Sunny Day Fund ☀️ logo — Workplace emergency savings & financial wellness that measur...

Sunny Day Fund ☀️

Workplace emergency savings & financial wellness that measurably improves retention, productivity, & retirement metrics.

Founded 2019 United States Arlington, United States 20 employees Grant Total: $2.52M Enterprise Software, Financial Services +1

General Information

Company Name Sunny Day Fund ☀️
Founded Year 2019
Location United States Arlington, United States
Employees 20
Industries Enterprise Software, Financial Services, Human Resources
Funding Stage Grant
Social

BounceWatch is an independent company data service, not affiliated with Sunny Day Fund ☀️. To contact Sunny Day Fund ☀️, visit sunnydayfund.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Sunny Day Fund ☀️ compare?

A PDF of Sunny Day Fund ☀️ and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Sunny Day Fund ☀️ soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Sunny Day Fund ☀️

Sunny Day Fund ☀️ is a payroll-deducted emergency savings platform driving better retention, fewer retirement loans & withdrawals, and more. Founded in 2019 and headquartered in the United States, it offers the leading financial wellness platform that automates and incentivizes workplace emergency savings. With the prediction that 40-60% of all employers will offer emergency savings accounts as a benefit by 2026, driven by Secure Act 2.0, the company is strategically positioned to capitalize on this market trend. The initiative has gained momentum due to growing 401(k) loans and hardship withdrawals, leading to continued financial vulnerability, and employers have noted remarkable results. Employers offering the Sunny Day Fund benefit have seen a ~10x take-up rate compared to a basic financial literacy application, ~25% higher retention within participants, and half as many 401(k) loans and early withdrawals. This not only benefits the employers but also empowers younger or low and middle-income workers who struggle to handle unexpected expenses, aligning with the Diversity, Equity, and Inclusion (DEI) priorities. The recent grant investment at 27 February 2024 from the Center for Accelerating Financial Equity (CAFE) underscores the growing confidence in Sunny Day Fund's mission. The company holds a Certified MBE status and boasts a SOC 2 Type II certification without qualifications. With features in SHRM, Wall Street Journal, and New York Times, Sunny Day Fund is set to continue making a meaningful impact on financial wellness in the workplace. Learn more at www.sunnydayfund.com.

Business keywords: financial wellness platform, payroll-deducted savings, emergency savings accounts, Secure Act 2.0, 401(k) loans, financial vulnerability, retention, workplace benefits, DEI priority, Certified MBE, SOC 2 Type II certification, employee financial wellness, workforce diversity, financial literacy, retirement savings

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 1
Center for Accelerating Financial Equity (CAFE)
27 Feb 2024
Seed Round Undisclosed 1
VIPC’s Virginia Venture Partners
01 May 2023
Pre Seed Round Undisclosed 1
Financial Health Network
03 May 2022
Non Equity Assistance Undisclosed 1
MassChallenge
14 Jan 2022
Seed Round $2.50M 2
CMFG Ventures Discovery Fund, CAV Angels
01 Aug 2021
Pre Seed Round $20.00K 1
Techstars
19 Jul 2021
Grant Undisclosed 1
Lighthouse Labs RVA
01 Aug 2020

Sunny Day Fund ☀️ Alternatives & Competitors

Sunny Day Fund ☀️ vs
Salary Finance
Salary Finance United Kingdom

We partner with employers to offer benefits that help employees in the UK become financially healthi...

158 employees
Finance, Financial Services

FAQ About Sunny Day Fund ☀️

Workplace emergency savings & financial wellness that measurably improves retention, productivity, & retirement metrics.
Sunny Day Fund ☀️ was founded in 2019.
Sunny Day Fund ☀️ is headquartered in Arlington, United States.
Sunny Day Fund ☀️ operates in Enterprise Software, Financial Services and Human Resources. Its work centres on financial wellness platform, payroll-deducted savings, emergency savings accounts and Secure Act 2.0.
Sunny Day Fund ☀️ has approximately 20 employees.
Sunny Day Fund ☀️ has completed 7 funding rounds, raising a total of $2.52M. The latest funding stage is Grant.
Top alternatives and competitors to Sunny Day Fund ☀️ include Salary Finance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sunny Day Fund ☀️ and Salary Finance 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.

Source: BounceWatch company record for Sunny Day Fund ☀️, https://bouncewatch.com/company/sunny-day-fund, updated 30 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Book a demo 30 minutes