Mine raises $14m to launch AI money agent for young adults

January 26, 2026

Mine, a personal finance company for young adults, has raised $14m in Series A funding to support the launch of its AI-powered money agent and accelerate the development.

The $14m Series A round was led by 359 Capital, with participation from Kleiner Perkins and new investor FJ Labs. Existing backers Y Combinator and U.S. News & World Report also joined the round. This latest raise brings the company’s total capital raised to $28m.

The funding coincides with the company’s rebrand to Mine, a move that reflects its ambition to make money management feel more personal for a new generation of young Americans.

Originally launched as a single credit-building product, the company has since evolved into a full-service platform designed to help young adults take ownership of their financial lives. “Your finances should feel like they’re in your hands — not hanging over your head,” said Scott Smith, co-founder of Mine. “The new name represents our commitment to helping young adults truly own their financial lives and build a foundation for their futures.”

Central to this new chapter is the introduction of MoneyGPT, Mine’s personal finance agent powered by proprietary data models. MoneyGPT is designed to learn from users’ habits, understand their goals and deliver instant, practical advice to support better saving, spending and long-term financial decision-making.

The agent offers hyper-personalised insights tailored to each customer’s financial situation, whether they are managing student loans, building credit for the first time or saving for short-term goals such as travel.

Mine positions MoneyGPT as a differentiated alternative to generic financial tools, noting its ability to adapt to variable income, gig work and the competing pressures of short-term lifestyle choices and long-term financial stability.

Carlo Kobe, co-founder of Mine, “Money shouldn’t be a mystery. Our goal is to give young adults the clarity and confidence to make smarter choices every day. This funding helps us scale a platform that not only educates, but empowers.”

According to the company, early results show that 75% of users report feeling more financially confident, while 70% say they feel more financially independent after using Mine.

David Hartwig, partner at 359 Capital, said, “We’re thrilled to lead Mine’s Series A.

“The team has built something truly differentiated—a platform that meets young adults where they are and gives them the tools to build real wealth. Mine’s rapid growth and the overwhelming demand we’re seeing from this demographic make it clear they’re solving a real need, and the addition of AI-powered personalized guidance measurably improves our ability to raise financial literacy.”