Dave: Funding, Investors & Team (Oct 2026)
Dave is revolutionizing the banking sector by offering innovative financial solutions. Their range of products includes fee-free banking, up to $250 in overdraft protection, credit improvement opportunities, and access to additional job opportunities. These products are making a positive impact on the financial well-being of Dave's members. In less than four years, Dave has become one of the fastest growing financial apps ever, attracting over 12 million users. Like the tale of David and Goliath, Dave is challenging the dominance of big banks and assisting its 12 million customers with budgeting, finding employment, building credit, and acquiring income to cover immediate expenses. Dave aims to be the reliable confidant that individuals rely on for immediate financial assistance or guidance, much like a close friend or family member.
Dave has raised $150M across 2 funding rounds on record, the most recent an undisclosed round of $50.0M announced in Sep 2023.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Dave Company Profile and Key Stats
Latest funding round on record: Sep 2023.
Dave Funding Rounds
Dave raised $100M in a Convertible Note announced in Mar 2022.
1.5 years later, an undisclosed round of $50.0M was announced in Sep 2023.
Dave Founders and Leadership Team
Contact details for the Dave team: 1 of 1 has an email address on file.
Start 14-day free trial →Dave Funding Compared to Other Financial Services Startups
Dave's latest round of $50.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Dave Funding FAQs
What does Dave do?
Dave is revolutionizing the banking sector by offering innovative financial solutions. Their range of products includes fee-free banking, up to $250 in overdraft protection, credit improvement opportunities, and access to additional job opportunities. These products are making a positive impact on the financial well-being of Dave's members. In less than four years, Dave has become one of the fastest growing financial apps ever, attracting over 12 million users. Like the tale of David and Goliath, Dave is challenging the dominance of big banks and assisting its 12 million customers with budgeting, finding employment, building credit, and acquiring income to cover immediate expenses. Dave aims to be the reliable confidant that individuals rely on for immediate financial assistance or guidance, much like a close friend or family member.
How much funding has Dave raised?
Dave has raised $150M across 2 rounds on record. The most recent is an undisclosed round of $50.0M announced in Sep 2023.
When did Dave last raise funding?
Dave's most recent funding round on record is an undisclosed round of $50.0M, announced in Sep 2023.
Who is the CEO of Dave?
Jason Wilk is listed as CEO at Dave.
Where is Dave headquartered?
Dave is based in Los Angeles, California, United States.
How many employees does Dave have?
Dave is in the 251-500 employee band.
How does Dave's funding compare to other Financial Services startups?
Dave's latest round of $50.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's Dave Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Dave is left off this page rather than filled in.
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