SAN FRANCISCO, CA, SeedFi announced a $65 million raise Wednesday that included $15 million Series A funding and $50 million in debt.
SeedFiannounced a $65 million raise Wednesday that included $15 million Series A funding and $50 million in debt. Andreessen Horowitz led the Series A and was joined by Flourish Ventures, Core Innovation Capital and Quiet Capital. SeedFi has now raised a total of $69 million in funding.
SeedFi seeks to provide lower cost access to capital for individuals, and the opportunity to build credit and start saving. The firm's Credit Builder Plan allows customers to save as little as $10 from every paycheck, which is reported to the credit bureaus.
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