Accrue Money

Financial ServicesSeries AMiddletown, USaccruesavings.com

Latest round

Series A

Last raised

Jan 2022

Total raised

$30M

Investors

10

About Accrue Money

Accrue Money, Inc.Founded in 2021 in Middletown, US, Accrue Money, Inc. specializes in digital financial solutions. The company has undergone no significant pivots and operates independently. Michael Hershfield serves as both the CEO and Founder, with no prior company founding history available.Accrue Money, Inc. offers a comprehensive digital wallet platform, including the Accrue Wallet, which incentivizes purchases through budgeting and crowdfunding. Additional services comprise the Accrue Fund for budgeting, the Accrue Refund for closed-loop credit, and the Accrue Reward Engine for customer behavior incentives.Accrue Money, Inc. generates revenue from transaction fees and merchant partnerships. Businesses utilizing the Accrue Wallet often engage in subscription-based agreements or pay transaction fees for purchases. The company aims to broaden its reach in North America, looking to introduce new products designed to enhance customer engagement. Specific timelines and product release dates have yet to be disclosed.

Who invested in Accrue Money

10 investors across 2 rounds

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Funding rounds

  1. Series A

    Jan 13, 2022

    Amount

    $25M

    Investors

    Locked

  2. Seed

    Jul 29, 2021

    Amount

    $4.7M

    Investors

    Locked

Questions about Accrue Money

Who invested in Accrue Money?

Accrue Money has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Accrue Money raised?

Accrue Money has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Accrue Money last raise money?

Accrue Money's most recent round on record is a Series A, in Jan 2022.

What does Accrue Money do?

Accrue Money is a financial services company.

Where is Accrue Money headquartered?

Accrue Money is headquartered in Middletown, US.

Which VCs invest in companies like Accrue Money?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Accrue Money's stage. Their profiles are linked below.

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