Saturday, April 20, 2024
HomeFunding IL-based Tandem Secures $3.7Million in Seed Funding

[Funding alert] IL-based Tandem Secures $3.7Million in Seed Funding

Tandem, an Illinois startup, raises $3.7 million in seed funding. Corazon Capital headed the round, in which multiple other people also took part. The company plans to utilise the money to develop the Android app, add more features to the platform, and broaden its business reach.

Tandem, an Illinois startup, raises $3.7 million in seed funding. Corazon Capital headed the round, in which multiple other people also took part. The company plans to utilise the money to develop the Android app, add more features to the platform, and broaden its business reach.

Tandem, led by Daniel Couvreur and Michelle Winterfield, offers an app that makes it easier for couples to budget, save, and spend money without having a joint account.

Read also – WA-based Oleria Secures $33.1M in Series A Round Funding

Specifically, its “Goals” function enables users to cooperatively budget and save for joint expenditures. Couples may use the app to chart out all of their goals in one location and bookmark goods for later purchases.

Through high-yield savings accounts, they can track progress, make contributions towards specified goals, and earn interest together. Once a couple has accomplished their objectives, they can buy the goods they desire straight from the app.

Read also – Conn.-based Kusari Secures $8m in Pre-Seed & Seed Funding

About Tandem

Tandem is redefining the way the modern household accumulates wealth, from sharing groceries to setting aside money for a future project.

Read also – Boston-based Digital Onboarding Secures $58M in Funding

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular