# Sagewell Financial

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

- Industry: Financial Services
- Headquarters: Cambridge, US
- Website: www.sagewellfinancial.com
- Total disclosed funding: $5.3M
- Latest round: Seed (Jan 26, 2022)
- Investors on record: 8

## About

Based in Massachusetts, US, and founded in 2021, Sagewell Financial, Inc. operates as a financial service provider that offers financial security solutions to older adults. The company was founded by its CEO, Sam Zimmerman, and COO, Jeff Wright. In January 2022, Sagewell Financial, Inc. raised USD 5.27 million in seed funding led by Primetime Partners, Clocktower Technology Ventures, and Crossbeam Venture Partners. The series on seed funding values Sagewell Financial, Inc. at USD 17 million post-money.

Sagewell Financial offers an online banking platform that caters to the needs of senior citizens and provides services to help them prepare for and manage their money in retirement. The services offered by the company include a high-yield checking account that earns 5.17% APY; a Sagewell debit card with no foreign transaction fees, and customers can earn up to 10% cash back on every purchase; online and mobile banking solutions; investment solutions; retirement advice and support; and many more. In addition, the company offers a mobile application for both Android and iOS users.

## Funding rounds

- Seed, Jan 26, 2022, $5.3M — TTV Capital, PJC, SixThirty, Clocktower Technology Ventures, Gaingels, 25Madison Ventures, Primetime Partners, Crossbeam Venture Partners

## Investors

- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Seed
- PJC (https://capitalatlas.ai/funds/pjc) — Seed
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Seed
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Seed
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Seed
- 25Madison Ventures (https://capitalatlas.ai/funds/25madison-ventures) — Seed
- Primetime Partners (https://capitalatlas.ai/funds/primetime-partners) — Seed
- Crossbeam Venture Partners (https://capitalatlas.ai/funds/crossbeam-venture-partners) — Seed