Fintech | New York

Lili Closes $15 Million Series A Funding to Meet Demand for its Freelance Worker Banking App

Lili, the all-in-one freelance workers banking app, closed a $15 million Series A funding round led by Group 11, with Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, and Zeev Ventures participating. Following a seed round in June, the company raised a total of $25 million. Funds will be used to meet demand for its app as the American workforce increasingly turns to freelancing during COVID-19. [Full story]