# Albert

> Albert is a Los Angeles-based personal finance app that bundles budgeting, banking, automated savings, investing, cash advances and human-plus-AI financial guidance into a single subscription. Founded in 2015 by Yinon Ravid and Andrzej Baraniak, it pairs software automation with real people - its 'Genius' experts - to help everyday Americans manage money, and has grown to serve tens of millions of users while raising roughly $177M, including a $100M Series C.

- **Founded:** 2015
- **Headquarters:** Los Angeles, California, United States
- **Founders:** Yinon Ravid (Co-Founder & CEO), Andrzej Baraniak (Co-Founder & CTO)
- **Team size:** ~320 employees
- **Products:** Budgeting & Spending Tracking, Automated Savings, Albert Genius, Albert Instant / Cash Advance, Banking (Checking) & Rewards Debit Card
- **Notable:** Raised approximately $177M in total funding across multiple rounds, including a $100M Series C in 2021., Grew to serve tens of millions of users (reported 8M-15M+)., Acquired Openfolio in 2019 to expand investing capabilities.

## Products & services

- **Budgeting & Spending Tracking** — Automatically categorizes spending, tracks bills and income, and surfaces a clear picture of monthly cash flow.
- **Automated Savings** — Analyzes income and spending to move small, safe amounts into savings automatically, so users save without thinking about it.
- **Albert Genius** — Premium tier offering access to real human financial experts ('Geniuses') who answer money questions by text, alongside AI assistance.
- **Albert Instant / Cash Advance** — Cash advances ranging from roughly $25 up to $250 (and higher for established users) with no interest and no late fees to bridge gaps before payday.
- **Banking (Checking) & Rewards Debit Card** — A checking account with a cash-back rewards debit card and early access to direct deposit.
- **Investing** — Guided investing in stocks and ETFs with portfolios tailored to user goals and risk.
- **Identity & Credit Monitoring** — Identity protection and credit-score monitoring bundled into the Genius subscription.

## Achievements

- Raised approximately $177M in total funding across multiple rounds, including a $100M Series C in 2021.
- Grew to serve tens of millions of users (reported 8M-15M+).
- Acquired Openfolio in 2019 to expand investing capabilities.
- Backed by top-tier investors including CapitalG (Alphabet), General Atlantic, and QED Investors.
- Pioneered a model pairing automated money tools with on-demand access to real human financial experts.

## Latest updates

- **2021-01** — Closed a $100M Series C led by General Atlantic, with CapitalG and QED participating, to expand its financial-wellness platform.
- **2024-01** — Expanded its all-in-one offering - budgeting, banking, saving, investing, cash advances and AI-plus-human guidance - under a single subscription.
- **2025-01** — Continued positioning Genius human experts as a differentiator versus AI-only finance apps; cash advances offered with no interest or late fees.

## Links

- Website: https://albert.com
- LinkedIn: https://www.linkedin.com/company/albertapp
- Twitter/X: https://twitter.com/meetalbert
- YouTube: https://www.youtube.com/c/MeetAlbert
- Instagram: https://www.instagram.com/meetalbert/
- Facebook: https://www.facebook.com/albertapp/
- TikTok: https://www.tiktok.com/@meetalbert

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Profile page: https://yespress.io/albert
Published by YesPress — https://yespress.io
Last updated: 2026-06-16