FinovateFall 2023 / Uprise
Presenter Profile:
How they describe themselves: Uprise is an AI-powered platform that empowers financial companies to embed fully personalized, actionable financial advisory into their offerings. We work with companies ranging from fintechs, banks, credit unions, insurance providers, and 401(k) and benefits providers – helping them build deep relationships with customers at unprecedented scale. Combining human experts with technology, we’ve made holistic financial advice 30x more affordable, and we’re on track to triple that in months.
How they describe their product/innovation: Companies embedding Uprise can supplement their existing offerings with full-service financial advising, with benefits to both individuals and partners.
For individuals:
- Comprehensive financial plans and advice, integrated with a product they already use.
- At *least* 10x more affordable than a traditional financial advisor (in some cases 30x).
For partners:
- More revenue (in some cases 4x more per customer).
- Cross-selling opportunities: users adopt 1-2 new financial products per plan.
- Happier customers with deep advisor relationships.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Contacts:
Bus. Dev. & Press: Chris Goodmacher (Co-Founder), chris@uprise.us
Website: uprise.us
LinkedIn: linkedin.com/company/join-uprise
Twitter: @uprisemoney
HQ: San Francisco, CA, USA
Founded: June 2021
Product Demoed: Uprise
Metrics: We’ve raised from several VC funds, co-founders, and executives from Cash App, SoFi, Gusto, Stripe, and Robinhood, and have 9 live paid partnerships. Our average individual user can conservatively see a $1.5M increase in lifetime net worth based on our recommendations, and we were the #1 Personal Finance app of 2022 on Product Hunt.
Raising Funding: Seed
Presenters: Chris Goodmacher, Co-Founder | Nantha Muthusamy, Co-Founder & Head of Engineering
- Key Executives
Jessica Chen Riolfi (CEO & Co-Founder), Nanthakumar Muthusamy (CTO & Co-Founder), Chris Goodmacher (Co-Founder)
Key Stats
- Key Investors
Dan Macklin (Co-Founder, SoFi), Eddie Kim (Co-Founder, Gusto), Michael Giles (CEO & Founder, Cash App Investing & Embed), Sean Harper (CEO & Co-Founder, Kin), Nick Hungerford (CEO & Founder, Nutmeg), Alex Cyriac (CEO & Co-Founder, Lively HSA), Will Young (CEO & Co-Founder, Sana), Anne Raimondi (COO, Asana), Jane Alexander (CMO, Carta)
- Key Partners
AngelList, Ocho, Suma Wealth, Clair
- Key Customers
We serve a wide range of individuals – everyone from employees at big companies like Google, Walmart, McKinsey, and Starbucks, to small companies and solopreneurs.