Albert
Personal financial assistant
- 201-500 employees
- Fintech
- B2C
- Personal finance
- Downtown Los Angeles, Los Angeles, CA
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Company mission
To help millions of Americans get smarter about money.
-5% employee growth in 12 months
Our take
There’s no shortage of apps to help people manage their finances, track spending and save money. Albert is one such app, but with an 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 features 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. The company has also delivered an AI-powered assistant, named Genius, to further enhance its artificial/human intelligence blend.
The business has been is utilizing funding to further develop its financial wellness tool set and help automate more financial processes for savers and investors. As it continues to grow in utility, it will be interesting to see just how far this financial management app can go in what remains a crowded (but lucrative) market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Free daily meals, coffee, snacks, and beer
- Paid time off
- Wellness stipend
- Comprehensive health plans
- 401(k)
- Competitive equity
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 & Co-Founder)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.