Lili Raises $55M Series B To Support Growing Number Of Freelancers In The $1.2T U.S. Freelance Economy, Doubles Its Account Base In Less Than 6 Months During The Covid-19 Pandemic
Amount Raised
$55 Million
Round Type
Series B
New YorkFinancial ServicesSoftwareFinanceFintechLendingBankingAccountingDescription
Lili, the fastest growing mobile banking service for freelancers in the U.S., today announced a $55M Series B investment led by Group 11, bringing total funding to $80M following a record year of growth and revenue for Lili. Other notable investors included Target Global and AltaIR with previous investors re-upping. The New York-based banking app is spearheaded by finance serial entrepreneur Lilac Bar David and is strengthening its claim as the leading banking app and finance tool for freelancers and gig-economy workers. Offering relevant and timely features such as expense management, effortless tax preparation, and no-fee accounts, Lili has doubled its account base in the past 6 months as more users pursue new, entrepreneurial endeavors and turn to Lili as a reliable resource for their growing businesses.
Quick answer
Lili raised $55 Million in a Series B round, dated May 11, 2021. Lili is based in New York, New York, United States.
- How much did Lili raise?
- Lili raised $55 Million in a Series B round on May 11, 2021.
- What does Lili do?
- Lili is a financial platform designed specifically for small business owners.
- Where is Lili based and how big is it?
- Lili is based in New York, New York, United States. Fundz records about 101 employees.
- Who are the decision-makers at Lili?
- Fundz holds 2 contacts at Lili. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Lili that raised within 45 days of this round, from Fundz verified event records.
Who to call at Lili, and when
A new round usually means Lili is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lili raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lili, from your own LinkedIn network
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Funding Insights
What this usually meansLili raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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