What does Sequence do?
Sequence is a fintech startup based in NYC with Israeli roots, providing an innovative autopilot solution that automates financial management for both consumers and small to medium-sized enterprises. Its platform helps users manage debt repayment and deploy various repayment strategies, with banking services provided by Thread Bank, a member of FDIC.
How much did they raise?
The company raised $7.5M in a funding round, which was led by Aleph and Emerge, with participation from ICON and Yasmin Lukatz. This round brings Sequence's total funding to $14.5M.
What are their plans for the money?
Sequence plans to use the new funds to expand its operations, broaden its business reach, and further develop its technology. The investment is expected to accelerate the refinement of its financial autopilot, potentially transforming how consumers and SMEs manage their finances.
What have they achieved so far?
Since its founding in June 2023, Sequence has made significant strides by developing and launching its financial management autopilot, and establishing strategic partnerships, including with Thread Bank, to support its services.
