Ownwell

Ownwell

Financial wellness platform for money management

About

Ownwell is a financial wellness platform that assists individuals in managing their finances effectively. It offers personalized advice and guidance, along with various tools and resources that empower users to make informed financial decisions. The platform also includes financial education courses and workshops, which help users grasp the fundamentals of money management. What sets Ownwell apart from its competitors is its strong emphasis on financial education, ensuring that users not only receive advice but also learn essential skills for their financial future. The primary goal of Ownwell is to enable people to save, invest, and plan for their financial well-being.

Company Stage

Seed

Employees

51-200

Industries

Fintech, Financial Services

Total Funding

$5.6M

Headquarters

Austin, Texas

Founded

2020


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Simplify's Take

What believers are saying

  • Increased interest in financial literacy boosts demand for Ownwell's educational offerings.
  • AI-driven advisory services enhance Ownwell's personalized financial advice efficiency.
  • Remote work trends increase homeownership, expanding Ownwell's property tax reduction customer base.

What critics are saying

  • Rising interest rates may decrease real estate transactions, reducing demand for Ownwell's services.
  • Increased competition from PropTech startups could dilute Ownwell's market share.
  • Changes in property tax laws could impact Ownwell's ability to deliver savings.

What makes Ownwell unique

  • Ownwell offers unique financial education courses and workshops for better money management.
  • The platform provides personalized advice to optimize property tax savings for homeowners.
  • Ownwell's Bill Reduction Service helps homeowners save on monthly bills, enhancing financial wellness.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-1%

2 year growth

0%

Benefits

Flexible Paid Time Off

Competitive health benefits

Learning support through a $1,000 stipend per year

Parental Leave

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