Questis, a Charleston, SC-based HR tech startup providing financial wellness to America’s employees, completed a $2.8M angel debt financing round.
The round included Capital A Partners and angel investors within the Charleston area.
The company intends to use the funds for product scaling, sales and channel partner efforts.
Led by Steve Wilbourne, CEO, Questis provides a financial wellness platform that provides guidance to employers and employees using software and credentialed advisers. The solution measures behaviors, sets goals and automates investing blending personalized advice, education, and technology. Backed by a science-based, academic approach to portfolio management and financial planning, Questis focuses on personal coaching to allow employees to handle their money so they can be engaged at the workplace.
The company is now moving into a Series A round of financing from venture capital firms, whose proceeds will be used to continue development of the product and support the marketing and sales plan.