Resolute is focused on finding extraordinary entrepreneurs and helping them succeed over the course of their career. Because our approach is so entrepreneur-focused, we are comfortable investing at the earliest of stages, often before any other investors. We make investment decisions quickly.  Very soon after our first meeting, we will either pass or articulate a discrete roadmap to a decision. We will invest as little as $50k and as much as $750k in a company’s initial financing. We prefer being a lead investor and guiding our entrepreneurs to the key milestones for a successful venture round.   We dislike “headless” seed rounds that lack a lead investor. Post investment we immediately focus on ensuring these milestones are clearly defined, and work to help our entrepreneurs achieve them. Rinse and repeat.

Resolute Ventures

Afore Capital backs product-centric founders at the pre-seed stage exclusively. The investment team brings 16 years of founding product experience (Android and Twitter) and 7 years of institutional investing experience (Founder Collective and Foundation Capital). Their sweet spot is the ~$1M pre-seed round, where they can lead the round as an institutional investor alongside high value angels.

Afore Capital

Amicus Capital is a seed stage information technology investment fund. They invest in entrepreneurs who are developing innovative information technology solutions to problems that affect large numbers of businesses or consumers. They like to invest early, typically in the first funding round, together with angel investors, friends and family. Over the past decade, they’ve invested in more than 60 seed stage information technology companies, many of which were subsequently funded by leading Silicon Valley venture capital firms and went public or were acquired by the most recognizable names in the industry.

Amicus Capital

[Arba](http://www.arbagroup.com/home.html) is a seed investment group that focuses on the internet, tech, and other new media.

Arba Seed Investment Group

Hedgewood is the personal investment vehicle of long time internet entrepreneur Jesse Rasch. It invests using proprietary capital, allowing for longer investment horizons and a broad range of asset classes. Further, as a globally minded investor, Hedgewood actively pursues and engages in a wide variety of investment opportunities in Canada, the United States, and internationally.

Hedgewood

K50 Ventures is a purpose-driven, early-stage venture capital firm.  We are the first institutional check and long-term partner to founders who believe technology has the potential to unlock access and affordability for the world’s working class across health, finance, and work.  Since 2016, we’ve invested in over 150 companies that have generated top-decile venture returns for our investors and material impact for millions of people and small businesses.

K50 Ventures

The Financial Solutions Lab was established in 2014 to cultivate, support, and scale innovative ideas that help improve financial health. We focus on solutions addressing acute and persistent financial health challenges faced by low- to moderate-income (LMI) individuals, Black and Latinx communities, and other underserved consumers. The Financial Health Network manages the Financial Solutions Lab in collaboration with founding partner JPMorgan Chase and with support from Prudential Financial.

Financial Solutions Lab

The Heron is known for its patience, standing still until the exact right moment to strike.   Heron Rock is a physical place, a rock outside our office where a Heron often chooses to rest, when not hunting.

Heron Rock Fund

ff Venture Capital (ffVC) is a technology venture capital firm investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The firm identifies and invests in technology and technology-enabled companies at its inception across geographies and emerging industries.  With three partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. Since 2008, ffVC has invested in over 100 companies and has helped to create companies with an aggregate market value exceeding $6 billion.

ff Venture Capital

Rebalance Capital is a FinTech and WorkforceTech investor propelling upward mobility for everyday Americans.

Rebalance Capital

Restive Ventures is on a mission to help entrepreneurs build the world’s best fintech companies. We provide the foundation of early-stage capital, deep operational expertise, and systematic connections to help founders launch and grow more quickly. Restive reflects fintech founder’s inability to sit still – the entrepreneurs and visionaries that want to get something done, and often don’t rest until they do. Restive is committed to financially and operationally supporting founders that are driven, innovative, and ready to change the world.

Restive

HoneyBee

HoneyBee is a Certified Benefit Corporation® with the mission to address financial insecurity in the workplace. We provide a Rainy Day Coverage with no-cost emergency funds and bilingual on-demand financial counseling because your employees' financial health matters.

HoneyBee’s platform enables employers to offer employees access to emergency funds at zero cost backed by paychecks. HoneyBee also offers personalized financial coaching through sessions with certified professionals.

Helping employers provide personalized, high-touch, and holistic financial wellness tools to their entire workforce.

Financial Wellness Tools

Centific Launches Honeybee, a Multipurpose AI Solution

HoneyBee’s platform enables employers to offer employees access to emergency funds at zero cost backed by paychecks. HoneyBee also offers personalized financial coaching through sessions with certified professionals.HoneyBee has reported to provide more than USD 2 million in rainy-day funds and has seen a 225% increase in user growth during the Covid-19 pandemic. The company also has experienced an YoY growth of 172% in on-demand financial therapy usage in September 2021.Key customers and partnershipsHoneyBee had more than 60 middle-market companies as clients as of September 2021. Notable customers of the company include Alameda County Community Food Bank, DC Central Kitchen, Kate Somerville, Community Catalyst of California, Southwest Water Company, Straus Family Creamery, Asian Art Museum, Pasadena Humane Society, and Peachtree Health as of the same date.In October 2022, HoneyBee formed a partnership with Hanmi Bank to offer a new Choice Checking account, specifically targeting unbanked and underbanked communities.Funding and financialsIn September 2021, the company raised USD 105.7 million through a combination of debt and equity funding. This includes a USD 100 million debt facility from CIM and USD 5.7 million in equity from a round led by FFVC. The company expects to use the funding to expand its sales, engineering, and customer success team.

Based in the UK, Salary Finance offers a comprehensive suite of financial well-being benefits for employees. The company partners with employers to offer a platform that provides employees with access to a range of financial well-being products, including salary-backed loans, earned wage advances, savings accounts, and customized educational resources to help them build and automate savings as well as improve their overall financial well-being.In April 2024, the US operations of Salary Finance merged with the financial wellness benefit platform <a href="https://sp-edge.com/companies/609722">Finfit</a>. The combined entity now operates under the FinFit brand in the US.Key customers and partnershipsAs of February 2024, the platform was used by 600 employers across the UK, available to more than 4.5 million employees. These include more than a fifth of the companies in the FTSE-100 index. Its notable customers include the NHS, Dunelm, Virgin Active, and Simply Health.Salary Finance partnered with the American financial technology company Chime in July 2021, to launch Save—a new product to incentivize US employees to set up a salary-linked savings account with Chime, and become entitled to a USD 50 bonus and a variable Annual Percentage Yield (APY) of 0.50%.

Salary Finance

Payactiv offers a financial wellness solution, centered around "Earned-Wage Access," allowing employees to access their wages before payday. Employees can instantly access funds for hours worked, with options to transfer to their bank, load onto a Payactiv card, or withdraw cash at Walmart. Its app works as a digital wallet and includes additional features such as AI and machine-learning-based tools for budgeting, tracking savings, managing spending and bills, and obtaining personalized one-on-one financial coaching from trained professionals.The Payactiv app also features a free communication tool—Payactiv Connect—that enables employers and employees to connect for HR communications, company news, alerts, and shift scheduling.Key customers and partnershipsAs of November 2023, PayActiv’s platform was used by employees at over 4,000 businesses from industries such as retail and food services across the US, with some customers in Canada, Australia, the Philippines, and Brazil. Its clients include Walmart, Wayfair, Ibex Global and several others. It also entered into a partnership with US Bank in February 2022, where users of prepaid US Bank Focus Cards for payroll will be able to access their wages early.The company also has working partnerships with payment processors such as <a href="https://sp-edge.com/companies/23004">Fiserv</a> and <a href="https://sp-edge.com/companies/13061">Visa</a> to enable real-time transfer of earned wages to bank accounts of employees.

PayActiv

Based In the UK, Wagestream provides a financial wellness platform, offering a range of services including earned wage access, financial education, tools for savings, and pay and spend tracking. Wagestream’s tools are offered to employees through a mobile app, with an analytics platform for employers to monitor participation and financial resilience of staff.Employees can access their earned wages using the app by paying a flat fee of GBP 1.95 (USD 2.50) per withdrawal. The company’s platform has integrations with several payroll and timekeeping systems, enabling organizations to deploy Wagestream into their payroll process.Wagestream acquired 1) Australian earned-wage access startup Earnd in March 2021 to enter into the Australian market. 2) a credit card startup Keebos, in October 2023, to integrate Keebos credit score building platform (that uses open banking data) with Wagestream’s core offerings.Key customers and partnershipsAs of February 2024, Wagestream had a global user base of more than 3 million, which included more than 1,000 corporate customers in industries such as the retail, hospitality, and healthcare sectors. The company has offices in the US, UK, Spain, and Australia and some notable employers include Burger King, Pizza Hut, Crate &amp; Barrel, Bupa, University of Chicago, Popeyes, and National Health Service UK.The company also partnered with French Insuretch provider Wakam in August 2023, to introduce income protection coverage to its users.

Wagestream

Cleo offers tools for budgeting, and provides personalized spending and savings advice by connecting to a user's bank account and applying machine learning algorithms to analyze spending habits and transaction history. The app also provides access to an interactive chatbot which users can query to obtain on-demand suggestions (which has been supported by an in-house large language model since 2023).&nbsp;The platform also offers additional features such as a secured card to build credit score, direct debits, and salary advances.Cleo operates a subscription-based pricing on its budgeting and savings tools, with fee-based pricing on its cash advance offerings targeted at gig workers and workers with poor credit. The platform charges monthly subscription fees in the range of USD 1.99 - 5.99 on Cleo Plus offering and charges USD 10.99-14.99 on Cleo build offering.Cleo’s target market is the Gen-Z segment of the population and as of October 2023, the company had 7 million users, (up from 4 million in December 2020) and had USD 72.3 million annual recurring revenue (which was up 2.4x YoY)

Cleo

FinFit offers a financial wellness benefit platform for employers that uses predictive AI, and includes tools for employees to budget, track spending, set savings goals and obtain personalized financial assessments. The platform also provides access to certified financial counselors to obtain one-on-one financial advice. In addition to financial coaching, the company also offers services such as tools to manage student loan debt, get early access to earned wages, and obtain low-cost short-term loans backed by the employee’s salary. In April 2023, Fitfit merged with the US operations of UK-based financial wellness platform <a href="https://sp-edge.com/companies/342361">Salary Finance</a>. The two companies aim to launch a combined platform in the US under the Finfit brand.FinFit operates a subscription-based pricing model, and charges employers in the range of USD 0.30–1.00 per employee per month based on the size of the organizations and number of employees. The platform also generates revenue through interest income by charging users interest in the range of 7.9%–24.9% APR on its loans. It charges fixed interest on its lines of credit.As of March 2024, FinFit was reported to be serving more than 500,000 employees (up from 150,000 in 2020).Key customers and partnershipsIn September 2024, FinFit <a href="https://sp-edge.com/updates/33696">partnered with</a> <a href="https://sp-edge.com/companies/945256">Sunny Day Fund</a>, a financial support platform, to offer emergency savings accounts for employees through its SafetyNet platform. In August 2024, FinFit <a href="https://sp-edge.com/updates/32581">partnered with</a> <a href="https://sp-edge.com/companies/493140">isolved</a>, a human capital management platform, to expand product reach.

FinFit

Offers end-to-end financial wellness solutions ranging from educational resources to interactive platforms/tools for managing finances as well as access to registered investment advisors.

Provides a platform for employees, through their employers, to access earned wages or obtain emergency interest-free funds/loans, which are settled through their paycheck.

Provides a platform for employers to provide resources such as tools and advice to manage employee debt (with an increased focus on student loan debt).

Apps and platforms that allow consumers to obtain personalized financial advice, automate savings, create budgets, and track and manage spending.

Offers interactive platforms/tools for employers to provide personalized financial education resources and/or coaching to its employees.

Solutions that enable companies to offer and manage employee-sponsored emergency savings accounts through automated payroll deductions.

Platforms for employers to support employees with other debts such as mortgages, credit card debt, etc. through repayment assistance, refinancing options, and automated administrative processes.

Operates a B2B SaaS model to support employers with offering various fringe benefits to employees

HoneyBee

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