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First Dollar - About the company

First Dollar is an acquired company based in Austin (United States), founded in 2019 by and . It operates as an Online savings platform focused on managing healthcare & retirement planning. First Dollar has raised $19M in funding from Next Coast Ventures and BVF. The company has 6 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Lively, Further and Starship.

Company Details

Online savings platform focused on managing healthcare & retirement planning. Offers debit cards to assist in setting aside funds as savings and for spending. Features multiple plans of health benefits for users.
Website
Social
Key Metrics
Founded Year
2019
Location
Austin, United States
Stage
Acquired
Total Funding
in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among
Employee Count
as on Dec 31, 2021
Similar Companies
Exit Details
Acquired by Inspira Financial (Dec 02, 2024)

Legal entities associated with First Dollar

First Dollar is associated with 1 legal entity given below:
Legal Entity Name
Date of incorporation
Revenue
Net Profit
Employee Count
Dec 31, 1999
-
394
368

First Dollar's acquisition details

First Dollar got acquired by Inspira Financial on Dec 02, 2024.
Click to take a look at First Dollar's acquisition in detail

First Dollar's funding and investors

First Dollar has raised a total funding of $19M over 2 rounds. Its first funding round was on May 05, 2020. Its latest funding round was a Series A round on Jan 27, 2022 for $14M. 10 investors participated in its latest round, which includes BVF, Next Coast Ventures, Meridian Street Capital and Capital Factory.

First Dollar has 4 institutional investors including Next Coast Ventures, BVF and Meridian Street Capital. Jonathan Bush and 7 others are Angel Investors in First Dollar.

Here is the list of recent funding rounds of First Dollar:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Jan 27, 2022
$14M
Series A
2871228
4482320
May 05, 2020
$5M
Seed
9943922
8372676
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First Dollar's founders and board of directors

The founders of First Dollar are and . is the CEO of First Dollar. has founded 4 more companies including Filament Labs, Patient IO and Saltlick Labs.

First Dollar's employee count trend

First Dollar has 20 employees as of Dec 21. The total employee count is 81.8% more than what it was in Dec 20. Here is First Dollar's employee count trend over the years:
Employee count trend for First Dollar
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First Dollar's Competitors and alternates

Top competitors of First Dollar include Lively, Further and Starship. Here is the list of Top 10 competitors of First Dollar, ranked by ÃØÃÜÑо¿Ëù score :
Overall Rank
Company Details
Short Description
Total Funding
Investors
ÃØÃÜÑо¿Ëù Score
1st
Logo for Lively
Lively
2016, San Francisco (United States), Series C
Health saving account to save for healthcare expenses
$122M
Costanoa, PJCÌý&²¹³¾±è;Ìý
70/100
2nd
Logo for First Dollar
2019, Austin (United States), Acquired
Online savings platform focused on managing healthcare & retirement planning
$19M
BVF, Next Coast VenturesÌý&²¹³¾±è;Ìý
58/100
3rd
Logo for Further
Further
1989, Eagan (United States), Acquired
App-based savings platform for healthcare spending accounts
-
-
43/100
4th
Logo for Starship
Starship
2018, New York City (United States), Series A
Savings management platform for medical expenses
$11M
Third Prime, GaingelsÌý&²¹³¾±è;Ìý
43/100
5th
Logo for FSAFEDS
FSAFEDS
2009, Louisville (United States), Unfunded
App-based savings platform for healthcare expenses
-
-
41/100
6th
Logo for Devenir
Devenir
2011, Minneapolis (United States), Unfunded
HSA Investments solutions provider
-
-
13/100
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Looking for more details on First Dollar's competitors? Click to see the top ones

First Dollar's Investments and acquisitions

First Dollar has made no investments or acquisitions yet.

Reports related to First Dollar

Here is the latest report on First Dollar's sector:
View

News related to First Dollar

Media has covered First Dollar for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
siliconhillsnews.com•Dec 11, 2024•Inspira Financial, First Dollar
•
Newswire•Dec 02, 2024•Inspira Financial, First Dollar
•
GlobeNewswire•Aug 23, 2024•Wintrust, First Dollar
•
PR Newswire•Jan 05, 2023•First Dollar
•
PR Newswire•Sep 20, 2022•First Dollar,
•
FinSMEs•Jan 27, 2022•First Dollar, BVF, Next Coast Ventures, Meridian Street Capital
•
PR Newswire•Nov 12, 2020•First Dollar, RxSaver
•
TechCrunch+•May 05, 2020•First Dollar, Meridian Street Capital, Next Coast Ventures, Capital Factory
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