Northstar, a financial wellness benefit for employees, announced it has raised $24.4 million in new funding led by GGV Capital and joined by new investors PayPal Ventures, Thomson Reuters Ventures, and Canvas Ventures. Existing investors M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE also participated, bringing Northstar's total funding to $40 million.

Northstar is a financial wellness benefit for employees. With innovative fintech tools and a team of in-house financial advisors, Northstar helps employees make the most of their total compensation and make financial decisions with confidence. Northstar guides employees through different financial and life situations, and shows them the full value of their compensation, equity, and benefits. Northstar provides 1-on-1 financial and benefits advice to employees, which helps companies increase engagement and support their teams at scale during onboarding, open enrollment, equity events, and more.