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Relief
Free debt relief app
- 1-20 employees
- Fintech
- B2C
- Personal finance
- Lending
- Social Impact
- Brickell, Miami, FL
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Company mission
Relief's mission is to serve the everyday person left behind by traditional financial systems.
Our take
Debt affects millions of Americans every year, blocking access to credit cards, loans and financial freedom. Relief solves this problem by helping users to reduce their debt.
The app leverages machine learning and collective bargaining to negotiate with creditors on users' behalves. This can, in some cases, reduce debt by as much as 50%. Users are then given a tailor-made payment plan. Relief's major advantage is that it does all this for free, and this is part of the reason that the app has enjoyed considerable success since its founding.
Relief's ability to negotiate on behalf of its users sets it far apart from more traditional debt consolidation and loan providers. However, as the company's CEO Jason Saltzman has noted, the key to their continued success will be to build trust with consumers.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 401 (k) + Match
- Medical, Vision & Dental Insurance
- Stock Options
- Completely Remote
- Unlimited Paid Time Off
- Unlimited Sick Time
- More to come soon!
Funding (2 rounds)
Feb 2022
$15m
SERIES A
Oct 2020
$2m
SEED
Total funding: $17m
Leadership
Jason Saltzman
(CEO)Previously co-founded SeamlessDocs, and served as CEO of Alley.
Bryan Okeke
(CTO)Worked as Curriculum Manager Udacity, and as Senior Development Advocate at Bose.
Ram Berrouet
(CCO)Co-founded Nimbus Digital, and worked as Head of Product at Reverb.