Financial Health Network - aVenture Asset Manager Research
Location
Chicago, IL, US
Founded
2004
Financial Health Network focuses on improving financial services for underbanked consumers. The organization invests in early-stage startups, primarily at the seed and pre-seed stages, with investments ranging from $100,000 to $2,500,000. Their geographic focus appears to be the United States, with a particular emphasis on inclusive financial solutions.
Notable portfolio companies include Albert, a financial advice app, and Propel, which helps low-income Americans manage their food stamp benefits. Financial Health Network, formerly known as the Center for Financial Services Innovation, offers unique value through its expertise in serving unbanked and underbanked consumers. The organization's nonprofit status and consultancy background provide additional resources and insights to its portfolio companies.
Financial Health Network - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies9
Current Portfolio Count8
Total Portfolio Exits1
Top Investment Stages
Pre-Seed3 (37.5%)
Seed3 (37.5%)
Series A1 (12.5%)
Series B1 (12.5%)
Stage Mix
Pre-Seed 38%Seed 38%Series A 13%Series B 13%
Concentration shown as share of disclosed investments by stage.