Welcome Tech operates a digital platform built for immigrants, offering access to healthcare, jobs, education and financial tools. The company serves both immigrant community members and enterprise partners, enabling inclusive economic participation and helping employers recruit, retain and serve a diverse workforce. It reports over 4.5 million registered members and a growing base of enterprise partners. Led by CEO Amir Hemmat, Welcome Tech plans to accelerate development of its proprietary AI infrastructure and expand its workforce engagement platform. The company raised new capital to fund product and platform growth and scale its services to employers and immigrant users. Its headquarters are in Los Angeles, California. Welcome Tech offers a suite of products for immigrants, including a bilingual mobile app, a debit card/digital wallet, educational content (SABEResPODER), a Rewards Center, FarmaSEP prescription savings and PODERSeguros auto insurance assistance. The company says it is approaching 4 million registered and active users, surpassed about 1 million app downloads, and has opened more than 500,000 fee-free bilingual bank accounts. From March 2021 to March 2022, wallet growth increased 2,200% and digital-wallet revenue rose 2,800%; its subscription service (launched January 2021) saw 50% quarter-over-quarter growth between Q1 2021 and Q1 2022. Welcome Tech relies on both digital and offline user acquisition channels, including partnerships with embassies and consulates, and emphasizes education-first trust building to lower acquisition costs. The company is not yet profitable and has expanded its team from 20 to 80 employees since its last raise; the board and staff report substantial ethnic diversity. Leadership says the raise will fuel steps toward building a full "operating system" for immigrants and eventual expansion beyond the U.S. Welcome Tech has built a bilingual digital platform, SABEResPODER, that provides educational resources, information and services targeted initially at the U.S. Hispanic community. The company launched a banking service (including a debit card and bilingual mobile app) six months prior to the article and in January introduced a $10/month subscription that offers discounted healthcare resources and free televisits. Welcome emphasizes earning community trust and gathering data before rolling out financial products, positioning financial services as its beachhead. Its platform is approaching 3 million active users, according to CEO Amir Hemmat. Founders Amir Hemmat and Raul Lomeli-Azoubel say the company aims to be a “digital Ellis Island” and plans to use new capital to build partnerships and increase awareness. Welcome operates out of Los Angeles with an office in San Antonio, Texas. Welcome Technologies is a Los Angeles‑based certified B‑corporation providing a platform that connects the global immigrant community to information, products, and services. The company leverages data from distribution channels that reach over 9 million immigrants a year and has built AI-powered products across affordable healthcare, micro-loans, educational resources, and more. Welcome reports a membership of nearly 2 million immigrants and uses that scale to deliver services and insights. Led by Chairman Raul Lomeli-Azoubel and CEO Amir Hemmat, the company recently strengthened its management team with hires including Joe Munoz, Christopher Gulczynski, Rene Garcia, and Gavin Hewitt. It closed an $8M Series A and intends to use the proceeds to expand its digital offerings and build an operating system for immigration. Welcome focuses on combining platform distribution, data, and AI to improve immigrant outcomes and product reach.

Total raised

$81M

Funding rounds

4

Latest round

Equity

Latest activity

Aug 2025