About Better Financial Corporation
Better Financial Corporation is a company based in Brooklyn (United States) founded in 2020.. Better Financial Corporation has raised $125 thousand across 1 funding round from investors including Y Combinator. Better Financial Corporation offers products and services including Incubation Services, Investment Services, and Startup Support. Better Financial Corporation operates in a competitive market with competitors including FloatMe, Fig Loans, Mr Lender, Lift Credit and Plain Green Loans, among others.
- Headquarter Brooklyn, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 1 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Better Financial Corporation
Better Financial Corporation offers a comprehensive portfolio of products and services, including Incubation Services, Investment Services, and Startup Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides support for developing generative AI startups
Offers funding and resources for AI company growth
Assists with strategy and development for AI ventures
Funding Insights of Better Financial Corporation
Better Financial Corporation has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $125,000
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First Round
First Round
(01 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Better Financial Corporation | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Better Financial Corporation
Better Financial Corporation has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Better Financial Corporation
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Better Financial Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Better Financial Corporation Comparisons
Competitors of Better Financial Corporation
Better Financial Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FloatMe, Fig Loans, Mr Lender, Lift Credit and Plain Green Loans, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online platform for cash advance loans
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| domain | founded_year | HQ Location |
Short-term loans of $300 to $750 are extended to individuals.
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| domain | founded_year | HQ Location |
Operates as a payday lender providing short-term loans.
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| domain | founded_year | HQ Location |
Platform for installment loans
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| domain | founded_year | HQ Location |
Operates as an online platform offering payday loans to individuals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Better Financial Corporation
Frequently Asked Questions about Better Financial Corporation
When was Better Financial Corporation founded?
Better Financial Corporation was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Better Financial Corporation located?
Better Financial Corporation is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Better Financial Corporation?
Kaushik Tiwari is the current CEO of Better Financial Corporation.
Is Better Financial Corporation a funded company?
Better Financial Corporation is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 01, 2022.
What does Better Financial Corporation do?
Better Financial Corporation was established in 2020 in Brooklyn, United States. Operations are centered on an online platform within the financial services sector. Instant cash advances are provided to users, alongside tools for credit building. The company serves individuals seeking quick financial access and long-term credit improvement, with activities managed remotely from its U.S. base. Leadership is held by CEO Kaushik Tiwari.
Who are the top competitors of Better Financial Corporation?
Better Financial Corporation's top competitors include FloatMe, Fig Loans and Lift Credit.
What products or services does Better Financial Corporation offer?
Better Financial Corporation offers Incubation Services, Investment Services, and Startup Support.
Who are Better Financial Corporation's investors?
Better Financial Corporation has 1 investor. Key investors include Y Combinator.