EarnIn Overview
- Founded
-
2012

- Status
-
Private
- Employees
-
320

- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$80K
- Investors
-
25
EarnIn General Information
Description
Developer of a payroll disbursement application designed to give employees real-time access to their earned paycheck with no interest and fees. The company's application tracks the number of hours an employee has worked and gives them access to their pay in advance using an electronic timesheet and direct deposit right from the smartphone, enabling users to have more financial control to pay their bills on time, and avoid late and overdraft fees.
Contact Information
Website
www.earnin.com
Formerly Known As
Activehours
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Information Services (B2C)
Other Financial Services
Primary Office
- 200 Portage Avenue
- Palo Alto, CA 94306
- United States
+1 (888) 000-0000
EarnIn Timeline
EarnIn Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Debt - General | 30-Dec-2022 | $80K | 00000 | Completed | Generating Revenue | |
8. Debt - General | 30-Sep-2021 | 000 | 00000 | Completed | Generating Revenue | |
7. Mezzanine | 08-Oct-2020 | 000.00 | 00000 | Completed | Generating Revenue | |
6. Later Stage VC | 04-Sep-2020 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
5. Debt - PPP | 09-Apr-2020 | 00.000 | 00000 | Completed | Generating Revenue | |
4. Later Stage VC (Series C) | 28-Sep-2018 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
3. Later Stage VC (Series 3) | 21-Sep-2017 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
2. Later Stage VC (Series 2) | 09-Jan-2017 | $22M | $26.1M | 0000 | Completed | Generating Revenue |
1. Seed Round | 23-Jul-2014 | $4.1M | $4.1M | 00.00 | Completed | Generating Revenue |
EarnIn Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series 5 | 0,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
Series 4 | 0,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
Series 3 | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series 2 | 9,099,723 | $0.000100 | $0.15 | $1.91 | $1.91 | 1x | $1.91 | 17.51% |
Series 1 | 4,413,518 | $0.000100 | $0.05 | $0.6 | $0.6 | 1x | $0.6 | 8.49% |
EarnIn Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of a payroll disbursement application designed to give employees real-time access to their earned paycheck wit
Financial Software
Palo Alto, CA
320
As of 2023
00000
000000000
00000
EarnIn Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Instant Financial | Venture Capital-Backed | Atlanta, GA | 00 | 000.00 | 00000000000 | 000.00 |
0000 (000000000 00 | Venture Capital-Backed | London, United Kingdom | 000 | 000.00 | 000000000000 | 000.00 |
000000 | Venture Capital-Backed | Walnut, CA | 000 | 00000 | 00000000000 | 00000 |
00000000 | Venture Capital-Backed | New York, NY | 000 | 00000 | 000000000 | 00000 |
0000 | Formerly VC-backed | Los Angeles, CA | 000 | 00000 | 000000000 | 00000 |
EarnIn Patents
EarnIn Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-9202250-B1 | Systems and methods for distributing payables | Active | 05-Jun-2013 | 0000000000 |
EarnIn Executive Team (21)
EarnIn Signals
EarnIn Investors (25)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
TriplePoint Private Venture Credit BDC | Business Development Company | Minority | 000 0000 | 000000 0 | |
TriplePoint Venture Growth BDC | Venture Capital | Minority | 000 0000 | 000000 0 | |
G Squared | Venture Capital | Minority | 000 0000 | 000000 0 | |
Cleo Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
CLF Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
EarnIn Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000 00000000 | 01-Jan-2019 | 0000000000 | Financial Software |