) on April 25, 2024.
- QI Tech raised an undisclosed amount (Series B) on April 25, 2024.
- Daloopa raised $18M on April 24, 2024.
- Twill Payments raised $2M (Pre-Seed) on April 24, 2024.
- Fundpath raised $2.6M (Seed) on April 23, 2024.
- Payflows raised $27M (Series A) on April 22, 2024.
Who to call at Fruitful, and when
A new round usually means Fruitful is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fruitful raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fruitful, from your own LinkedIn network
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Funding Insights
What this usually meansFruitful 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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