Financial Wellness Leader FinFit Closes $7 Million Series B Round to Fuel Rapid Growth
New Financing Solidifies Company’s Growth Plan and Vision to Provide a Unique Financial Wellness Benefit Platform to Today’s WorkforceVIRGINIA BEACH, Va.–(BUSINESS WIRE)– FinFit, a FinTech company that provides over 125,000 employers with a unique financial wellness benefit platform, today announced that the company has raised $7 million in Series B funding. The round was led by Galaxy Investment Partners LLC, the family office of Michael Novogratz, with participation from existing investors Bison Capital Asset Management, LLC and others. The capital will be used to solidify the company’s growth plan and sustain its vision to provide a unique financial wellness benefit platform to today’s workforce.
Founded in 2008, FinFit has grown to be one of the nation’s largest financial wellness benefit servicing over 125,000 clients. FinFit provides a self-directed online experience that lets employees measure their financial fitness and provides fun, education resources and tools to increase their financial knowledge and drive results. FinFit helps to eliminate stress in the workplace by providing real-time solutions that offer real-world help when it is needed most. FinFit is a powerful way for employers to attract and retain talent by helping employees get focused, get healthy and become more productive.
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