Hive Wealth is a technology company.
Hive Wealth has raised $600K across 1 funding round.
Hive Wealth has raised $600K in total across 1 funding round.
Hive Wealth has raised $600K in total across 1 funding round.
Hive Wealth's investors include Black Tech Nation Ventures.
Hive Wealth is a fintech company offering a community-first mobile app that acts as a "digital family office" for next-generation savers, leveraging AI to provide personalized financial planning, goal-setting, and peer communities to build wealth and legacies.[1][2][5] Founded to close racial, gender, and generational wealth gaps by 2040-2045, it serves everyday users—professionals, entrepreneurs, gig workers, and executives—through its AI chatbot Bee-AI, which creates customized financial profiles, retirement targets, legacy letters, and monthly check-ins, all accessible via a $54/year subscription on iOS and Android.[1][2][3] The app solves the problem of inaccessible, intimidating financial advice by making it engaging, intuitive, and social, with peer "hives" for benchmarking, analytics, educational videos, and a marketplace for tools like digital wills.[3][5]
Hive Wealth was founded in 2017 by Yvette Sadler Butler, a fintech veteran with three decades of experience innovating at major firms: she served as president of Capital One Investing (pioneering the first big-bank robo-advisor), co-founded Merrill Edge (now managing $350B+ in assets), led investor marketing at E*Trade, and was president of Silicon Valley Bank Private Banking & Wealth Management.[1] Starting as an investment-focused media company, it evolved into a financial chatbot and launched Hive Wealth 3.0 in July 2025 as a comprehensive AI-driven guide for life's financial stages.[1][2] Key milestones include a December 2023 app launch with ChatGPT-powered planning tools and a $3.4M seed round led by Black Tech Nation Ventures, plus ongoing updates like expanded hives and proprietary AI models to drive growth.[3]
Hive Wealth rides the AI democratization wave in fintech, timing perfectly with rising demand for personalized, affordable wealth tools amid economic pressures and wealth inequality—projected to persist, with racial/gender gaps highlighted in research.[1][3] Market forces like mobile-first adoption, generative AI advancements (e.g., ChatGPT integration), and post-pandemic shifts to gig/professional economies favor its model, expanding "hives" to match diverse user titles.[2] It influences the ecosystem by lowering barriers for underrepresented savers, promoting peer-driven financial literacy, and blending community with tech—pioneering "social wealth management" that challenges robo-advisors and traditional firms, much like Butler's past innovations at Capital One and Merrill Edge.[1]
Hive Wealth is poised for scale post-3.0 launch and seed funding, likely expanding its marketplace, AI capabilities, and hives to deepen engagement and monetization while advancing its 2040-2045 wealth gap mission.[2][3] Trends like advanced proprietary AI, regulatory tailwinds for digital planning, and growing Gen-Z/Millennial focus on legacies will propel it, potentially attracting Series A from impact VCs. Its influence may evolve from niche app to mainstream platform, empowering masses with "digital family office" tools and redefining wealth-building as communal—proving aspiration starts with accessible AI and conversation.[1][5]
Hive Wealth has raised $600K across 1 funding round. Most recently, it raised $600K Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $600K Seed | Black Tech Nation Ventures |