First Dollar

First Dollar

Infrastructure for health spending benefits. We power benefits that work.

Founded 2019

Austin, United States 25 employees Series A Total: $19.00M Finance, Fintech +2

First Dollar is a finance, fintech, health care, and insurtech startup that provides infrastructure for health spending benefits. Founded in 2019, the company's slogan "Infrastructure for health spending benefits. We power benefits that work," highlights its focus on creating flexible infrastructure for health-related spending benefits. The company, based in Austin, United States, offers innovative solutions that enable partners such as TPAs and banks to utilize their software and APIs to launch and manage pre-tax accounts, lifestyle benefits, rewards programs, and supplemental benefits. Its approach has attracted significant investor interest, with a $14.00M Series A investment announced on 27 January 2022, with participation from Next Coast Ventures, Meridian Street Capital, Fay Rotenberg, Sean Joyce, Brian Gambs, Jonathan Bush, Nick Soman, Marc Weiser, Julia Taylor Cheek, and The Blue Venture Fund. Overall, First Dollar presents an intriguing value proposition at the intersection of finance and healthcare, positioning itself as a key player in the rapidly evolving realm of health spending benefits technology. For more information, visit www.FirstDollar.com.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$14.00M	10	Next Coast Ventures, Meridian Street Capital +8	27 Jan 2022
Seed Round	$5.00M	-		05 May 2020
Angel Round	Undisclosed	-		08 Dec 2019

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$14.00M

Next Coast Ventures, Meridian Street Capital +8

27 Jan 2022

Seed Round

$5.00M

05 May 2020

Angel Round

Undisclosed

08 Dec 2019

FAQ About First Dollar

Infrastructure for health spending benefits. We power benefits that work.

First Dollar was founded in 2019.

First Dollar is headquartered in Austin, United States.

First Dollar operates in Finance, Fintech, Health Care and Insurtech. Its work centres on healthcare savings platform, health spending benefits, technology company and APIs for benefits management. Its customers include Third-Party Administrators (TPAs), Health Plans and Benefits Administrators.

First Dollar has approximately 25 employees.

First Dollar has completed 3 funding rounds, raising a total of $19.00M. The latest funding stage is Series A.

First Dollar offers: Health Wallet Platform, Benefit Suite, Health Wallet Manager, Developer Portal, Embeddable Widgets, API Documentation, Stacked Cards Guide.

Top alternatives and competitors to First Dollar include Flexible Benefit Service LLC (Flex), Neo Financial, Imani Health Wallet, Stebby, Flume Health. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

First Dollar and Flexible Benefit Service LLC (Flex) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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