Tally, a San Francisco, CA-based financial automation company, received $50m in Series C funding.
The round, which brought total amount raised to date to $92m, was led by Andreessen Horowitz, with participation from previous investors Kleiner Perkins, Shasta Ventures, Cowboy Ventures and Sway Ventures. In conjunction with the funding, Angela Strange, general partner at a16z, will join Tally’s board of directors.
The company intends to use the funds to grow the business and build out its automated consumer finance platform.
Founded in 2015 by Jason Brown, CEO, Tally is a consumer tech company advancing financial automation to allow people to achieve their financial goals. It built an automated debt manager to allow people overcome credit card debt and recently launched a free automated savings service, Tally Save, which rewards good financial habits and helps people save.