Onward Raises $9.7M in Series A Funding

Onward, a Los Angeles, CA-based provider of a financial platform for co-parents, raised $9.7M in Series A funding.

The round was led by TTV Capital with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Gingerbread Capital.

The company intends to use the funds to grow the team, test new acquisition channels, and expand its portfolio of fintech products. 

Led by CEO Jacklyn Adele Rome, Onward is a fintech platform designed to help co-parents manage shared finances for their children, keeping a record of all expense history for children, pets, and other shared expenses, which can be exported at any time. The app solves an acute pain point for co-parents who primarily send text messages or spreadsheets back and forth to track expenses for their children, pets, and other shared expenses. With Onward, co-parents can streamline the often tense communication about shared finances to enable themselves and their families to solve the issue.

The company was founded while the CEO was an Entrepreneur in Residence at Co-Created, a venture studio based in New York, with support and funding from Citi Ventures.

FinSMEs

28/10/2022