Dave

company

About

Dave is a banking app on a mission to create financial opportunity that advances America’s collective potential.

  • 251 - 500

Details

Last Funding Type
Series B
Last Funding Money Raised
$50M
Industries
Banking,Financial Services,FinTech
Founded date
Oct 28, 2016
Number Of Employee
251 - 500
Operating Status
Active

Dave is upending the banking industry with its suite of breakthrough financial products. From banking with no hidden fees, free access to $250 of overdraft, credit building and access to additional side work opportunities, Dave products are improving the financial health of its members. The company is also one of the fastest growing financial apps in history with more than 12 million members in under 4 years.

As the finance version of David and Goliath taking on the big banks, Dave helps its 12 million customers budget, find work, build credit, and access income to cover immediate expenses. Dave is designed to stand in for the friend or family member that you turn to for immediate money or financial advice.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$50M
Dave has raised a total of $50M in funding over 2 rounds. Their latest funding was raised on Sep 30, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 30, 2019 Series B $50M 1 Norwest Venture Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Dave is funded by 1 investors. Norwest Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Norwest Venture Partners Yes Series B