Ownwell

Financial wellness platform for money management

Austin, Texas, United States

About Ownwell

Ownwell is a financial wellness platform that assists individuals in managing their money effectively. It offers personalized advice and guidance, along with various tools and resources that enable users to make informed financial decisions. The platform also provides financial education courses and workshops, which help users understand the fundamentals of money management. What sets Ownwell apart from its competitors is its focus on financial education, ensuring that users not only receive advice but also learn essential skills for managing their finances. The primary goal of Ownwell is to empower people to save, invest, and plan for their financial future.

Austin, TexasHeadquarters

2020Year Founded

$5.6MTotal Funding

SEEDCompany Stage

Fintech, Financial ServicesIndustries

51-200Employees

Benefits

Flexible Paid Time Off

Competitive health benefits

Learning support through a $1,000 stipend per year

Parental Leave

Risks

Rising interest rates may decrease real estate transactions, reducing demand for Ownwell's services.

Increased competition from PropTech startups could dilute Ownwell's market share.

Changes in property tax laws could impact Ownwell's ability to deliver savings.

Differentiation

Ownwell offers unique financial education courses and workshops for better money management.

The platform provides personalized advice to optimize property tax savings for homeowners.

Ownwell's Bill Reduction Service helps homeowners save on monthly bills, enhancing financial wellness.

Upsides

Increased interest in financial literacy boosts demand for Ownwell's educational offerings.

AI-driven advisory services enhance Ownwell's personalized financial advice efficiency.

Remote work trends increase homeownership, expanding Ownwell's property tax reduction customer base.

Funding

Total raised$5.59 M

Latest valuation$28.75 M

StageSEED

SEED

4/30/2022

$28.75 M