Honest Dollar - About the company
Honest Dollar is an acquired company based in Austin (United States), founded in 2014 by Whurley William Hurley. It operates as a Platform for managing 401(K) accounts. Honest Dollar has raised $3M in funding from Expansive Ventures. The company has 1001 active competitors, including 74 funded and 86 that have exited. Its top competitors include companies like Farther, Pontera and Origin.
Company Details
Honest Dollar provides a lower-cost way to set up and manage employee retirement plans. The company targets citizens who don't have access to employer-sponsored retirement plans and aims to cut out hidden fees. The platfrom charges companies fees of $8 per employee per month. the company was acquired by Goldman Sachs in March 2016.
- Website
- honestdollar.com
Key Metrics
Founded Year
2014
Location
Austin, United States
Stage
Acquired
Total Funding
$3M in 1 round
Latest Funding Round
Investors
Ranked
158th among 1001 active competitors
Employee Count
2 as on May 31, 2026
Exit Details
Acquired by Goldman Sachs (May 14, 2016)
Legal entities associated with Honest Dollar
Honest Dollar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Honest Dollar, Inc. CIN: 320453529 , United States, Active | Mar 19, 2015 | - | - | - |
Honest Dollar's acquisition details
Honest Dollar got acquired by Goldman Sachs on May 14, 2016.
Click here to take a look at Honest Dollar's acquisition in detail
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Honest Dollar's funding and investors
Honest Dollar has raised a total funding of $3M over 1 round. Its latest funding round was a Seed round on Oct 02, 2015 for $*****. 4 investors participated in its latest round. Honest Dollar has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Honest Dollar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 02, 2015 | 4131716 | Seed | 3115479 | 3139381 | 1674377 | 9074897 |
View details of Honest Dollar's funding rounds and investors
Honest Dollar's founders and board of directors
Founder? Claim ProfileThe founders of Honest Dollar is Whurley William Hurley.
Here are the details of Honest Dollar's key team members:
- Whurley William Hurley: Founder & CEO of Honest Dollar and founder of 2 other companies, Ecliptic Capital and Chaotic Moon.
View details of Honest Dollar's Founder profiles and Board Members
Honest Dollar's employee count trend
Honest Dollar has 2 employees as of May 26. Here is Honest Dollar's employee count trend over the years:
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Honest Dollar's Competitors and alternates
Top competitors of Honest Dollar include Farther, Pontera and Origin. Here is the list of Top 10 competitors of Honest Dollar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Farther 2019, New York City (United States), Series D | App-based financial planning and management platform for individuals | $272M | 68/100 | |
2nd | Pontera 2012, New York City (United States), Series C | Tax management solutions for businesses | $160M | 68/100 | |
3rd | Origin 2019, San Francisco (United States), Series B | Financial planning solutions for employees | $68M | 66/100 | |
4th | Compound 2019, San Francisco (United States), Series B | Wealth and financial management platform | $37.1M | 62/100 | |
5th | Capitalize 2019, New York City (United States), Series B | Financial planning and advisory platform | $33.5M | 62/100 | |
6th | Uprise 2021, San Francisco (United States), Seed | AI-powered financial advisory platform for individuals | $4.7M | 59/100 | |
7th | 401GO 2017, West Jordan (United States), Series B | Online employee benefits administration platform for enterprises | $77.2M | 58/100 | |
8th | The Coterie 2021, Palo Alto (United States), Series A | Diversified wealth management solutions | $40M | 56/100 | |
9th | Retirable 2019, New York City (United States), Series A | Online platform for retirement investment advisory | $30M | 55/100 | |
10th | OneEleven 2016, New York City (United States), Series A | Financial planning and money management platform for employers and individuals | $2.55M | 54/100 | |
158th | Honest Dollar 2014, Austin (United States), Acquired | Platform for managing 401(K) accounts | $3M | 34/100 |
Looking for more details on Honest Dollar's competitors? Click here to see the top ones
Honest Dollar's Investments and acquisitions
Honest Dollar has made no investments or acquisitions yet.
Reports related to Honest Dollar
Here is the latest report on Honest Dollar's geography:
News related to Honest Dollar
•
William Hurley on Honest Dollar’s sale to Goldman SachsTechCrunch+•Sep 06, 2016•Goldman Sachs, Honest Dollar
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