Immediate Solutions - About the company
Immediate Solutions is a series B company based in Birmingham (United States), founded in 2019 by Jason Gwizdala and Matt Pierce. It operates as an Online platform offering salary-linked payday loans to employees through employers. Immediate Solutions has raised $38.4M in funding from Alabama Launchpad and Launchpad Capital. The company has 16 active competitors, including 10 funded and 1 that has exited. Its top competitors include companies like Kashable, Purchasing Power and HoneyBee.
Company Details
IOnline platform offering salary-linked payday loans to employees through employers. It enables employers to offer employees access to the updated earned money as the platform calculates work hours and notifies the amount earned through its app. Its app is available for iOS and Android devices.
- Website
- www.joinimmediate.com/
- Email ID
- *****@joinimmediate.com
Key Metrics
Founded Year
2019
Location
Birmingham, United States
Stage
Series B
Total Funding
$38.4M in 6 rounds
Latest Funding Round
Investors
Ranked
3rd among 16 active competitors
Employee Count
34 as on Mar 31, 2026
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Immediate Solutions's funding and investors
Immediate Solutions has raised a total funding of $38.4M over 6 rounds. Its first funding round was on Sep 06, 2019. Immediate Solutions has 4 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Immediate Solutions:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2024 | 2831561 | Series B | 2489715 | 3938657 | 6868446 | 9365067 |
Jul 25, 2023 | 5010421 | Series B | 4653013 | 6441260 | 9236080 | |
Sep 02, 2022 | 6721847 | Conventional Debt | 5121281 | 7268663 | 4852196 | 7728040 |
View details of Immediate Solutions's funding rounds and investors
Immediate Solutions' founders and board of directors
Founder? Claim ProfileThe founders of Immediate Solutions are Jason Gwizdala and Matt Pierce. Matt Pierce is the CEO of Immediate Solutions.
Here are the details of Immediate Solutions' key team members:
- Jason Gwizdala: Co-Founder & CTO of Immediate Solutions.
- Matt Pierce: Founder & CEO of Immediate Solutions.
View details of Immediate Solutions's Founder profiles and Board Members
Immediate Solutions' employee count trend
Immediate Solutions has 34 employees as of Mar 26. Here is Immediate Solutions's employee count trend over the years:
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Immediate Solutions's Competitors and alternates
Top competitors of Immediate Solutions include Kashable, Purchasing Power and HoneyBee. Here is the list of Top 10 competitors of Immediate Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Kashable 2013, New York City (United States), Series C | Provider of employer-sponsored program offering employees access to personal loans | $62.6M | 68/100 | |
2nd | Purchasing Power 2001, Atlanta (United States), Acquired | E-commerce company that allows customers to finance purchases through payroll deduction. | - | 65/100 | |
3rd | Immediate Solutions 2019, Birmingham (United States), Series B | Online platform offering salary-linked payday loans to employees through employers | $38.4M | 56/100 | |
4th | HoneyBee 2015, San Francisco (United States), Series A | Online platform for earned wages | $5.7M | 49/100 | |
5th | B9 2018, San Francisco (United States), Seed | Developer of an app-based platform for salary advance loans | $9.3M | 42/100 | |
6th | VIVA Finance 2019, Atlanta (United States), Series A | Online platform for salary-linked loans | $8.5M | 40/100 | |
7th | Clockout 2021, Miami (United States), Seed | Provider of earned wage access solutions for financial institutions | $2.02M | 36/100 | |
8th | Pesachoice 2014, Kigali (Rwanda), Seed | Online platform for payday loans | - | 34/100 | |
9th | Pull 2022, San Francisco (United States), Funding Raised | Online marketplace offering salary advance payday loans for individuals | - | 32/100 | |
10th | Paidly 2020, Rochester (United States), Series A | Student loan benefits for employees | $2M | 28/100 |
Looking for more details on Immediate Solutions's competitors? Click here to see the top ones
Immediate Solutions's Investments and acquisitions
Immediate Solutions has made no investments or acquisitions yet.
News related to Immediate Solutions
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‘Immediate success’ as new law firm hits £130m deal markTheBusinessDesk.com•Aug 21, 2023•Immediate Solutions
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Earned Wage Access Fintech Immediate Closes $16M Round of Growth FundingCrowdfund Insider•Jul 31, 2023•Immediate Solutions,
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Immediate Closes $16M Growth FundingFinSMEs•Jul 25, 2023•Immediate Solutions, , BankSouth, Launchpad Capital and 1 other
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