Nevly offers a web app, Nevly Money, that leverages advances in financial technology to deliver personalized, data-driven solutions aimed at helping consumers improve credit scores faster and at lower cost than legacy credit repair services. The company targets roughly 48 million Americans with poor credit and uses consumer transaction data to generate an eight-factor composite definition of financial health. Nevly plans to launch a mobile app later this year featuring an AI-powered financial health assistant that scores and dynamically re-scores users’ financial health and delivers personalized in-app insights. The product is positioned as a next step for consumers after their credit scores improve. Nevly was founded in 2021 by Eric Blue and is based in Washington, WA. The company announced a recent funding event to accelerate growth and expand operations.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2023