Frank - About the company
Frank is a seed company based in Chicago (United States), founded in 2019. It operates as a Provider of AI-powered financial advice and planning with human advisor access. Frank has raised an undisclosed amount in funding from Higher Ground Labs. The company has 18 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Blooom, Boldin and Robustwealth.
Company Details
Provider of AI-powered financial advice and planning with human advisor access. It offers personalized financial guidance by utilizing a user's complete financial background. The service assists in making decisions related to retirement, taxes, benefits, and healthcare. It features an interactive dashboard to view accounts and track financial goals.
- Website
- www.getfrank.com/
- Email ID
- *****@getfrank.com
Key Metrics
Founded Year
2019
Location
Chicago, United States
Stage
Seed
Latest Funding Round
Investors
Ranked
4th among 18 active competitors
Employee Count
26 as on Sep 30, 2026
Legal entities associated with Frank
Frank is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
GETFRANK, PBC CIN: 7517470 , United States, Active | Jul 15, 2019 | - | - | - |
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Frank's funding and investors
Frank has raised funding over 1 round. Its latest funding round was a Seed round on Sep 30, 2022 for $*****. 1 investor participated in its latest round. Frank has 4 institutional investors.
Here is the list of recent funding rounds of Frank:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 30, 2022 | 2888563 | Seed | 5744786 | 9718383 | 5270231 | 9528929 |
View details of Frank's funding rounds and investors
Frank's founders and board of directors
Founder? Claim ProfileFrank's employee count trend
Frank has 26 employees as of Sep 26. Here is Frank's employee count trend over the years:
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Frank's Competitors and alternates
Top competitors of Frank include Blooom, Boldin and Robustwealth. Here is the list of Top 10 competitors of Frank, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blooom 2013, Overland Park (United States), Series B | Investment advisor that works with existing retirement account | $13.2M | 48/100 | |
2nd | Boldin 2015, Mill Valley (United States), Series A | Provider of financial planning and retirement planning software | $20M | 42/100 | |
3rd | Robustwealth 2015, New York City (United States), Acquired | Automated solutions for individuals and 401(k) accounts. | $7.49M | 40/100 | |
4th | Frank 2019, Chicago (United States), Seed | Provider of AI-powered financial advice and planning with human advisor access | - | 37/100 | |
5th | Rebalance IRA 2012, Palo Alto (United States), Unfunded | Automated investment for retirement savings | - | - | 24/100 |
6th | Annuities.ai 2018, Lake Mary (United States), Unfunded | Platform offering annuity with AI-powered recommendations | - | - | 24/100 |
7th | Become Autonomous New York City (United States), Seed | Provider of an AI-driven platform for financial planning and investment advice | $500K | 24/100 | |
8th | LDIntelligence 2012, Scottsdale (United States), Seed | Platform offering solutions for retirement planning | $1.98M | - | 23/100 |
9th | Vault 2015, Portland (United States), Acqui-Hired | Robo Advisor for retirement | - | - | 20/100 |
10th | Fingage 2008, San Francisco (United States), Unfunded | Robo advisors and investment management platform | - | - | 19/100 |
Looking for more details on Frank's competitors? Click here to see the top ones
Frank's Investments and acquisitions
Frank has made no investments or acquisitions yet.
Reports related to Frank
Here is the latest report on Frank's sector:
News related to Frank
•
JPMorgan sues acquired startup’s founder for inflating client numbersRetailbankerinternational•Jan 12, 2023•JPMorgan Chase, Frank, Frank
•
JP Morgan Chase Sues Founder of Student Loan Fintech Startup FrankEntrepreneur•Jan 12, 2023•JPMorgan Chase, Frank
•
JPMorgan acquires college financial planning platform FrankThe Business Times•Sep 21, 2021•J P Morgan, Frank
•
Frank, a stealthy startup from Logan LaHive, wants to give workers a voiceThe Business Journals•Jun 16, 2021•Frank
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