earnin.comFinTech / LendingFounded: 2012Funding to Date: $615.56MM
Earnin is the developer of a financial services platform that allows users to access their earnings while they earn so there is no need to wait for payday. The Earnin app allows users to set alerts if their bank account falls below their set balance, and send automatic Cash Outs when needed. The company was founded by Ram Palaniappan in 2012 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/04/2020 | Series 5 | $27MM | $xx.xx | $533.61MM | G Squared | |
Price per Share
$xx.xx
Shares Outstanding
2,662,007
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
G Squared
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12/20/2018 | Series 4 | $125.24MM | $xx.xx | $825.54MM | Andreessen Horowitz, Coatue Management, Dst Global, March Capital Partners, Matrix Partners, Ribbit Capital, Spark Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,527,844
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Coatue Management, Dst Global, March Capital Partners, Matrix Partners, Ribbit Capital, Spark Capital
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09/21/2017 | Series 3 | $32.95MM | $xx.xx | $139.77MM | Andreessen Horowitz, March Capital Partners, Matrix Partners, Ribbit Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,745,388
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, March Capital Partners, Matrix Partners, Ribbit Capital
|
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01/09/2017 | Series 2 | $17.34MM | $xx.xx | $46.83MM | Felicis Ventures, March Capital Partners, Matrix Partners, Ribbit Capital | |
Price per Share
$xx.xx
Shares Outstanding
9,099,723
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Felicis Ventures, March Capital Partners, Matrix Partners, Ribbit Capital
|
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07/23/2014 | Series 1 | $2.65MM | $xx.xx | $8.83MM | Camp One Ventures, Craig Sherman, Felicis Ventures, Graph Ventures, Manuel Bronstein, Ribbit Capital, Thrive Capital, Trinity Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,413,518
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Camp One Ventures, Craig Sherman, Felicis Ventures, Graph Ventures, Manuel Bronstein, Ribbit Capital, Thrive Capital, Trinity Ventures
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