Allowance

company

About

Allowance is an online market place where college students can complete task based jobs for homeowners to help pay off student loan debt.

  • 1 - 10

Details

Last Funding Type
Non-Equity Assistant
Industries
Apps,Financial Services,Home Services,Location Based Services,Marketplace,Sharing Economy
Founded date
Nov 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

Allowance is a freelance app service that creates an online marketplace connecting working professionals (Patrons) with college students (Students) through the trade of services. With our service, Patrons will post non-licensed/non-contracted jobs and students will have the ability to complete these tasks while being provided an alternative income source by completing these chores posted by the Patron. With a better way to earn money and the utilization of financial technology, Allowance helps students alleviate the financial burden of obtaining a college education.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Allowance has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jun 1, 2015 from a Non-Equity Assistant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 1, 2015 Non-Equity Assistant 1 DCU FinTech Innovation Center Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Allowance is funded by 1 investors. DCU FinTech Innovation Center are the most recent investors.
Investor Name Lead Investor Funding Round
DCU FinTech Innovation Center Yes Non-Equity Assistant