What is Kashable?
Kashable operates out of New York City, focusing on delivering socially responsible credit and financial wellness solutions through employer sponsorships. The startup aims to serve as a vital alternative for employees who might otherwise turn to high-interest loans, predatory lenders, or tap into retirement plans during financial exigencies. By providing accessible and responsible financial tools, Kashable empowers employees and supports their overall financial well-being.
How much funding has Kashable raised?
Kashable has raised a total of $185.9M across 4 funding rounds:
Other Financing Round
$100M
Debt
$350K
Series B
$25.6M
Series C
$60M
Other Financing Round (2018): $100M with participation from MidCap Financial
Debt (2020): $350K led by PPP
Series B (2024): $25.6M supported by Revolution Ventures, Krillion Ventures, EJF Capital, and Moneta Ventures
Series C (2026): $60M featuring EJF Capital, Revolution, and Goldman Sachs Asset Management
Key Investors in Kashable
Revolution Ventures
Revolution Ventures Inc. is a professional contractor based in Regina, specializing in renovations and basement development. The company aims to assist clients with their renovation projects, providing expert guidance and services.
Krillion Ventures
Krillion Ventures is a Miami-based venture capital fund that invests in early stage technology companies focused on healthcare, financial services, and real estate. The firm seeks to partner with innovative and driven entrepreneurs who challenge the status quo and inspire others.
EJF Capital
EJF Capital LLC founded in 2005, is an employee-owned alternative asset management firm headquartered in the greater Washington, D.C. metropolitan area.
What's next for Kashable?
With the recent major strategic investment and substantial enterprise-level funding, Kashable is poised for accelerated growth and expansion. The company is likely to leverage this capital to enhance its platform, broaden its employer partnerships, and further develop its suite of financial wellness products. This strategic backing suggests a strong market validation and positions Kashable to solidify its role as a key player in the employee benefits and financial technology sector, potentially exploring new markets and innovative service offerings.
See full Kashable company page