Clocktower Technology Ventures

Clocktower Technology Ventures invests in the insurance, payments, personal finance, lending, credit, and asset management sectors. The firm’s expertise investing across financial services and its related ecosystem of global institutional allocators, policymakers, and hedge fund managers have created a community that offers a distinct value-add to portfolio companies. Since launching, Clocktower Technology Ventures has invested in 96 fintech companies in North America, Europe, and Latin America. It was founded in 2015 and headquartered in Santa Monica, California.

Natalie Charney

Principal

Ned Daoro

Principal

Steve Drobny

Partner

David Lofthouse

Venture Partner

Adriana Saman

Associate

Ben Savage

Partner

Past deals in Personal Finance

Sagewell Financial

Seed Round in 2022
Sagewell Financial is a company focused on transforming the financial landscape for older adults. It offers a financial platform designed to enhance security for this demographic, enabling users to construct their own retirement paychecks and access free checking services. Additionally, Sagewell Financial provides personalized support through retirement success advocates, who guide clients in making informed financial decisions for retirement. With a team of professionals from technology, insurance, and financial services backgrounds, Sagewell Financial aims to empower older individuals in managing their financial futures effectively.

Arc Technologies

Seed Round in 2022
Arc is the full-service finance platform for SaaS, that provides software startups with customized financial products. In partnership with Stripe, Arc is building a first-of-its-kind fintech solution where software founders can borrow, save, and spend on one comprehensive digital platform.

Z1

Series A in 2021
Z1 is a digital banking app made for teenagers and young adults where teenagers can learn financial independence. Founded in 2020 by João Pedro Thompson (ex-Vereda Educação), Thiago Achatz (ex-Grow Pay), Sophie Secaf (ex-BOX 1824) and Mateus Craveiro (ex-Pagar.me), the company has already conquered important investors: the Maya Capital fund and 99 founders , Ariel Lambrecht and Renato Freitas. Now, the company announces that it has received a contribution from the American accelerator Y Combinator, which has companies such as Airbnb, Twitch, and Rappi in its portfolio.

Copper Banking

Seed Round in 2021
Copper Banking is a financial education platform designed to empower teenagers with financial literacy and banking services. By offering a user-friendly app and debit card, Copper enables teens to manage their money effectively, gaining hands-on experience that traditional banks often overlook. The platform facilitates money transfers, direct deposits, and payments while fostering a connection between parents and teens regarding financial decisions. Additionally, Copper provides exclusive content crafted by financial literacy experts, equipping users with valuable advice and tips to enhance their understanding of personal finance and help them take control of their financial futures. Through these features, Copper seeks to instill responsible financial habits in young users.

M1 Holdings

Series E in 2021
M1 Holdings operates a personal finance platform that combines automation with user control, allowing individuals to manage and grow their wealth effectively. The platform supports hundreds of thousands of investors, managing over $6 billion in assets. It offers a comprehensive suite of financial tools, including low-cost borrowing, high-interest checking accounts, and cash back rewards through debit and credit cards. Users can create customized stock and ETF portfolios, access affordable lines of credit, and utilize digital banking services that integrate seamlessly with their investments. The platform has received significant recognition for its user-friendly experience, earning high ratings on app stores and accolades from financial publications as one of the best options for investors and digital banking services.

Daylight

Seed Round in 2021
Daylight is the first and only digital banking platform in the U.S. specifically designed for and by the LGBT+ community. Daylight’s card, app and digital services prepare members for the future faster by helping them to navigate the finance system, generate smarter habits and connect with a community working together to build the life they deserve without compromise. Daylight was founded in 2020 and is located at West Hollywood, California.

Crediverso

Seed Round in 2021
Crediverso is a financial marketplace where people can find credit cards, credit checks, and international money transfers. The platform of the company provides access to financial information and financial products such as credit information, credit cards, loans, money transfer feature, credit scores, and more, thereby enabling the US Latino audience by bridging the cultural gap.

Z1

Seed Round in 2021
Z1 is a digital banking app made for teenagers and young adults where teenagers can learn financial independence. Founded in 2020 by João Pedro Thompson (ex-Vereda Educação), Thiago Achatz (ex-Grow Pay), Sophie Secaf (ex-BOX 1824) and Mateus Craveiro (ex-Pagar.me), the company has already conquered important investors: the Maya Capital fund and 99 founders , Ariel Lambrecht and Renato Freitas. Now, the company announces that it has received a contribution from the American accelerator Y Combinator, which has companies such as Airbnb, Twitch, and Rappi in its portfolio.

Graviti

Seed Round in 2021
Graviti offers the products needed the most, financed for months. No credit or debit card, no initial payment, no arrears, and with credit approved immediately. It wants to make sure every family in LATAM is able to buy basic appliances for the home by offering fair and accessible financing to acquire them. The company was founded in 2019 and is based in Mexico.

M1 Holdings

Series D in 2021
M1 Holdings operates a personal finance platform that combines automation with user control, allowing individuals to manage and grow their wealth effectively. The platform supports hundreds of thousands of investors, managing over $6 billion in assets. It offers a comprehensive suite of financial tools, including low-cost borrowing, high-interest checking accounts, and cash back rewards through debit and credit cards. Users can create customized stock and ETF portfolios, access affordable lines of credit, and utilize digital banking services that integrate seamlessly with their investments. The platform has received significant recognition for its user-friendly experience, earning high ratings on app stores and accolades from financial publications as one of the best options for investors and digital banking services.

Finch

Seed Round in 2020
Finch makes it possible to access org-wide directory, payroll, and benefits data across 200+ payroll, HRIS, and benefits systems —all through a single integration. As the world moves toward standardized, open, and interconnected data systems, the company provides the connective infrastructure underpinning the employment sector. Finch empowers innovators to access the global employment ecosystem.

M1 Holdings

Series C in 2020
M1 Holdings operates a personal finance platform that combines automation with user control, allowing individuals to manage and grow their wealth effectively. The platform supports hundreds of thousands of investors, managing over $6 billion in assets. It offers a comprehensive suite of financial tools, including low-cost borrowing, high-interest checking accounts, and cash back rewards through debit and credit cards. Users can create customized stock and ETF portfolios, access affordable lines of credit, and utilize digital banking services that integrate seamlessly with their investments. The platform has received significant recognition for its user-friendly experience, earning high ratings on app stores and accolades from financial publications as one of the best options for investors and digital banking services.

M1 Holdings

Series B in 2020
M1 Holdings operates a personal finance platform that combines automation with user control, allowing individuals to manage and grow their wealth effectively. The platform supports hundreds of thousands of investors, managing over $6 billion in assets. It offers a comprehensive suite of financial tools, including low-cost borrowing, high-interest checking accounts, and cash back rewards through debit and credit cards. Users can create customized stock and ETF portfolios, access affordable lines of credit, and utilize digital banking services that integrate seamlessly with their investments. The platform has received significant recognition for its user-friendly experience, earning high ratings on app stores and accolades from financial publications as one of the best options for investors and digital banking services.

Stackin'

Series A in 2019
Stackin' is a financial fitness platform aimed at empowering individuals to enhance their financial lives through engaging text messages. With over one million subscribers, it targets a younger demographic by offering tools and curated products that promote healthy financial habits in a fun and judgment-free environment. The platform leverages a custom messaging system, along with data, machine learning, and human interaction, to send personalized messages that educate users on saving money, reducing debt, and starting to invest. Additionally, Stackin' provides financial tips and content designed to inform and entertain its audience, helping them make informed decisions for their financial future.

Reel

Seed Round in 2019
Reel is a platform for debt-free shopping that makes it simple to pay for what you want in installment savings. From a new pair of shoes to an Apple Watch, we help you save a little every day, while by giving you inspiration and price alerts.

Borrowell

Series B in 2019
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

Pei

Seed Round in 2019
Get automatic cashback in Bitcoin or USD from any of your debit or credit cards. Pei earns you up to 20% cashback, on top of your card rewards, to help you earn extra savings and Bitcoin. Pei is part of the Sputnik ATX W'18 cohort.

Kindur

Series A in 2018
Kindur is a new-kind of financial company that helps baby boomers embrace modern retirement. Through Kindur’s straight forward digital advice, we make sense of your savings, insurance, social security and healthcare costs so that you can focus on enjoying your hard-earned retirement with confidence. We want you to always know where you stand, how much you have to spend and help you prepare for the unexpected. Our signature retirement paycheck puts you in the driver’s seat to retire fearlessly. Learn more at www.kindur.com

Trim

Series A in 2018
Trim is a financial health company that empowers customers across the United States to improve their financial lives. Trim's mission is to make Americans financially healthy at scale. Our customers benefit from automated savings, decreased bills and bank fees negotiated by Trim, canceled subscriptions, and spending analysis and recommendations. We've saved our users more than $60M and we’re continuing to grow and add features to improve financial health. Our team has previous experience at organizations like Cisco, Eventbrite, Goldman Sachs, Google, LearnVest, Patreon, Rackspace, and Stripe. Trim is backed by venture investors including Ashton Kutcher (Sound Ventures), OCA Ventures, Eniac Ventures, Version One Ventures, and Core Innovation Capital. Come work with us to create the future of personal finance.

Chime

Series B in 2017
Chime is a mobile banking and finance platform. Their platform sets aside a pre-determined amount of money in savings after a transaction, and the company earns revenue from transaction fees paid by the merchant, aligning company incentives, enabling users to avoid fees, save money, and lead healthier financial lives.

Tomorrow Ideas

Seed Round in 2017
Tomorrow Ideas develops an application that helps in protecting family’s financial future. Its application includes last will and testament for the family and the laws of the state, a revocable living trust, guardianship for children and pets, net worth and life insurance calculator, term life insurance comparison, and a complimentary insurance policy. Tomorrow Ideas' application can be downloaded from iOS and Android. David Hanley, Erik Berg, Joshua Heckathorn, and Wayne Rambo founded it in 2015, with its headquarters in Seattle in Washington.

Stackin'

Pre Seed Round in 2017
Stackin' is a financial fitness platform aimed at empowering individuals to enhance their financial lives through engaging text messages. With over one million subscribers, it targets a younger demographic by offering tools and curated products that promote healthy financial habits in a fun and judgment-free environment. The platform leverages a custom messaging system, along with data, machine learning, and human interaction, to send personalized messages that educate users on saving money, reducing debt, and starting to invest. Additionally, Stackin' provides financial tips and content designed to inform and entertain its audience, helping them make informed decisions for their financial future.

Windfall

Seed Round in 2016
Founded in 2016, Windfall Data is on a mission to determine the net worth of everyone on the planet. The company serves nonprofit and for-profit organizations by providing actionable consumer financial data that is refreshed on a weekly basis. More than 400 organizations use Windfall Data to identify and engage their most promising constituents. Windfall Data is based in San Francisco and backed by Bullpen Capital, Bonfire Ventures, Industry Ventures, TenOneTen Ventures, ValueStream Ventures, and Auren Hoffman.

MoneyLion

Series A in 2016
MoneyLion, Inc. is a mobile banking and financial membership platform based in Sandy, Utah, established in 2013. The company provides a comprehensive digital financial solution that includes mobile banking, lending, and investment services. Utilizing analytics and machine learning, MoneyLion offers personalized financial advice and underwriting, enabling users to gain a complete understanding of their personal finances. Its all-in-one mobile banking membership features managed investment accounts, checking accounts, and cashback rewards, fostering good financial habits and encouraging better financial outcomes through a system of rewards and incentives. This approach allows MoneyLion to deliver convenient and low-cost access to financial services tailored to the needs of its customers.

Splitwise

Venture Round in 2016
Splitwise is a mobile application and web-based platform that helps its users share expenses with one another, including roommates, travelers, couples, friends, and family. It organizes all its users’ shared expenses and IOUs in one place so that everyone can see who they owe. It sends its users monthly reminders about outstanding debts. The application also provides its users with mediation advice about fairness issues through its fairness calculators. These calculators turn crowdsourced data into a neutral fairness opinion about its users’ personal situations. Splitwise was launched in 2011 and is based in Providence, Rhode Island.

Trim

Seed Round in 2016
Trim is a financial health company that empowers customers across the United States to improve their financial lives. Trim's mission is to make Americans financially healthy at scale. Our customers benefit from automated savings, decreased bills and bank fees negotiated by Trim, canceled subscriptions, and spending analysis and recommendations. We've saved our users more than $60M and we’re continuing to grow and add features to improve financial health. Our team has previous experience at organizations like Cisco, Eventbrite, Goldman Sachs, Google, LearnVest, Patreon, Rackspace, and Stripe. Trim is backed by venture investors including Ashton Kutcher (Sound Ventures), OCA Ventures, Eniac Ventures, Version One Ventures, and Core Innovation Capital. Come work with us to create the future of personal finance.

Papaya

Seed Round in 2016
Papaya is a mobile application designed to simplify the bill payment process for users by allowing them to pay any bill quickly and efficiently through their smartphones. By enabling users to take a picture of their bills and complete transactions in seconds, Papaya alleviates the stress associated with traditional payment methods such as mailing checks or navigating complex online portals. The platform serves various billers across multiple industries, facilitating faster and more reliable payments. Papaya has garnered positive feedback, achieving high ratings on app stores, and has attracted investment from notable firms. In addition to bill payments, Papaya also offers electronic money services, including online banking and international payment solutions, further enhancing its utility in the fintech space.

Nav

Seed Round in 2013
Nav is a financial technology company that offers a platform designed to assist business owners in managing their credit and accessing financing. It provides free access to personal and business credit reports from major credit bureaus, enabling users to monitor their financial health easily. The platform features a marketplace with over 100 financing products, including loans and credit cards, which helps business owners find suitable funding options based on their specific needs. Nav employs a lender-neutral approach, allowing users to explore financing choices without bias. Additionally, its services are utilized by other business service providers to enhance their offerings and improve customer experiences. Through these tools and resources, Nav aims to simplify the financing process for businesses.
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