Relief

Miami, United States Founded: 2020 • Age: 6 yrs
Relief is focused on helping users reduce personal debt.
Annual revenue - Latest available
Total funding $15.0M 2 rounds
Employees 12 Tracked headcount
Investors 8 Known backers
Products 1 Services tracked
Competitors 7 Brand Intelligence

About Relief

Relief is a company based in Miami (United States) founded in 2020. It operates as a FinTech. Relief has raised $15 million across 2 funding rounds from investors including NavaMoney, Ken Chenault and Vikram Pandit. The company has 12 employees as of December 31, 2022. Relief offers products and services including Relief App. Relief operates in a competitive market with competitors including FREED, Resuelve tu Deuda, Beyond Finance, Ophelos and Kredit, among others.

  • Headquarter Miami, United States
  • Employees 12 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $15 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    NavaMoney

    & 7 more

  • Employee Count
    12

    as on Dec 31, 2022

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Products & Services of Relief

Relief offers a comprehensive portfolio of products and services, including Relief App.

Product name locked
Category locked
Primary

Debt reduction app helping users become debt-free faster.

People of Relief

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Max Murphy
Product Manager
People
Mara Mamery
Senior Product Manager
People
Jackie Catala
Head of People
People
Bryan Okeke
Chief Technology Officer

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Funding Insights of Relief

Relief has successfully raised a total of $15M across 2 strategic funding rounds. 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.

Investors in Relief

Relief has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include NavaMoney, Ken Chenault and Vikram Pandit.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund investing in early-stage tech startups
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Venture capital fund focused on tech startups
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Tech startups in US sectors are funded by Interplay Ventures.
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Investor details for Relief

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Relief

Investments
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Investment portfolio details for Relief

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Relief

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Detailed financials for Relief

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  • Profit trends
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Relief Comparisons

Relief Primary company
Description
Relief is focused on helping users reduce personal debt.
Location
Miami, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
12
As of 2022
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Peer comparison for Relief

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Funding comparison
  • Operating benchmarks

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Competitors of Relief

Relief 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 FREED, Resuelve tu Deuda, Beyond Finance, Ophelos and Kredit, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Debt resolution and loan settlement programs are offered to individuals.
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App-based platform for consumer debt settlement
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Debt settlement services are provided for unsecured consumer debts.
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An online platform is developed for consumer debt repayment options.
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Credit card debts are settled through specialized software solutions.
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Detailed competitors of Relief

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Relief

Relief Raises $15M in Series A Funding
Finsmes4 years ago
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Complete news archive for Relief

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  • Older coverage
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Frequently Asked Questions about Relief

Relief was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Relief is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Relief is a funded company, having raised a total of $15M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Relief is 12.

Relief is dedicated to assisting individuals in managing and reducing personal debt through a mobile application. The service operates in the financial sector, specifically targeting debt management by assessing users financial situations, customizing payoff plans, and negotiating with creditors to lower balances. Solutions are designed to make debt repayment more affordable and faster, enabling users to achieve a debt-free status with potential savings on owed amounts.

Relief's top competitors include FREED, Resuelve tu Deuda and Beyond Finance.

Relief offers Relief App.

Relief has 8 investors. Key investors include NavaMoney, Ken Chenault, Vikram Pandit, Animal Capital, and Brand Foundry.

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