When was First Dollar founded?

First Dollar was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is First Dollar located?

First Dollar is headquartered in Austin, United States. It is registered at Austin, Texas.

Who is the current CEO of First Dollar?

Jason Bornhorst of First Dollar. They have also founded 1 company.

How many employees does First Dollar have?

As of Sep 30, 2026, the latest employee count at First Dollar is 24.

Is First Dollar a funded company?

First Dollar is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 05, 2020.

When was the latest funding round of First Dollar?

First Dollar's latest funding was a $***** Series A round on Jan 27, 2022, with participation from 10 investors.

Where does First Dollar rank among its competitors?

First Dollar ranks 3rd amongst 5 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was First Dollar, which secured $14M in Jan, 2022.

Who are the top competitors of First Dollar?

First Dollar's top competitors include Lively, Starship and Further. Among them, First Dollar secured the most recent funding round in January, 2022.

First Dollar - 2026 Company Profile, Team, Funding & Competitors

First Dollar is an acquired company based in Austin (United States), founded in 2019 by Colin Anawaty and Jason Bornhorst. It operates as an Online savings platform focused on managing healthcare & retirement planning. First Dollar has raised $19M in funding from Next Coast Ventures and BVF. The company has 5 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Lively, Starship and Further.

Company Details

Online savings platform focused on managing healthcare & retirement planning. Offers debit cards to assist in setting aside funds as savings and for spending. Features multiple plans of health benefits for users.

Website: www.firstdollar.com/
Social
Registered Address: Austin, Texas

Key Metrics

Founded Year

2019

Location

Austin, United States

Stage

Acquired

Total Funding

$19M in 2 rounds

Latest Funding Round

Series A, Jan 27, 2022, $*****

Investors

Next Coast Ventures & 11 more

Ranked

3^rd among 5 active competitors

Employee Count

24 as on Sep 30, 2026

Similar Companies

Lively & 10 more

Exit Details

Acquired by Inspira Financial (Dec 02, 2024)

View First Dollar's full profile

First Dollar is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
FIRST DOLLAR, INC. CIN: 843397445 , United States, Active	Dec 31, 1999	-	28 (As on Dec 31, 2024)	-

First Dollar got acquired by Inspira Financial on Dec 02, 2024.

Click here to take a look at First Dollar's acquisition in detail

First Dollar has raised a total funding of $19M over 2 rounds. Its first funding round was on May 05, 2020. Its latest funding round was a Series A round on Jan 27, 2022 for $*****. 10 investors participated in its latest round. First Dollar has 4 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of First Dollar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2022	2493620	Series A	1144935	3452071	7259815	4437575
May 05, 2020	3718703	Seed	4924256	5673139	Next Coast Ventures	Jonathan Bush & 4 more

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View details of First Dollar's funding rounds and investors

The founders of First Dollar are Colin Anawaty and Jason Bornhorst. Jason Bornhorst is the CEO of First Dollar.

Here are the details of First Dollar's key team members:

Colin Anawaty: Co-Founder of First Dollar and founder of 4 other companies, including Patient IO, Filament Labs and Saltlick Labs.
Jason Bornhorst: Co-Founder & CEO of First Dollar.

View details of First Dollar's Founder profiles and Board Members

First Dollar's employee count trend

First Dollar has 24 employees as of Sep 26. Here is First Dollar's employee count trend over the years:

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Top competitors of First Dollar include Lively, Starship and Further. Here is the list of Top 10 competitors of First Dollar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lively 2016, San Francisco (United States), Series C	Health saving account to save for healthcare expenses	$122M	Costanoa, Liquid 2 Ventures & 21 others	67/100
2nd	Starship 2018, New York City (United States), Series A	Savings management platform for medical expenses	$11M	Valar Ventures, Third Prime & 4 others	49/100
3rd	First Dollar 2019, Austin (United States), Acquired	Online savings platform focused on managing healthcare & retirement planning	$19M	Meridian Street Capital, BVF & 10 others	46/100
4th	Further 1989, Eagan (United States), Acquired	App-based savings platform for healthcare spending accounts	-	-	37/100
5th	Devenir 2011, Minneapolis (United States), Unfunded	HSA Investments solutions provider	-	-	21/100