January
Tech-enabled debt collection
- 101-200 employees
- Fintech
- B2C
- B2B
- Banking
- Payments
- Financial Services
- SaaS
- Chelsea, New York, NY
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Company mission
January's mission is to improve borrowers' lives, help creditors improve collections, and in the long term, end debt. For good.
48% employee growth in 12 months
Our take
January’s platform for borrowers and creditors is out to improve the debt collection experience from both sides by building better trust between them, and making repayments much easier through a user-friendly platform.
Debt collection agencies have long had a poor reputation for being predatorial, uncompassionate, and difficult to deal with. Given that around 70 million people in the USA are at the debt collection stage of the lending/borrowing cycle, the potential for a more humane solution like January’s to scale up is huge.
The last few years have seen January – which was originally launched at Debtsy in 2016 – go through a period of significant growth in both headcount and revenue. Having secured further funding in 2023 from major credit unions and fintechs, the startup is growing its product offerings and expanding its market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Annual learning and development budget and opportunities to develop – combine
- Free lunches
- Hybrid and remote work opportunities
- 401K
- Unlimited PTO
- Flexible work hours
- Generous new parent leave for all employees
- Commuter benefits
- Gym membership reimbursement
- Medical, dental, and vision
Funding (last 2 of 3 rounds)
Dec 2023
$12m
SERIES B
Mar 2022
$10m
EARLY VC
Total funding: $28m
Leadership
Jake Cahan
(CEO)Previously founded SourceRE, a real estate services startup, before becoming an investor at Third Prime Capital.