facetwealth.comFinTech / Personal FinanceFounded: 2016Funding to Date: $190.13MM
Facet Wealth, founded in 2016, is a financial technology company that aims to provide a flexible, scalable, and capital-light approach to financial planning and wealth management. Facet Wealth's technology also allows its financial advisors to provide a range of services, including retirement planning, tax planning, estate planning, and investment management, which can be tailored to meet the unique needs of each client. Facet Wealth's mission is to make financial planning and wealth management accessible and affordable for everyone. The company is headquartered in Baltimore, Maryland.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/12/2024 | Series D | $28.22MM | $xx.xx | $268.84MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
26,588,648
Liquidation Pref Order
1
Liquidation Pref As Multiplier
2.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
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01/19/2022 | Series C-2 | $17.01MM | $xx.xx | $501.3MM | Durable Capital Partners LP, Warburg Pincus, TeleSoft Partners, Green Cow Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,093,649
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.1x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Durable Capital Partners LP, Warburg Pincus, TeleSoft Partners, Green Cow Venture Capital
|
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01/19/2022 | Series C-1 | $82.94MM | $xx.xx | $501.3MM | Durable Capital Partners LP, Warburg Pincus, TeleSoft Partners, Green Cow Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
33,548,333
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.1x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Durable Capital Partners LP, Warburg Pincus, TeleSoft Partners, Green Cow Venture Capital
|
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09/29/2020 | Series B | $25MM | $xx.xx | $188.56MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
24,543,225
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
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09/10/2018 | Series A-6 | $49,999 | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
976,940
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
||||||
09/10/2018 | Series A-5 | $164,997 | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,934,550
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
||||||
09/10/2018 | Series A-4 | $1.79MM | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
10,475,850
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
||||||
09/10/2018 | Series A-3 | $664,998 | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,598,870
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
||||||
09/10/2018 | Series A-2 | $999,995 | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,344,820
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|
||||||
09/10/2018 | Series A-1 | $33.3MM | $xx.xx | $113.96MM | Warburg Pincus, Slow Ventures | |
Price per Share
$xx.xx
Shares Outstanding
49,683,710
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Warburg Pincus, Slow Ventures
|