Brightside, a Francisco, CA, Chandler, AZ, and Philadelphia, PA-based financial care platform for employers, raised $35.1m in Series A funding.
The round was led by Andreessen Horowitz with participation from existing investors Comcast Ventures and Trinity Ventures, the a16z Cultural Leadership Fund, and others.
The company intends to use the funds to improve its financial health offering and expand its business reach.
Led by Tom Spann, CEO and co-founder, Brightside provides an employer-based financial care platform that combines a human-approach to financial health. Dedicated Financial Assistants are available to all employee families with advanced rules engines and products linked to paychecks in a way that provides real solutions to employees’ financial stress.