Upsolve received a $4.25M grant from the Bill & Melinda Gates Foundation to develop Upsolve Assist, an AI-powered financial counselor for low-income Americans.

Sep 05, 2024•over 1 year ago

Amount Raised

$4.25 Million

Round Type

seed

New YorkLendingNon ProfitFinanceFinancial ServicesEducation

Investors

Bill & Melinda Gates Foundation

Description

Upsolve, a leading nonprofit financial education site, has launched Upsolve Assist to help low-income Americans navigate financial challenges. The initiative is supported by a $4.25 million grant from the Bill & Melinda Gates Foundation.

Company Information

Company

Upsolve

Location

New York, New York, United States

About

Upsolve is a tech-driven nonprofit that helps low-income Americans overcome debt and rebuild credit at scale. Founded in Harvard Law School's Access to Justice Lab in 2016, it has become the most visited nonprofit financial education site in the nation. Upsolve educates approximately 2.9 million people a year with detailed guides on managing debt and credit. To date, its free bankruptcy filing tool has relieved over $600 million in debt for more than 14,000 families.

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