Why We Raised a Series A

Happy National Financial Awareness Day! We’re encouraging our clients and users to use this day as an extra nudge to take a step forward in their financial journey; whether that’s taking a course, chatting with a financial expert, or finally setting up contributions to that Roth IRA you’ve been putting off.

We’re taking our own step forward today—and we’re ecstatic to announce our Series A funding round! You can read the full press release here.

The good folks at Allos Ventures, with participation from First Trust Capital Partners, CareSource, and Elevate Ventures, shared our vision for the next season of YML’s growth and invested in $4.5M Series A funding round to get us there. We’re excited to have such thoughtful partners and aligned board members for this next stage of the journey. 

This round isn’t just about cash in the bank. It enables us to do two exciting things: ‍

1. Double down on building our product ‍

We have a long list of fresh innovations to add to our product and services—some of which are coming in the next month! By adding to our small but mighty team of engineers, we’ll be able to move faster on our vision to build one of the most innovative and comprehensive financial coaching solutions on the market. If you’re excited about building FinTech products and using AI to solve the age-old challenge of money stress, check out the open roles on our careers page!

2. Get YML in the hands of more companies and employees.

‍While growth is exciting, we’re most excited about the chance to help millions of employees find greater financial stability and confidence. And while that involves business-y things like investing in sales and marketing, it’s much more meaningful to us.

It means more people with less debt.
More people with student loans forgiven.
More people with a budget that works for them.
More people with a path to college, to retirement, to owning a house.
More people with a feeling of “I can do this.”

This kind of impact is what keeps us coming to work every day. We’re grateful to all the companies and participants who trust us to help them build their financial futures, and we’re excited to keep working hard to serve you better and better each day.

Onward‍

To all those who have been part of our journey so far—employees, advisors, partners, mentors, family, advocates, customers, and participants—thank you. We often feel like the world is conspiring to help us and it’s because of the generosity, belief, and support of so many of you.

And if you’re new to Your Money Line and you’d like to learn more about what we do—don’t hesitate to drop us a line at hello [at] yourmoneyline.com We’d love to meet you.

From all of us here at YML—stay gettin’ money!