Earned Raises $12M in Funding for its Comprehensive Wealth Management Solution Catering to Physicians
Earned, a comprehensive wealth management solution catering to physicians, has raised $12 million in funding. The funding round was led by Canaan Partners, with participation from existing investors including Bowery Capital, Two Sigma Ventures, and Clocktower Technology Ventures.
Earned was founded in 2018 by David Vivero, who previously co-founded Amino, a healthcare transparency company. The company’s mission is to help physicians build wealth and achieve financial security through a comprehensive wealth management solution that is tailored to their unique needs.
The Earned platform offers a range of financial services, including investment management, tax planning, insurance, and estate planning. The platform is designed to be easy to use and accessible to physicians at all stages of their careers, from residents and fellows to established practitioners.
One of the key features of the Earned platform is its focus on tax-efficient investing. The platform uses a proprietary algorithm to optimize investment portfolios for tax efficiency, which can help physicians save money on taxes and maximize their returns.
Another important feature of the Earned platform is its emphasis on education and guidance. The platform provides physicians with access to a team of financial advisors who can help them navigate complex financial decisions and plan for their future.
Earned has already attracted a significant number of clients, including physicians from some of the top medical institutions in the country. The company plans to use the new funding to expand its team and further develop its platform.
In a statement, David Vivero, CEO of Earned, said: “We are thrilled to have the support of Canaan Partners and our existing investors as we continue to build a comprehensive wealth management solution that is tailored to the unique needs of physicians. Our goal is to help physicians build wealth and achieve financial security so that they can focus on what matters most – providing high-quality care to their patients.”
The healthcare industry is facing significant financial challenges, with many physicians struggling to manage their finances and plan for their future. Earned’s comprehensive wealth management solution is a much-needed resource for physicians who want to build wealth and achieve financial security.
With its focus on tax-efficient investing, education, and guidance, Earned is well-positioned to help physicians navigate the complex world of finance and achieve their financial goals. The company’s recent funding round is a testament to the value of its platform and the potential for growth in the healthcare industry.
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