Bend Financial
Latest round
- Angel
Last raised
- May 2015
Total raised
- Undisclosed
Investors
- 1
About Bend Financial
Bend Financial Inc.Founded in 2017 in Boston, US, Bend Financial Inc. focuses on simplifying health savings account management. The company was co-founded by Gary Rush, Gregg Santabarbara, Kerry Leonard, and Thomas Torre, who also serves as the CEO. Bend Financial has completed two deals, with its most recent deal occurring on February 16, 2022, when Webster Financial Corp.Bend HSA specializes in providing innovative health savings accounts (HSAs) tailored for individuals, employers, and partners. Its core offerings focus on streamlining the HSA management process through automated and paperless enrollment options, quick payroll integration, and enhanced tax-saving opportunities. Bend's platform is designed to empower users to maximize their HSA benefits while minimizing administrative headaches, making it accessible even for those without financial expertise. The platform leverages advancements in artificial intelligence to enhance user experience and support.S.Bend HSA generates revenue primarily through partnerships with employers and financial institutions, focusing on a B2B model that facilitates direct service provision to organizations offering HSAs to their employees. The company's transaction structure includes subscription services for employers who seek to provide HSAs, whereby they can access Bend’s comprehensive platform and tools. Additionally, Bend's innovative features and user-friendly dashboard enhance client engagement, promoting higher adoption rates among employees., Bend Financial plans to leverage new resources to enhance its product offerings and expand into additional markets. The company is exploring new features for its HSA platform, which are expected to launch in the upcoming year.S. healthcare sector by the end of 2023.
Who invested in Bend Financial
1 investor across 1 round
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Funding rounds
Angel
May 6, 2015
Amount
Undisclosed
Investors
Questions about Bend Financial
Who invested in Bend Financial?
Bend Financial has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Bend Financial raised?
Bend Financial has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Bend Financial last raise money?
Bend Financial's most recent round on record is a Angel, in May 2015.
What does Bend Financial do?
Bend Financial is a internet company.
Where is Bend Financial headquartered?
Bend Financial is headquartered in Boston, US.
Which VCs invest in companies like Bend Financial?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Bend Financial's stage. Their profiles are linked below.
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