How much did Yenmo raise?

Yenmo raised $500,000 in a Seed round on March 22, 2024.

Who invested in Yenmo?

Y Combinator is named as investors in this round.

Who are the decision-makers at Yenmo?

Fundz holds 1 contact at Yenmo. Names and contact details are shown to Fundz members.

Yenmo secured $500,000 in a seed funding round led by Y Combinator to provide lending options against mutual funds to every Indian consumer.

PRIVATEMar 22, 2024

Amount Raised

$500,000

Round Type

Seed

BengaluruFinancial ServicesFintechLending

Investors

Y Combinator

Description

Fintech startup Yenmo, founded by Aryan Agarwal and Ashutosh Purohit, has raised $500,000 in a seed funding round led by US-based startup accelerator Y Combinator. Yenmo enables its users to borrow against their investments at a flat 10.5% interest rate and aims to bring lending options to every Indian consumer.

Quick answer

Yenmo raised $500,000 in a Seed round, dated March 22, 2024. Investors: Y Combinator. Yenmo is based in Bengaluru, Karnataka, India.

How much did Yenmo raise?: Yenmo raised $500,000 in a Seed round on March 22, 2024.
Who invested in Yenmo?: Y Combinator is named as investors in this round.
What does Yenmo do?: At Yenmo, we believe there is a better way to lend money.
Where is Yenmo based and how big is it?: Yenmo is based in Bengaluru, Karnataka, India.
Who are the decision-makers at Yenmo?: Fundz holds 1 contact at Yenmo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

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

Firenze raised $979K (Pre-Seed) on May 2, 2024.
Lendbuzz raised $100M (Funding Round) on May 1, 2024.
Mortgage Automator raised an undisclosed amount (Corporate Round) on May 1, 2024.
Battle Financial raised $37M (Seed) on May 1, 2024.
Higala raised an undisclosed amount (Seed) on April 29, 2024.
Blend Labs raised $150M (Series A) on April 29, 2024.

Who to call at Yenmo, and when

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

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

Works inside ChatGPT and Claude. Ask who to call at Yenmo. With Fundz connected, it knows.

Watch Fundz in

See plan options

Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Yenmo

Location

Bengaluru, Karnataka, India

About

At Yenmo, we believe there is a better way to lend money. It shouldn't be with interest rates that burn a hole in your pocket, it shouldn't be pestering customers with calls and messages. Instead, it should be affordable, accessible, and with the highest priority being customer satisfaction. We hope to bring a modern way of lending which promotes healthy financial behavior. A behavior in which customers end up increasing their networth despite taking a loan. We hope to create a more financially sound ecosystem with Yenmo It's a long road, but we've strapped our bags and are walking. Walking towards a new financially sound India and we hope you'll join us on this journey!

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Yenmo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Book a demo Explore plans

Related People

1 contact

Predictive Intelligence

Strategic

ML-powered predictions for Yenmo's next move

See what Strategic adds

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

Show me how a sales rep uses this Or see plans and pricing →

5 screens from a live account. No signup.