Even Financial Raises $25M Funding Round Led by Citi, MassMutual

by Gordon Gottsegen
September 5, 2019
Even
Shutterstock

Fintech startup Even Financial announced a $25 million funding round on Wednesday. Citi Ventures and MassMutual co-led the round, with participation from LendingClub.

Even Financial is in the business of providing APIs to financial institutions that help them find and connect with consumers. Some of the businesses that Even has worked with include American Express, Goldman Sachs and SoFi.

“At Even, we believe the future of financial services acquisition is native, programmatic, and highly personalized,” Even founder and CEO Phill Rosen said in a statement. “This strategic funding will allow us to execute our vision more rapidly as we grow our network of partners, bolster our product offering, and scale our operations to continue to build the definitive search, comparison, and recommendation engine for financial services.”

Even plans on using the new funding to expand its platform, adding new services for mortgages, insurance and student loan providers.

The new round brings Even’s total funding to $50 million.

The funding comes after a big year of growth for the company. Even tripled its employee headcount and grew its network of partners by 250 percent. The company hopes to use the new investment to keep up this momentum.

NYC startup guides

LOCAL GUIDE
Best Companies to Work for in NYC
LOCAL GUIDE
Best Software Engineer Jobs in NYC
LOCAL GUIDE
Coolest Tech Offices in NYC
LOCAL GUIDE
Best Sales Jobs in NYC
LOCAL GUIDE
Best Benefits at NYC Tech Companies
LOCAL GUIDE
Best Data Analyst & Data Science Jobs in NYC
LOCAL GUIDE
Best Design Jobs in NYC
LOCAL GUIDE
Best Marketing Jobs in NYC
Developer Jobs
View 878 jobs
Design + UX Jobs
View 214 jobs
Marketing Jobs
View 326 jobs
Product Jobs
View 231 jobs
Sales Jobs
View 544 jobs
Data Jobs
View 331 jobs