# Aspiration Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aspiration-financial

- Industry: Financial Services
- Headquarters: Marina del Rey, US
- Website: www.aspiration.com
- Total disclosed funding: $250M
- Latest round: Series C (Jan 28, 2021)
- Investors on record: 17

## About

Based in California, US, and founded in 2013 by Andrei Cherny (CEO) and Joseph N. Sanberg, Aspiration Financial, LLC operates as an online financial institution that offers banking services and investing products. In August 2021, InterPrivate III Financial Partners Inc., a special purpose acquisition company formed by Oaktree Capital Management, agreed to merge with Aspiration Financial, LLC for USD 458.7 million to take it public on the New York Stock Exchange under the new ticker symbol “ASP.” 

Aspiration Financial's platform provides financial and investment products that allow consumers to make money as the firm manages their investments. The company enables consumers and businesses to take proactive efforts toward lowering their carbon impact. The company's platform provides carbon removal options, such as debit and credit cards, that easily integrate climate action into everyday expenditure. This makes reducing environmental impact a convenient part of consumers' routines.

## Funding rounds

- Series C, Jan 28, 2021, $50M — AGO Partners, Deep Field Asset Management, Jovono, FootPrint Coalition
- Series C, May 21, 2020, $135M — UBS Wealth Management, Radicle Impact Partners, DNS Capital, AGO Partners, Alpha Edison, Pohlad Companies, Social Impact Capital, Sutter Rock Capital
- Series B, Jun 30, 2017, $47M — Capricorn Investment Group, Allen & Company, REYL Intesa Sanpaolo, Omidyar Network, AGO Partners, Alpha Edison, Social Impact Capital
- Series A, Aug 5, 2015, $15M — Capricorn Investment Group, Renren Inc., Sutter Rock Capital
- Seed, Oct 1, 2013, $2.5M — AGO Partners, Pomeroy Capital

## Investors

- AGO Partners (https://capitalatlas.ai/funds/ago-partners) — Seed, Series B, Series C
- Pomeroy Capital — Seed
- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series A, Series B
- Renren Inc. — Series A
- Sutter Rock Capital (https://capitalatlas.ai/funds/sutter-rock-capital) — Series A, Series C
- Allen & Company — Series B
- REYL Intesa Sanpaolo — Series B
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B
- Alpha Edison (https://capitalatlas.ai/funds/alpha-edison) — Series B, Series C
- Social Impact Capital (https://capitalatlas.ai/funds/social-impact-capital) — Series B, Series C
- UBS Wealth Management — Series C
- Radicle Impact Partners (https://capitalatlas.ai/funds/radicle-impact-partners) — Series C
- DNS Capital (https://capitalatlas.ai/funds/dns-capital) — Series C
- Pohlad Companies (https://capitalatlas.ai/funds/pohlad-companies) — Series C
- Deep Field Asset Management — Series C
- Jovono (https://capitalatlas.ai/funds/jovono) — Series C
- FootPrint Coalition (https://capitalatlas.ai/funds/footprint-coalition) — Series C