Hello Alice is a technology company.
Hello Alice has raised $22.1M across 3 funding rounds.
Hello Alice has raised $22.1M in total across 3 funding rounds.
Hello Alice is a financial technology company founded in 2017 that operates a free, multichannel platform empowering over 1.5 million small business owners, particularly from underrepresented groups like women, people of color, and veterans, by connecting them to capital (credit, loans, grants), resources, community support, and business health tools.[1][2][5] The platform uses machine-driven technology to match entrepreneurs with funding opportunities, track business health scores, and foster a collaborative network, generating $16.4 million in revenue while aiming for profitability and serving as a Latina-owned business focused on the "New Majority" of diverse founders.[1][2][3] It solves key barriers to small business success—such as unequal access to funding and lack of tailored guidance—by providing personalized growth plans, grants (nearly $40 million deployed), credit-building tools, and lending marketplaces from community development financial institutions (CDFIs).[1][4][6]
Hello Alice emerged from the experiences of co-founders Carolyn Rodz and Elizabeth Gore, both second-time moms bootstrapping the company in 2016 while navigating early motherhood and entrepreneurship challenges.[1] Rodz, with a background scaling and selling marketing analytics firm Cake (an early data analytics provider for enterprises) and launching luxury retail brand Signatures sold in stores like Neiman Marcus, identified inequities in resource access for women and marginalized entrepreneurs during her prior venture, Circular Board, which hosted the world's first "Pitch With Purpose" competition.[6] The idea started as a napkin sketch to address lack of awareness about funding and networks; an early break came via a Michael Dell-backed lab in San Francisco, requiring the Houston-based duo to build costly data infrastructure despite logistical hurdles.[1][6] Pivotal moments included rapid growth to 1 million users ahead of projections (now 1.5 million+), headquarters in Houston (with some listings noting Alice, Texas), and partnerships with giants like Intuit QuickBooks, Wells Fargo, and Progressive Insurance.[1][2][5]
Hello Alice rides the fintech democratization wave, addressing systemic gaps in small business funding amid rising entrepreneurship among diverse groups post-COVID, where tools like its grants enabled adaptations such as online sales for stores like EyeSeeMe.[3][5] Timing aligns with market forces favoring inclusive capital access—U.S. small businesses drive 44% of GDP but face funding disparities—amplified by partnerships with insurers and banks, plus community events like the Good Soil Forum for local economic sustainability.[1][5] It influences the ecosystem by aggregating data on 1.5 million+ owners to inform trends, enhance partner revenues, and push for profitable, scalable models rivaling small banks (valued over $100 million).[1][2]
Hello Alice is poised to hit 2 million users and profitability soon, expanding its capital continuum with AI-enhanced health scores, more CDFI lending, and tech integrations for cash flow and operations.[1][5] Trends like AI-driven advisory, community-led funding, and post-pandemic small business resilience will shape growth, potentially evolving its influence through deeper enterprise alliances and pre-IPO scaling. As a pioneer turning napkin sketches into a powerhouse for overlooked entrepreneurs, it exemplifies tech's power to build equitable business paths.
Hello Alice has raised $22.1M in total across 3 funding rounds.
Hello Alice's investors include Alumni Ventures, QED Investors, Serena Ventures, Shatter Fund, Signia Venture Partners, Jean Case, Andreessen Horowitz, Arrive, Bascom Ventures, CRV, G20 Ventures, GFT Ventures.
Hello Alice has raised $22.1M across 3 funding rounds. Most recently, it raised $21.0M Series B in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $21.0M Series B | Alumni Ventures, QED Investors, Serena Ventures, Shatter Fund, Signia Venture Partners, Jean Case | |
| Dec 1, 2019 | $150K Venture Round | Alumni Ventures, Andreessen Horowitz, Arrive, Bascom Ventures, CRV, G20 Ventures, GFT Ventures, Menlo Ventures, NextView Ventures, Owl Ventures, RRE Ventures, Scrum Ventures, Serena Ventures, Seven Seven Six, Skyriver Ventures, Sound Ventures, Spero Ventures, TQ Ventures, Webb Investment Network, Y Combinator, Eric Ries, Farzad Nazem, Kamiar Kordari, Michael Abramson, Osama Bedier, Sam Altman, Tony Xu, Varsha Rao | |
| Sep 1, 2017 | $1.0M Seed | Alumni Ventures, Investus Capital Partners, QED Investors, Serena Ventures, Shatter Fund, Signia Venture Partners |