True Link Financial, a San Francisco, CA-based financial services provider for seniors, raised $8m in Series A funding.
The round was led by QED Investors, with participation from Radicle Impact and Initialized Capital. In conjunction with the investment, QED’s Founding Partner Frank Rotman will join True Link’s Board of Directors.
The company, which With this latest round True Link has raised $15.8 million since the company’s founding in 2012.
Founded in 2012 by CEO Kai Stinchcombe and COO Claire McDonnell, True Link Financial is a diversified financial services firm offering a range of money management, investment, and insurance products, primarily for retirees. Services include a financial advisory division, a tech-enabled “robo” advisor targeting retirees, debit cards nationally recognized for their budgeting and anti-fraud features, and recordkeeping software for trusts which helps tens of thousands of people maintain eligibility for lifesaving medical benefits.