Northstar Raises $24.4M
Summary
LOS ANGELES, CA, Northstar, a financial wellness benefit for employees, announced it has raised $24.4 million in new funding led by GGV Capital. Existing investors M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE also participated, bringing Northstars total funding to $40 million. With innovative fintech tools and a team of in-house financial advisors, Northstar helps employees make the most of their total compensation and make financial decisions with confidence. Northstar guides employees through different financial and life situations, and shows them the full value of their compensation, equity, and benefits. Northstar provides 1-on-1 financial and benefits advice to employees, which helps companies increase engagement and support their teams at scale during onboarding, open enrollment, equity events, and more.