UNest, a North Hollywood, CA-based mobile app for parents to invest in their children’s future, raised $9m in financing.
The round was led by Anthos Capital with participation from two-time NBA All-star Baron Davis, and returning investors Northwestern Mutual Future Ventures, Artemis Fund, Draper Dragon, and Unlock Ventures.
The company intends to use the funds to accelerate its growth with strategic hires and partnerships, add new features including a gifting feature, and expand its product offering to help families save for various major life events.
Led by Ksenia Yudina, CEO and Founder, UNest provides a mobile fintech app for parents to save and grow the money needed to fund their children’s education. UNest is a fully accredited and registered financial advisor with SEC and FINRA. Since its public launch in February 2020, more than 20,000 users have set up UNest accounts.