Current is a financial technology company that enables people to more effectively manage their money with family and friends. The company's initial focus is a debit card and companion smartphone app for teens (and parents). Current's flexible, API-based platform adapts to the needs of each user, allowing parents to transfer money, automate allowances, set up and reward chores, put spending controls in place, and maintain visibility into their children's spending with real-time alerts. The company was founded in 2016 and is based in New York City.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/25/17 | $5,000,000 | Series A |
Cota Capital QED Investors  | undisclosed |
| 10/25/19 | $20,000,000 | Series B |
CMFG Ventures Elizabeth Street Ventures Expa Galaxy Digital Ventures QED Investors Wellington Management Company | undisclosed |
| 11/24/20 | $131,000,000 | Series C |
Avenir Growth Capital Foundation Capital QED Investors Sapphire Ventures Tiger Global Management Wellington Management Company | $750,000,000 |
| 04/27/21 | $220,000,000 | Series D |
Andreessen Horowitz Avenir Growth Capital Foundation Capital Sapphire Ventures Tiger Global Management TQ Ventures Wellington Management Company | $2,200,000,000 |
