True Link Financial

Financial ServicesSeries BSan Francisco, UStruelinkfinancial.com

Latest round

Series B

Last raised

May 2020

Total raised

$21M

Investors

9

About True Link Financial

Founded in 2012 in San Francisco, US, True Link Financial provides essential financial tools for vulnerable populations. The founding team includes Louis Fisher, Ravi Duggal, Ryan Jaffe, and Tanja Bloch.True Link Financial primarily offers the True Link Visa® Prepaid Card, designed to assist families and professionals in managing the finances of individuals with complex needs, such as the elderly, people with disabilities, and those in recovery. This product allows caregivers to fund the card from an existing bank account, monitor transactions, and set customizable spending rules to prevent fraud and help protect spending. True Link also provides real-time alerts and transaction reports to keep caregivers informed about spending activity, empowering individuals with greater financial independence while maintaining oversight.True Link Financial generates revenue through its prepaid card services, facilitating financial management for clients requiring oversight of their spending. The transactional structure involves caregivers (Card Administrators) distributing funds directly to the True Link Visa® Prepaid Cards for their clients (Cardholders), allowing seamless financial transitions without the need for checks. The service integrates built-in reporting features and real-time alerts, which can be essential for auditing purposes. True Link’s offerings are structured to ensure that caregivers can manage funds efficiently, contributing to a broader financial management ecosystem that serves both individuals and organizations.In May 2020, True Link Financial, Inc. This strategic expansion aims to enhance their offerings and reach a broader client base.

Who invested in True Link Financial

9 investors across 3 rounds

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Funding rounds

  1. Series B

    May 18, 2020

    Amount

    $12M

    Investors

    Locked

  2. Series A

    Sep 27, 2017

    Amount

    $9.1M

    Investors

    Locked

  3. Seed

    Mar 1, 2013

    Amount

    Undisclosed

    Investors

    Locked

Questions about True Link Financial

Who invested in True Link Financial?

True Link Financial has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has True Link Financial raised?

True Link Financial has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did True Link Financial last raise money?

True Link Financial's most recent round on record is a Series B, in May 2020.

What does True Link Financial do?

Founded in 2012 in San Francisco, US, True Link Financial provides essential financial tools for vulnerable populations.

Where is True Link Financial headquartered?

True Link Financial is headquartered in San Francisco, US.

Which VCs invest in companies like True Link Financial?

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

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