Elva
Company

Last deal

$1.M

Amount

Pre-Seed

Stage

15.02.2020

Date

1

all rounds

$1.M

Total amount

General

About Company
Elva is a Financial Wellbeing service for employers that provides tailored services for both the employer and their employees.

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founded date

01.01.2018

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

Elva offers a complete financial wellness package that combines AI-driven content with online real-life coaching to help employees understand their money habits and financial situation. They partner with best-in-class product providers to deliver a range of innovative financial solutions, including salary advances, financial planning, credit union loans, and savings/investments. Elva helps a new and growing part of the workforce, including app workers, freelancers, and others in the new flexible workforce, by giving them access to products and benefits they would otherwise be unable to qualify for. They also help employers and HR directors improve their employees' financial wellbeing, which increases productivity, attraction, and retention rates. Elva's award-winning app is free for employers to offer, making it an attractive benefit for staff.
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