Origin Raises $56M in Series B Funding; Valued at $400M


Origin, a San Francisco, CA-based comprehensive employee financial wellness platform, raised $56m in Series B funding.

The round, which brought the valuation of the company to $400m, was led by Dick Costolo and Adam Bain’s 01A, General Catalyst and Lachy Groom, with participation from existing investors Founders Fund, Felicis Ventures and Abstract Ventures.

The company intends to use the funds to accelerate customer expansion and new product innovation.

Led by Matt Watson, CEO and co-founder, Origin provides employees with a money management platform, personalized advice with real-life financial planners and customized financial literacy workshops to reach their financial goals.

Employees at companies like DocuSign, Zynga, Nextdoor and Blend use Origin to understand and utilize their compensation and benefits package, simulate equity growth scenarios, complete their taxes, plan for retirement, pay off debt and much more.