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
Total Investments9
Current Portfolio Count8
Total Portfolio Exits1
Top Investment Stages
Pre-Seed3 (33.3%)
Seed3 (33.3%)
Convertible Note1 (11.1%)
Series A1 (11.1%)
Series Unknown1 (11.1%)
Stage Mix
Pre-Seed 33%Seed 33%Convertible Note 11%Series A 11%Series Unknown 11%
Concentration shown as share of disclosed investments by stage.
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Financial Health Network - Classification
- Also Known As
- Center for Financial Services Innovation/The
- NAICS
- 520000Finance and Insurance
- SIC
- 6000Depository Institutions
Show 8 more industry codes
- NAICS
- 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
- 813900Business, Professional, Labor, Political, and Similar Organizations
- 813910Business Associations
- 813920Professional Organizations
- 810000Other Services (except Public Administration)
- SIC
- 8600Membership Organizations
- 8620Professional Membership Organizations
- 8690Membership Organizations, Not Elsewhere Classified