About Lili
Lili is a Financial Services company based in New York (United States) founded in 2018 by Lilac Bar David and Liran Zelkha. Digital banking services are offered to freelancers. It operates in the Financial Services and Technology sectors. Lili has raised $80 million across 3 funding rounds from investors including Altair, Foundation Capital and Group 11. Its chief executive, as recorded, is Lilac Bar David. Its website lili.co draws about 173 thousand monthly visits. Lili offers products and services including Business Banking, Accounting Software, Tax Preparation, and Payments. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity is Lili App Inc. Its competitors include Melio, Settle and Esker; 2 of its 3 listed competitors have raised funding.
Company details
Lili was founded in 2018 in New York, United States, as a digital bank focused on freelancers within the fintech sector. Operations include digital accounts, prepaid cards for purchases, bill payments, and money transfers. Additional services encompass expense management, tax allocation buckets, automated savings, tax refund processing, and invoice creation. These features support financial management for independent workers in the U.S.
- Total Equity Funding$80M (USD)
in 3 rounds
- Latest Funding Round$55M (USD), Series B
May 2021
- InvestorsAltair
& 7 more
Products & Services of Lili
Lili offers a comprehensive portfolio of products and services, including Business Banking, Accounting Software, Tax Preparation, and Payments.
Account with debit card and no hidden fees for transactions.
Platform for categorizing transactions and generating reports.
Automates savings and generates tax forms for businesses.
Handles bill pay and invoicing for cash flow management.
Apps and channels of Lili
Lili publishes 2 mobile apps with over 500K+ downloads.
Funding Insights of Lili
Lili has successfully raised a total of $80M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $55 million completed in May 2021. 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 $80M
- Total Rounds 3
- Last Round Series B — $55M
- First Round $10M
(Jun 2020)
- Investors Count 8
All 3 funding rounds of Lili with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
8 investors in total: 8 institutional.
Investors in Lili
Lili has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Altair, Foundation Capital and Group 11.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in fintech companies are made by Group 11. | group11.vc | Beverly Hills, United States | ||
Venture capital firm | targetglobal.vc | London, United Kingdom | ||
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Early-stage tech VC funding is provided in US, Europe, Israel. | altair.vc | San Francisco, United States | ||
Investments in seed-stage companies are managed by Primary Venture Partner. | primary.vc | New York, United States | ||
Tech-enabled companies are supported through venture capital investments. | torchcapital.vc | New York, United States | ||
Investments in early-stage startups are made by Zeev Ventures. | zeevventures.com | Palo Alto, United States | ||
AI-powered data science platform enables model deployment and analytics insights. | 1985 | altair.com | Troy, United States |
Investor details for Lili
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Lili
27 people are tracked at Lili (15 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Lilac Bar David | Co-Founder & CEO | Leadership |
Liran Zelkha | Co-Founder | Leadership |
Shai Admoni | VP Of Finance | Leadership |
Yossi Eldad | Director Of Banking Products | Leadership |
Efrat Yellin | CFO & COO | Leadership |
Karina Kacan | Head Of Data | Leadership |
Moti Gorin | VP, R&D | Leadership |
Amitai Serphos | VP, Growth | Leadership |
Duncan Bird | VP, Marketing | Leadership |
Itay Landsberg | Head Of Marketing | Leadership |
Matan Vered | VP, Product | Leadership |
Yarden L. | Head of Partnerships | Leadership |
Vanessa Eyal | VP, People | Leadership |
John Mearls | Head of Risk & Operations | Leadership |
Avi Goldin | Head Of Finance | Leadership |
Aya Zaksenberg | Product Manager | Team |
Roberto Zumaya | Senior Fraud Risk Operations Analyst | Team |
Tamuz Goldman | Product Marketing Manager | Team |
Revital Raz | Bookkeeper & Payroll Controller | Team |
Danielle Feingold | HR Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Lili
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Lili
3 dated milestones of Lili across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Lili is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Series B, of $55.0M.
Competitors of Lili
Lili has 3 listed competitors in our database, 2 of them funded. They include Melio, Settle and Esker.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| melio.tech | 2018 | Santa Clara, United States | $4.25M | Blood-based pathogen detection devices are manufactured for healthcare applications. | ||
| settle.com | 2019 | San Francisco, United States | $91M | Cloud-based cash flow management is provided for payers and vendors. | ||
| esker.com | 1985 | Middleton, United States | 223 | AI and cloud-enabled source-to-pay automation solutions are provided for businesses. |
Detailed competitors of Lili
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lili
The website of Lili (lili.co) receives about 173.4K visits a month.
- Monthly visits173.4K
▲ 10.6% vs previous month
Websites whose visitors overlap most with Lili. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
salecalc.com | salecalc.com | 100% | #237,904 | – | |
| branchapp.com | 83% | 233.7K | #138,438 | View details | |
top10businessbanks.com | top10businessbanks.com | 82% | #3,875,831 | – | |
| joinarc.com | 79% | 61.9K | #457,962 | View details | |
| brex.com | 78% | 919.8K | #37,270 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lili
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Lili (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Lili
Complete news archive for Lili
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Frequently Asked Questions about Lili
Lili was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Lili is headquartered in New York, United States. It is registered at New York, New York, United States.
Lilac Bar David is the CEO of Lili, as recorded in our data. They have also founded this company.
Lili is a funded company, having raised a total of $80M across 3 funding rounds to date. The company's 1st funding round was a Seed of $10M, raised on Jun 2020.
Lili was founded in 2018 in New York, United States, as a digital bank focused on freelancers within the fintech sector. Operations include digital accounts, prepaid cards for purchases, bill payments, and money transfers. Additional services encompass expense management, tax allocation buckets, automated savings, tax refund processing, and invoice creation. These features support financial management for independent workers in the U.S.
Lili offers Business Banking, Accounting Software, Tax Preparation, and Payments.
Lili has 8 investors. Key investors include Altair, Foundation Capital, Group 11, Target Global, and AltaIR Capital.
Lili operates through Lili App Inc.
Yes. Lili publishes Lili - Small Business Finances and 1 more app, with over 500,000 downloads.
The website of Lili receives about 173 thousand visits a month.