$5 million was raised by Plenty, a San Francisco, California-based company that offers a wealth-building platform that assists couples in investing and making long-term plans.
Investors
- Garage Capital
- Otherwise Fund
- Interplay
- Inovia Capital
- Charge Ventures
- Phenomenal Ventures
- Xtripe Angels
- strategic angels Adam Nash
- Mark Goines
Use of funds
The money will be used by the business to grow both its operations and growth initiatives.
About Plenty
Plenty is a platform that assists contemporary couples in investing and making plans for their future together. It is led by Emily Luk, CPA, CFA, and CEO, and Channing Allen. It provides a method for couples to combine their finances and accumulate wealth, with cooperation and consolidation at its core. This method includes:
- Clear cash flow: To help people understand where they stand, tracking systems display month-over-month patterns for investing, saving, earning, and spending.
- Adaptable sharing Couples may manage income and expenses together or separately and invest and save toward common objectives with Plenty’s clear perspective of “what’s ours” and “what’s mine.” It is flexible to designate connected accounts as shared or private.
- Planning with objectives in mind: Invest in programs and individualized portfolios to help you accomplish important life milestones. As long as it makes sense for the couple to fund them, goals can be either shared or private.
- Invest like the affluent: A Robo-advisor of the future generation including values-based customisation, enhanced tax-loss harvesting, and direct indexing.
