What is Origin?
Founded in 2018 and headquartered in San Francisco, California, Origin operates as a financial benefits platform designed to enhance employee financial success. The company partners with employers to offer a robust suite of financial tools, including student loan repayment assistance, 401k optimization, savings solutions, and debt management services. Origin's core offering is a personalized financial plan accessible via a mobile application, supported by on-demand financial advisors. This integrated approach aims to alleviate employee financial stress, thereby improving 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 General Catalyst, Lachy Groom, Felicis Ventures, and Founders Fund
Series B (2021): $56M led by Lachy Groom, Felicis Ventures, Dick Costolo, Abstract Ventures, 01A, General Catalyst, and Founders Fund
Key Investors in Origin
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. They deploy capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.
Felicis Ventures
Felicis Ventures is a Menlo Park-based venture capital firm that raises multistage funds to invest in early and growth-stage technology companies across sectors such as SaaS, AI, fintech, and consumer, typically leading seed and Series A rounds.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages. The firm's partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook.
What's next for Origin?
With the recent infusion of major strategic capital, Origin is poised for accelerated growth and enhanced service delivery. The company is likely to focus on expanding its employer partnerships, further developing its platform's technological capabilities, and potentially broadening its financial advisory services. This strategic investment signals confidence in Origin's model for addressing critical employee financial wellness needs and positions the company to capture a larger share of the burgeoning corporate benefits market. Future initiatives may include scaling its operations to reach a wider client base and innovating its product offerings to maintain a competitive edge.
See full Origin company page
