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Purpose Jobs names the venture-backed fintech startup in its 2023 roundup of top startups
Purpose Jobs, the Midwest’s largest startup and tech community, today announced Pocketnest to its list of Top Startups to Watch 2023.
Startups were selected for Purpose Jobs’ list based on notable company announcements, including fundraising, partnerships, hiring, product development, and expansions. The list covered companies headquartered and hiring in Chicago, Columbus, Cleveland, Cincinnati, and Detroit.
Pocketnest, the female-founded financial wellness platform, recently announced $2.6M capital raise from a round led by Reseda Group. Marking nearly $5M raised to date, the funds will drive product development, sales, and marketing initiatives and support a 24-month runway.
The fintech experienced explosive growth since December 2021:
250 percent growth in new users
100 percent growth in annual recurring revenue
75 percent growth in new clients, with 35 total clients, including MSU Federal Credit Union (MSUFCU), Service Credit Union, Community Financial Credit Union, The Accel Group, TDC Investment Advisory, The Henry Ford, Altruist, Autobooks, and more.
100 percent growth in development team headcount, reaching 20 total employees, with plans to expand the sales and marketing teams in 2023
“We’re excited to keep an eye on these Startups to Watch in 2023,” said Ryan Landau, founder and CEO of Purpose Jobs. “Despite a changing economic environment, there are still amazing stories of growth and success taking place in the world of tech and startups. The founders and teams running these Startups to Watch deserve kudos for all of their incredibly hard work.”
Check out the full list here.
About Purpose Jobs
Purpose Jobs is the Midwest’s largest startup and tech community. It connects top talent with purpose-driven companies based on values, experience, and cultural contribution. Purpose Jobs creates a human-first approach to job matching where employers can access interview-ready candidates. Its placement algorithm and curation team match the right candidates to the right startups.