Walnut

About

Walnut is a lending platform that focuses on covering healthcare bills with no fees.

Brooklyn,New York,United States
1 - 10
https://www.hellowalnut.com/

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: Financial Services,FinTech,Health Care
Founded date: Jan 1, 2020
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Walnut Financial, Inc.
Also Known As: Walnut Financial

Walnut is a point-of-sale lending platform that aims to make healthcare affordable for patients. The company provides financial services to assist people in healthcare financing. It also offers a technology that covers medical bills and people can pay back over a period of time on a customized payment plan that works for them.

Co-founded in 2020 by Roshan Patel and Yash Joshi, the company is headquartered in Brooklyn, New York.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$113.60M

Walnut has raised a total of $113.60M in funding over 2 rounds. Their latest funding was raised on May 5, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 5, 2022	Series A	$10M	12	Gradient Ventures	—	Detail
May 5, 2022	Debt Financing	$100M	1	Clear Haven Capital Management	—	Detail
Apr 7, 2021	Seed	$3.60M	14	—	—	Detail
Dec 3, 2020	Pre-seed	—	1	2048 Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

24

Walnut is funded by 24 investors. Gradient Ventures and Clear Haven Capital Management are the most recent investors.

Investor Name	Lead Investor	Funding Round
Gradient Ventures	Yes	Series A
Clear Haven Capital Management	Yes	Debt Financing
AngelList Talent	—	Series A
2048 Ventures	—	Series A
Afore Capital	—	Series A
Banana Capital	—	Series A
CityRock Venture Partners	—	Series A
Company Ventures	—	Series A
Goodwater Capital	—	Series A
Muse Capital	—	Series A