Stash, a financial wellness platform, has successfully raised $146 million in Series H funding led by Goodwater Capital, aimed at enhancing its AI-driven financial guidance.

The platform has recorded 2.2 million user interactions through its Money Coach AI, with 25% of users taking positive financial actions shortly after engagement, demonstrating its effectiveness.

Co-founders Brandon Krieg and Ed Robinson are steering the company's growth, achieving profitability with 1.3 million paying subscribers and managing $4.3 billion in assets.

Stash targets everyday Americans, particularly those underserved by traditional financial institutions, focusing on long-term investing and overall financial wellness.

By addressing the needs of the 100 million Americans traditionally overlooked by the financial industry, Stash differentiates itself in the fintech space.

As Stash celebrates its 10-year anniversary, it reflects on its mission to help millions overcome financial barriers and build long-term wealth.

The platform offers subscription plans starting at $3 per month, which include features like the Stock-Back Debit Card that allows users to earn stock rewards.

Despite a challenging environment for fintech valuations, investor confidence in Stash's business model remains strong, as evidenced by participation from existing investors in the latest funding round.

The new funding will enable Stash to expand its investment offerings and educational resources, providing access to over 3,000 stocks and ETFs.

Co-CEO Ed Robinson emphasized the company's commitment to transforming savings, investment, and wealth-building through innovative AI technology.

Stash's combination of automated investing tools and AI-powered guidance positions it uniquely in a competitive wealth management market.

Users have saved over $4.5 billion through Stash's automated savings features, with 84% reporting improved financial confidence.