Origin wants to offer financial management as an employee perk on the back of $12m Series A

San Francisco-based Origin reportedly just raised $12m in a Series A round Led by Felicis Ventures.

The round also saw participation from General Catalyst, Founders Fund and angel investor Lachy Groom, who was one of Stripe’s early employees, according to TechCrunch.

Origin is set up to enable employers to offer their staff bespoke financial management tools to ensure them piece of mind regarding their financial health.

The company has 32 employees at the moment and boast of having 15 customers with between 250 and 5,000 staff members.

General Catalyst has previously backed Lemonade, the InsurTech that announced its upcoming initial public offering this week. Its portfolio also includes companies like SECURITI.ai, Atom Finance and Remote.

Founders Fund co-led cyber risk analytics and insurance provider Arceo.ai’s $37m investment round together with Lightspeed Venture Partners in September last year.

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