What is Secure?
Headquartered in Kirkland, Washington, SecureSave operates as a financial technology platform dedicated to empowering individuals to build emergency savings. Co-founded by Devin Miller, Bassam Saliba, and Suze Orman, the company addresses the critical need for accessible savings solutions in the US. SecureSave integrates seamlessly into employer benefits platforms, offering a low-cost, easy-to-manage program that demonstrably improves employee financial wellness and signals an employer's commitment to their workforce's well-being. The platform's design prioritizes ease of deployment and management for employers while delivering tangible value to employees.
How much funding has Secure raised?
Secure has raised a total of $14.5M across 2 funding rounds:
Angel/Seed
$3.5M
Unspecified
$11M
Angel/Seed (2021): $3.5M with participation from The R-Group, PSL Ventures, IA Ventures, and SeaChange
Unspecified (2022): $11M led by Stearns Financial Services, FTX US, and Truist Ventures
Key Investors in Secure
PSL Ventures
PSL Ventures is a professional real estate investment company dedicated to producing quality housing products in highly desirable areas of Houston while providing exciting, low risk investment opportunities with above average yields for our investor partners.
IA Ventures
IA Ventures is a venture capital firm specializing in early-stage investments in innovative technology companies. The firm focuses on identifying and supporting startups across various sectors, leveraging data-driven insights to guide their investment strategy.
FTX US
FTX US is a cryptocurrency exchange built by traders, for traders. It offers innovative products, including industry-leading derivatives, options and volatility products, tokenized stocks, prediction markets, leveraged tokens and an OTC desk.
What's next for Secure?
With the recent major strategic investment, Secure is poised for significant expansion and further development of its innovative savings solutions. The company's focus on employer benefits as a conduit for emergency savings positions it advantageously within the growing financial wellness market. Future initiatives will likely involve scaling operations, enhancing platform features, and forging new strategic partnerships to broaden its reach. The substantial backing indicates a strong market validation and provides the necessary resources to pursue ambitious growth objectives, solidifying Secure's role in addressing the national savings crisis.
See full Secure company page
