Funds will drive product innovation, support customer growth, and expand the Origin team
I’m excited to announce that Origin has raised $56 million in a Series B round led by Dick Costolo and Adam Bain’s 01A, Lachy Groom, and General Catalyst.This funding will be instrumental in accomplishing our mission to bring financial wellness to every employee, no matter their income or net worth. Since the COVID-19 pandemic began, 63% of employees reported their financial stress has increased, and more than 80% want advice or validation for their financial decisions.This has generated a tremendous demand from innovative and people-centric companies looking for financial wellness benefits for their employees. Our customers know that to build a happy, healthy, and loyal workforce, they need to provide benefits that truly alleviate the most significant burden on their workers’ mental health—finances.You can read more about Origin's Series B in the Wall Street Journal.
Since co-founding Origin in 2018, I’ve seen massive demand for a holistic financial wellness solution that helps employees utilize total compensation packages and supports HR and People teams without adding to their workload.Origin provides a platform for employees to better manage their money. We offer a single dashboard where people have a snapshot of all their finances, plus unlimited 1-on-1 sessions with Certified Financial Planners™ and customizable financial literacy workshops to help people reach their immediate and long-term goals. It’s all about meeting people where they’re at in their financial journey.
This funding will allow Origin to accelerate product innovation, invest in our team to keep up with the immense demand, and expand enterprise-grade products to support customers on a global scale.
What I love most about Origin’s growth is the satisfaction and positive feedback we get from our customers who have witnessed the toll financial stress has had on their employees’ personal and professional lives.Our customers at DocuSign, Zynga, Nextdoor, and Blend use Origin to help employees at all life stages, whether it’s millennial and Gen Z employees who are facing student debt and a high cost of living, or employees who are looking to maximize their retirement savings. HR and People teams also value Origin’s ability to help employees discover and utilize their compensation, equity, and benefits packages.When a company signs up with Origin, we support them every step of the way. This has translated into:
Since our Series A round of funding, we’ve more than tripled our headcount and financial planning network. It’s an exciting time to be an Original (that’s what we call ourselves).We take pride in creating a company culture where people feel valued and supported. Our employees are passionate about doing their best work, making a difference for our customers, while having some fun along the way.Each department is a champion of what they do, whether coding our next product, providing excellent customer service, creating beautiful designs, or providing personalized financial guidance to employees. We are united by our mission to alleviate the stress and worry people have about their personal finances.
We’re growing quickly and looking for passionate people around the world to join our team.
My co-founder, Joao de Paula, and I are grateful to our customers and partners for their belief in our vision to make financial wellness available to every employee, everywhere.Of course, we wouldn’t be able to achieve any of this without the hard work and support from the Original team. They’re smart, passionate, and I’m constantly blown away by what they accomplish every day. Thank you for being on this journey with us. We’re just getting started!