Your Money Line, an Indianapolis, IN-based leader in employee financial wellness benefits, raised $4.5M in Series A funding.
The round was led by Allos Ventures, with participation from First Trust Capital Partners, CareSource, and Elevate Ventures. With this investment, David Kerr, Managing Director at Allos Ventures, and Mark Kroeger, Senior Vice President at First Trust Capital Partners, will join Your Money Line’s board of directors.
The company intends to use the funds to accelerate the development of its financial wellness solution.
Led by Peter Dunn, founder and CEO, Your Money Line offers financial coaching as an employee benefit. It pairs AI-powered software with empathetic live coaches to guide participants to financial stability and confidence. Hundreds of businesses, schools, and hospital systems use Your Money Line to improve employee wellness, engagement, & retention.
FinSMEs
21/08/2024