Plenty Raises $5M in Funding

Plenty Raises $5M in Funding

enoughheadquartered in San Francisco, California, has secured $5 million in funding for its wealth-building platform designed to help couples invest and plan for their futures. has been done

The funding round was led by Inovia Capital, with participation from Garage Capital, Otherwise Fund, and Interplay. Seed participants included Kevin Durant and Rich Kleiman's 35 Ventures, Charge Ventures, Phenomenal Ventures, Xtripe Angels, and Strategic Angels Adam Nash and Mark Goines.

The company plans to use the funds to expand its operations and further develop its platform.

Led by CEO Emily Luck, CPA, CFA, and Channing Allen, Plenty offers a collaborative solution for modern couples to integrate their finances and build wealth together. Features of their platform:

  1. Clean cash flow tracking tools that provide insight into month-to-month spending, earning, saving and investment trends.
  2. Flexible sharing options allow couples to designate accounts as joint or private, enabling them to invest and save toward shared goals while earning and spending together or individually.
  3. Goal-based planning, which enables couples to invest for life milestones with personalized portfolios and plans tailored to their needs. Goals can be shared or private, and funds can be customized based on the couple's preferences.
  4. Next-generation robo-advisor capabilities, including direct indexing, advanced tax-loss harvesting, and values-based customization, allow couples to invest like the wealthy.

Plenty's platform aims to empower couples with the tools and resources they need to achieve financial security and plan for a prosperous future together.

About the Author

Leave a Reply