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Albert
Banking services
- 101-200 employees
- Fintech
- B2C
- Personal finance
- Downtown Los Angeles, Los Angeles, CA
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Company mission
To help every American reach financial stability.
-5% employee growth in 12 months
Our take
There’s certainly no shortage of apps available to help you manage your finances, track your spending and help you to save money. Albert is one such app, but with a different approach that makes it perhaps more useful than some of the alternatives. Albert provides its customers with financial advice from a team of experts that it dubs ‘geniuses’.
So alongside the features for budgeting such as tracking spending and automatic saving, there’s personal advice on hand. It’s this blend of automation and human interaction that sets Albert apart from purely app based competitors which include Simplifi, You Need a Budget and Mint.
The business is utilizing funding capital to further develop its financial wellness tool set and help automate more financial processes for savers and investors.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Free daily meals, coffee, snacks, and beer
- Paid time off
- Wellness
- Comprehensive health plans
- 401(k)
- Competitive pay + equity
Company values
- You, first - Our goal is your success. We want to make each and every interaction you have with money better
- Human guidance - Everyone has the right to financial expertise. There’s no substitute for an open, honest conversation with our Genius money experts
- Simplicity - Anyone can manage their money with Albert. Our products are designed to take complexity out of your financial life
Funding (last 2 of 8 rounds)
Jan 2021
$100m
SERIES C
Dec 2019
$50m
SERIES B
Total funding: $177.2m
This company has top investors
Leadership
Yinon Ravid
(CEO)Started their career as a Research Assistant at the National Bureau of Economic Research, before roles at Analyst Group and Oak Hill Advisors. They co-founded Openfolio in 2013, before starting Albert in November 2015.
Andrzej Baraniak
(Co-founder)Having studied at Harvard Business School, they worked as a Project Leader at BCG for a decade. They left this position in July 2015 to co-found Albert in November.
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