Investing in Financial Health When It’s Needed Most: The Next Chapter for Brightside
Celebrating Brightside’s latest $35.1M Series A and welcoming newest investor Andreessen Horowitz
When Trinity first invested in Brightside, it was a mere twinkle in the eyes of co-founders Tom Spann and Callum King. I had the pleasure of being involved in the earliest days of the startup’s formation which brought back many memories from my own experience as a two-time fintech founder. With the vision of bringing financial wellness to the 72% of Americans who suffer from the strains of poor financial health, it was an incredible experience to help get the Brightside team’s inspiring mission off of the ground.
Fast forward two years and Brightside’s mission is more important than ever in these trying times. Though brought on by a pandemic that none of us could have imagined or predicted, these unprecedented circumstances have underscored the critical role that employers must play in strengthening the financial well-being of their workforce, long before disaster strikes.
It has been a joy to watch Brightside become the rapidly growing startup it is today, equipped with a fresh round of $35.1M Series A funding led by Andreessen Horowitz. We’re thrilled to have a16z join us in this round and are proud to continue our support of Brightside’s important mission of making financial health available to everyone at a time when it’s needed the most.
Read on for my past thoughts on the market opportunity for employer-delivered financial services (via TechCrunch) and our initial investment rationale for Brightside:
Are employers the latest financial services disruptors?
Deeply personal and often deeply fraught, financial decisions reflect our values, hopes, dreams and fears. Money is a…
Welcome Brightside to the Trinity Family
A significant number of US consumers are having trouble making it from one paycheck to the next, creating overwhelming…