What is Origin?
Founded in 2018 and headquartered in San Francisco, Origin offers a comprehensive financial benefits platform designed to empower employees on their journey to financial success. By partnering with employers, Origin provides a suite of tools encompassing student loan repayment, 401k optimization, savings solutions, and debt management. The platform delivers personalized financial plans accessible via a mobile app, complemented by on-demand access to financial advisors. This integrated approach aims to alleviate financial stress, thereby boosting employee engagement and retention for participating companies.
How much funding has Origin raised?
Origin has raised a total of $68M across 2 funding rounds:
Series A
$12M
Series B
$56M
Series A (2020): $12M with participation from Lachy Groom, Founders Fund, Felicis Ventures, and General Catalyst
Series B (2021): $56M led by Abstract Ventures, 01A, Dick Costolo, General Catalyst, Founders Fund, Lachy Groom, and Felicis Ventures
Key Investors in Origin
Founders Fund
Founders Fund is a venture capital firm that invests in companies across all sectors and stages, known for backing transformative businesses and providing significant founder support.
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities, partnering with entrepreneurs to accelerate growth and build enduring enterprises.
Felicis Ventures
Felicis Ventures is a venture capital firm that invests in early and growth-stage technology companies, typically leading seed and Series A rounds and supporting founders through scaleup.
What's next for Origin?
With its latest major strategic investment, Origin is poised to further scale its operations and enhance its platform offerings. The company's focus on addressing critical employee financial pain points, such as student loan debt and retirement planning, positions it for continued expansion within the corporate benefits sector. Future growth is likely to involve deepening employer partnerships, expanding the advisor network, and potentially introducing new financial wellness modules. The substantial capital infusion suggests a strategic push towards market leadership and innovation in employee financial empowerment.
See full Origin company page
