What is Oxygen?
Oxygen operates as a sophisticated financial platform engineered for the 21st-century economy. By bridging the gap between personal and business banking, the company provides a unified application that caters to the unique needs of digital natives and independent professionals. Its value proposition lies in its seamless user experience, which simplifies complex financial management tasks for users who operate outside traditional employment structures. As a neobank, Oxygen leverages technology to offer agile, responsive, and integrated financial tools that align with the fluid nature of modern work, effectively positioning itself as a vital utility for the gig economy and beyond.
How much funding has Oxygen raised?
Oxygen has raised a total of $19.3M across 2 funding rounds:
Angel/Seed
$2.3M
Series A
$17M
Angel/Seed (2019): $2.3M with participation from The House Fund, Locus Ventures, Sam Yam, Light Bridge, PioneerFund, Base Ventures, Cynthia Chen, Endure Capital, Magic Fund, Strawberry Creek, Digital Horizon Capital, and ZMT Capital
Series A (2021): $17M led by Runa Capital, EFG Hermes Holding SAE, S7V, Inventures, Rucker Park Capital, and 1984.vc
Key Investors in Oxygen
Runa Capital
An international venture capital firm specializing in deep tech and software, with a portfolio spanning over 80 companies across Europe and North America.
Base Ventures
A firm focused on transforming access to opportunities for founders, with a strong emphasis on disruptive consumer technology and enterprise solutions.
Inventures
A Belgian-based crowdfunding platform that facilitates co-investment opportunities for private investors alongside venture capitalists in high-potential startups.
What's next for Oxygen?
With the infusion of $17M, Oxygen is well-positioned to accelerate its product roadmap and expand its market reach. The company's strategic focus is expected to center on deepening its feature set, potentially integrating more advanced enterprise-level tools to support the evolving requirements of its user base. As the fintech landscape becomes increasingly competitive, Oxygen's ability to maintain a high-authority, user-centric platform will be paramount. Future growth will likely involve scaling its infrastructure to accommodate a larger volume of transactions while maintaining the high-touch, personalized service that has defined its brand identity thus far.
See full Oxygen company page
