FinTech innovator Hello Alice closes Series C, boosting small business growth

FinTech innovator Hello Alice closes Series C, boosting small business growth

Hello Alice, a leading FinTech platform known for connecting 1.5 million small businesses to essential resources such as capital, connections, and opportunities, has successfully closed a Series C funding round.

The round was led by QED Investors, with significant contributions from Mastercard and a diverse group of investors including Backstage Capital, celebrity chef Guy Fieri, Golden Seeds, Harbert Growth Partners Fund, How Women Invest I, LP, Lovell Limited Partnership, and the dynamic duo Tyler “Ninja” and Jessica Blevins, as well as Tamera Mowry and Adam Housley.

This latest financial injection has propelled the company’s valuation to an impressive $130m.

The essence of Hello Alice lies in its commitment to democratizing access to financial resources for small business owners across the United States. Under the leadership of Elizabeth Gore, Carolyn Rodz, and Kelsey Ruger, the company provides an array of services tailored for entrepreneurs. These include access to credit, loans, grants, and comprehensive business planning services. Moreover, Hello Alice’s enterprise SaaS offerings furnish banks and business services with engagement and data analytics tools to facilitate transactions for their SMB customers.

With this new influx of capital, Hello Alice is set to further enhance its capital offerings and AI-driven financial health tools for small businesses. Specifically, the funds will be allocated towards expanding the Hello Alice Small Business Funding Center. This initiative aims to connect business owners with the capital they require for growth and support the company’s Equitable Access to Capital program. This program is dedicated to ensuring all small businesses have the necessary funds to build sustainable enterprises that contribute to the national economy.

Elizabeth Gore and Carolyn Rodz, co-founders of Hello Alice, expressed their excitement about reaching the 1.5 million small business milestone and their commitment to supporting entrepreneurs with the capital necessary for growth.

QED Investors co-founder Frank Rotman said, “Our team focuses on finding and investing in companies that are obsessed with reducing friction and providing superior financial services solutions to their customers.

“Hello Alice has proven time and time again that they are on the leading edge of providing equitable access to capital and banking services to the small business ecosystem. We’re thrilled that they’re now serving 1.5MM small businesses and show no signs of slowing down.”

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