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Immediate logo — Driving Workforce Engagement with Pay Access

Immediate

Driving Workforce Engagement with Pay Access

Founded 2019 United States Birmingham, United States 36 employees Series Unknown Total: $35.60M Finance, Financial Services +1

General Information

Company Name Immediate
Founded Year 2019
Location United States Birmingham, United States +1
Employees 36
Industries Finance, Financial Services, Fintech
Funding Stage Series Unknown
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About Immediate

Immediate is a finance and fintech startup founded in 2018, headquartered in the United States. The company's slogan, "Delivering responsible on-demand pay to the American workforce," encapsulates its core mission. Immediate helps businesses recruit, engage, and retain employees by offering a financial wellness solution that enables on-demand access to earned wages. This solution integrates with major payroll providers, allowing employees to access their earned wages in real-time through their existing time tracking management software. The recent milestone for Immediate was a significant $16.00M Venture Round investment on 25 July 2023, with backing from prominent investors including Castlecreek launchpad fund, Cynthia Johnson, BankSouth, and Bryan Statham. Immediate's innovative approach addresses the challenges of traditional bi-weekly pay cycles by empowering employees to manage their cash flow more effectively, reducing the reliance on high-interest loans, and fostering financial stability. The company's focus on enhancing the financial well-being of the workforce positions it as a disruptive force in the realm of employee financial management within the financial services industry.

Taxonomy: Employee Retention, Recruitment, Employee Satisfaction, On-demand Pay, Financial Wellness, Payroll Integration, Real-time Wage Access, Consistent Income, Debt Management, Predatory Lending, Workforce Management, Time Tracking Software, Bi-Weekly Pay Cycle

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1 •••• •••• 25 Jul 2023
Venture Round •••••• 4
Investor
•••• •••• 		25 Jul 2023
Debt Financing •••••• - 21 Oct 2022
Seed Round •••••• - 21 Oct 2022
Venture Round •••••• - 16 Mar 2021

Immediate Alternatives & Competitors

Immediate vs
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FAQ About Immediate

Driving Workforce Engagement with Pay Access
Immediate was founded in 2019.
Immediate is headquartered in Birmingham, United States.
Immediate operates in the following industries: Finance, Financial Services, Fintech.
Immediate has approximately 36 employees.
Immediate has completed 5 funding rounds, raising a total of $35.60M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Immediate include The HR Edge, Barley, Kobster E-Shop Private Limited, Heartpace HR, Salary.com. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Immediate and The HR Edge 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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