What is Oxygen?
Oxygen operates as a comprehensive financial platform engineered for the modern creator economy. By providing a seamless user experience that integrates personal and business accounts, the company addresses the specific pain points of freelancers, entrepreneurs, and digital-first professionals. Its market position is defined by its ability to offer a unified banking partner that understands the fluid nature of modern work, moving beyond traditional banking constraints to provide a flexible, tech-forward ecosystem. The platform's architecture is designed to support the rapid scaling of small businesses while maintaining the simplicity required for individual financial management, positioning Oxygen as a critical infrastructure provider for the next generation of the workforce.
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 Light Bridge, PioneerFund, The House Fund, Strawberry Creek, Digital Horizon Capital, Locus Ventures, Sam Yam, ZMT Capital, Magic Fund, Base Ventures, Endure Capital, and Cynthia Chen
Series A (2021): $17M led by 1984.vc, EFG Hermes Holding SAE, Rucker Park Capital, Inventures, S7V, and Runa Capital
Key Investors in Oxygen
Runa Capital
An international venture capital firm specializing in deep tech and software, with a proven track record of supporting high-growth companies across Europe and North America.
Inventures
A prominent crowdfunding platform that facilitates co-investment opportunities for private investors in high-potential start-ups and scale-ups.
Base Ventures
An investment firm focused on disruptive ideas in consumer technology and enterprise solutions, dedicated to empowering founders through long-term strategic support.
What's next for Oxygen?
With the recent influx of capital, Oxygen is well-positioned to accelerate its product development roadmap and expand its market reach. The strategic focus will likely center on enhancing its core banking features, deepening its integration with third-party financial tools, and scaling its user acquisition efforts to solidify its footprint in the fintech sector. As the company moves beyond its Series A stage, the emphasis will shift toward long-term sustainability and the refinement of its proprietary technology stack. By leveraging its current backing from institutional investors, Oxygen is poised to navigate the complexities of the financial services industry, potentially introducing advanced credit products or expanded business management tools that cater to the growing needs of its diverse user base.
See full Oxygen company page