Dave

IPO

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Public · Los Angeles, United States · Founded 2017 · $276.3M raised

Employees
201–500
Founded
2017
Business Model
B2C
Website
dave.com
Total Funding
$276.3M
Last Round
$110.0M Series DJun 2021
Rounds
5
Type
Public

About

Dave is a consumer fintech app offering fee-free banking, cash advances up to $500 with no credit check, budgeting tools, and side hustle discovery for the financially underserved. The platform uses AI (CashAI) to reduce credit losses and improve underwriting. Dave went public via SPAC and serves over 10 million members with a checking account backed by Coastal Community Bank.

Summary

Dave is a Banking company based in Los Angeles, United States, founded in 2017. It has raised $276.3M in total across 5 rounds, most recently a $110.0M Series D round in Jun 2021. Investors include Tiger Global, J.P. Morgan and Norwest Venture Partners.

Tech & App Stack

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Funding History

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Debt FinancingDebt FinancingMar 2022
$100.0M

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Seed through Debt Financing — per-round amounts, valuations, and who invested in each round.

Investors

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