FundedIQ

Funded Financial Services Startups in Philadelphia

Among the 14 Philadelphia financial-services startups shown, the largest disclosed round is Houwzer’s $100M debt financing on 2022-02-08, which dwarfs the…

Among the 14 Philadelphia financial-services startups shown, the largest disclosed round is Houwzer’s $100M debt financing on 2022-02-08, which dwarfs the next-largest disclosed amount: MD Capital’s $225M Series Unknown on 2025-01-23. Most recently, rounds cluster in the top half of the timeline: 5 of 14 rounds have dates from 2025-06-11 back to 2023-01-23, while the earliest disclosed rounds in this slice include RenoFi’s $14M on 2022-04-04 and Houwzer’s $100M on 2022-02-08.

Stage and disclosure are also uneven. “Series Unknown” appears 4 times (MD Capital 2025-01-23 $225M; Opportunity Finance Network 2023-06-21 $5M; WealthMore 2023-05-16 undisclosed; HashWatt 2022-03-09 $7M). Undisclosed amounts appear twice (Sproutr on 2025-05-15; WealthMore on 2023-05-16), and the smallest disclosed amount is Miren’s $10K grant on 2022-08-01, far below the rest of the disclosed rounds.

Most recent rounds

14 shown

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Frequently asked

What’s the largest disclosed round in this Philadelphia financial-services set, and how does it compare to the rest of the disclosed amounts?

MD Capital’s $225M (Series Unknown) on 2025-01-23 is the largest disclosed amount in the list. It sits well above the next-largest disclosed entry, Houwzer’s $100M debt financing on 2022-02-08, while most other disclosed rounds fall into the low single-digit millions or below (e.g., Asset-Map $6M on 2023-02-07; Zenith Wealth Partners $1M on 2022-10-03).

Are there temporal clusters in the most recent years shown?

Yes. 5 of the 14 rows fall in 2025 alone (from PolicyBound on 2025-06-11 $2M back to MD Capital on 2025-01-23 $225M). Another tight late-2024 to mid-2023 burst appears around Vitable Health (2024-07-19 $16M) and Opportunity Finance Network (2023-06-21 $5M), with multiple 2023 closings in May–July (e.g., WealthMore 2023-05-16 undisclosed; Vitable Health 2024-07-19 $16M is the only 2024 item).

How much of the dataset is “Series Unknown” or has undisclosed funding amounts?

“Series Unknown” appears in 4 rows: MD Capital (2025-01-23 $225M), Opportunity Finance Network (2023-06-21 $5M), WealthMore (2023-05-16 undisclosed), and HashWatt (2022-03-09 $7M). Undisclosed amounts appear twice overall: Sproutr on 2025-05-15 and WealthMore on 2023-05-16, which affects comparisons based on disclosed dollar amounts.

What stage mix dominates among the disclosed rounds?

Early-stage labels recur frequently: Seed is used by PolicyBound (2025-06-11 $2M) and Zenith Wealth Partners (2022-10-03 $1M), while Pre-Seed appears for Sproutr (2025-05-15 undisclosed) and Portabl (2022-09-19 $3M). Mid-to-later rounds include Vitable Health’s Series A ($16M on 2024-07-19) and Asset-Map’s Series B ($6M on 2023-02-07), plus debt financing via Houwzer ($100M on 2022-02-08).

Are there outliers worth flagging, especially in disclosed amounts?

Yes on both ends of the dollar range. Houwzer’s $100M debt financing (2022-02-08) is the largest disclosed amount below MD Capital’s $225M, while Miren’s $10K grant (2022-08-01) is the smallest disclosed amount in the table. At the other extreme, several multi-million rounds are clustered (e.g., Vitable Health $16M on 2024-07-19; RenoFi $14M on 2022-04-04; HashWatt $7M on 2022-03-09), making the $10K grant a clear low-end outlier.

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