Dave

Dave has completed fundraising that includes a $50M Series B (Sep 30, 2019), a $100M conventional-debt facility (Jan 28, 2021) and a $100M Post-IPO round (Mar 22, 2022). The company reports $63.6M in total previously disclosed equity funding alongside larger debt financings used for balance-sheet flexibility. Founded in 2016, Dave builds consumer banking tools paycheck advances, budgeting, and fee-free accounts aimed at reducing overdraft and improving financial health. Capital has underwritten product expansion, card and deposit capabilities, and partnerships to scale membership and revenue per user.