Pocketnest Raises Additional $2.6M in Funding


Pocketnest, a Detroit, MI-based supplier of a monetary wellness platform, raised further $2.6M in investment.

The spherical used to be led by way of Reseda Workforce.

The corporate intends to make use of the finances to power product building, gross sales and advertising tasks, and toughen a 24-month runway.

Led by way of Jessica Willis, CEO and founder, Pocketnest is a monetary wellness app that coaches customers thru 10 issues of monetary wellness. The platform is helping customers determine and fill gaps of their plans, whilst figuring out cross-sell alternatives for the monetary establishments they license to love banks, credit score unions, funding advisors, 401k plan sponsors; and worker wellness systems. Introduced in 2019, the fintech licenses its platform to monetary establishments to spice up their cross-sell alternatives; it additionally licenses to worker wellness systems to lend a hand employers spice up recruitment, productiveness, and retention. Constructed on behavioral science and psychology, the corporate coaches customers thru 10 issues of monetary wellness. Its gamified, almost-addictive means attracts customers into the app to stay their monetary plan up to the moment—in a couple of mins every week.

The corporate these days serves 35 shoppers, together with MSU Federal Credit score Union (MSUFCU), Carrier Credit score Union, Group Monetary Credit score Union, The Accel Workforce, TDC Funding Advisory, The Henry Ford, Altruist, Autobooks, and extra.

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