About Ness
Ness offers a credit card designed to promote and reward healthy spending habits. Users earn points for purchases related to health and wellness, which can be redeemed for products and services in a dedicated wellness marketplace. The card also provides exclusive perks from well-known health brands, encouraging users to make healthier choices. Unlike traditional credit cards, Ness focuses specifically on health-related rewards, making it distinct in the financial services market. The goal of Ness is to motivate individuals to prioritize their health through financial incentives.
New York City, New YorkHeadquarters
2020Year Founded
$15.1MTotal Funding
SEEDCompany Stage
Fintech, Consumer GoodsIndustries
51-200Employees
Benefits
Generous PTO
Paid parental leave
Medical, dental, & vision
Self-care benefits
401(k)
Professional development program
Semi-annual Nessfest (our version of summits)
Risks
Competition from established credit card companies may reduce Ness's market share.
Consumer skepticism towards fintech could hinder Ness's user acquisition.
Economic downturns might decrease spending on wellness, affecting Ness's revenue.
Differentiation
Ness offers a unique credit card focused on health and wellness rewards.
Partnerships with brands like Sweetgreen enhance Ness's appeal to health-conscious consumers.
Acquisition of WellSet Network broadens Ness's wellness services and expert offerings.
Upsides
Growing wellness market offers Ness a $1.5 trillion opportunity.
Successful $15.5M seed funding indicates strong investor confidence in Ness.
Increasing consumer focus on health boosts Ness's market potential.
Funding
Total raised$15.08 M
Latest valuation$77.50 M
StageSEED