What is Current?
Current operates as a management consulting company, providing essential financial services designed to enhance the financial outcomes of its clientele. Headquartered in New York, New York State, the firm has established itself as a key player in offering strategic financial guidance. Its core mission revolves around empowering businesses and individuals to achieve improved financial health through expert consultation and tailored solutions. The company's consistent access to significant capital injections, including its most recent major strategic investment, indicates strong investor confidence in its business model and future potential.
How much funding has Current raised?
Current has raised a total of $659.6M across 7 funding rounds:
Unspecified
$3.6M
Series A
$5M
Series B
$20M
Series C
$131M
Series D
$220M
Other Financing Round
$200M
Series E
$80M
Unspecified (2017): $3.6M with participation from Human Ventures, Expa Ventures, and Future Perfect Ventures
Series A (2017): $5M led by Cota Capital and QED Investors
Series B (2019): $20M supported by QED Investors, Elizabeth Street Ventures, Galaxy Digital EOS VC Fund, Wellington Management Company, Expa, and CMFG Ventures
Series C (2020): $131M featuring Foundation Capital, AVENIR GLOBAL company, QED Investors, Tiger Global Management , LLC, Sapphire Ventures LLC, and Wellington Management Company LLP.
Series D (2021): $220M backed by Sapphire Ventures, AVENIR GLOBAL, TQ Ventures, Tiger Global, and Andreessen Horowitz
Other Financing Round (2024): $200M with participation from Wellington Management, General Catalyst, Cross River, Avenir, and Andreessen Horowitz
Series E (2026): $80M led by Sapphire Ventures, QED Investors, Avenir, Wellington Management, Springcoast Capital Partners, Tiger Global Management, Andreessen Horowitz, and Foundation Capital
Key Investors in Current
Wellington Management
Wellington Management Company, LLP is a global, independent investment management firm based in Boston, Massachusetts. It provides institutional clients with portfolio management, research, and tailored investment solutions across equities, fixed income, multi-asset, and alternative strategies.
General Catalyst
General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. The firm deploys capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
What's next for Current?
The substantial enterprise-level funding secured by Current, culminating in a total of $659.6M and a recent strategic investment of $80M, positions the company for accelerated expansion and innovation. This influx of capital is expected to fuel further development of its financial services, potentially through strategic acquisitions, enhanced technological integration, or broader market penetration. As Current moves forward, its focus will likely remain on leveraging its consulting expertise to drive client success while solidifying its market leadership. The company's history of consistent funding rounds, from Series A to its latest major financing, demonstrates a clear path of growth and increasing valuation, suggesting a robust strategy for sustained development and market impact.
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