Thursday, October 17, 2024
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Onward: Raises $9.7M in Series A Funding

Onward Raises $9.7M in Series A Funding

  • Onward, a Los Angeles, CA-based provider of a financial platform for co-parents, raised $9.7M in Series A funding
  • The round was led by TTV Capital with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Gingerbread Capital
  • The company intends to use the funds to grow the team, test new acquisition channels, and expand its portfolio of fintech products
  • The company is a fintech platform designed to help co-parents manage shared finances for their children, keeping a record of all expense history for children, pets, and other shared expenses, which can be exported at any time
  • The app solves an acute pain point for co-parents who primarily send text messages or spreadsheets back and forth to track expenses for their children, pets, and other shared expenses

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