Fundz

Ualett has secured a $150 million debt facility from Thiele Capital Management to accelerate growth and expand its market reach.

PRIVATESep 25, 2025

Amount Raised

$150 Million

Round Type

Funding Round

WilmingtonFinanceFintech

Investors

Thiele Capital Management

Description

Ualett has announced it secured a $150 million debt facility from Thiele Capital Management to enhance its services for the gig economy. This facility strengthens Ualett's capacity to provide financial tools for 1099 workers. Thiele Capital's CEO highlighted their confidence in Ualett's responsible scaling. This milestone continues Ualett's vision and growth in serving independent workers across the U.S.

Quick answer

Ualett raised $150 Million in a Funding Round round, dated September 25, 2025. Investors: Thiele Capital Management. Ualett is based in Wilmington, Delaware, United States.

How much did Ualett raise?
Ualett raised $150 Million in a Funding Round round on September 25, 2025.
Who invested in Ualett?
Thiele Capital Management is named as investors in this round.
What does Ualett do?
Ualett is a leading mobile app solution offering online cash advances to independent workers in the United States.
Where is Ualett based and how big is it?
Ualett is based in Wilmington, Delaware, United States. Fundz records about 84 employees.
Who are the decision-makers at Ualett?
Fundz holds 1 contact at Ualett. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

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

  • Upward raised $8M (Seed) on November 7, 2025.
  • Matador Gold Technologies raised $11M on November 7, 2025.
  • Paywatch raised $20M (Series A) on November 6, 2025.
  • Devengo raised $2.3M (Pre-Series A) on November 6, 2025.
  • Crew raised $3.8M (Seed) on November 6, 2025.
  • ClearStake raised $2M (Funding Round) on November 5, 2025.

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Company Information

Company

Ualett

Location

Wilmington, Delaware, United States

About

Ualett is a leading mobile app solution offering online cash advances to independent workers in the United States. As a financial technology company, Ualett is the most trusted provider of tailored cash advance solutions for gig economy workers, including rideshare drivers, delivery drivers, and small business owners. With over 280,000 users, Ualett is committed to helping independent contractors achieve financial flexibility through personalized, secure financial services that meet their unique needs.

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Ualett 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.