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Purple Financial

Purple Financial

Private
Raleigh, North CarolinaFinTechhttps://www.withpurple.com/

Last Round

Seed

Jan 1, 2024

Total Funding Raised

$60,000

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Purple Financial is a fintech company that provides a mobile banking platform specifically designed for individuals with disabilities to manage SSI and SSDI benefits.

Sector

FinTech

Verticals

Digital Banking, Personal Finance, Compliance, RegTech

Business Model

B2C

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

neobankdigital bankingdisability benefitsSSISSDIrepresentative payeefintechregtechasset trackingABLE accountcompliance toolschallenger banksocial security administrationSSAfinancial inclusion

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Purple Financial Comparables

Compare Purple Financial with similar companies based on industry and business-model similarity.

Purple Financial comparables — related companies by embedding similarity
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SpendAble
78%
True Link Financial
77%
EverSafe
56%

Purple Financial Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJan 1, 2024
Pre SeedJun 1, 2021

Key People

Founding team and executive leadership

Maximilian Ghazanfar

Co-Founder & CTO

Founding Team

Tej Mehta

CEO

Executive Team

Purple Financial Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 15, 2026

    Grew 100% QoQ, from 3 to 6 employees.

  • Apr 18, 2026

    Monthly visitors grew 102% MoM, reaching 86.2K.

Purple Financial Filings

Explore SEC and related filing metadata, where available.

Purple Financial filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Purple Financial's valuation, stock price, and market status.

Is Purple Financial a public or private company?

Purple Financial is a private company.

What is the current stock price of Purple Financial?

Purple Financial is a private company with no public stock price. Caplight tracks Purple Financial's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is Purple Financial worth (valuation)?

Valuation information for Purple Financial is not publicly available.

Can I buy Purple Financial stock?

Purple Financial shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Purple Financial's last funding round?

Purple Financial's most recent funding round was Seed on January 1, 2024.

Who are the main investors in Purple Financial?

Key investors in Purple Financial include Failup Ventures, LivEdge Capital, National Federation of the Blind, Samaritan Partners, ImpactAssets.

Will Purple Financial IPO soon?

No public IPO plans have been announced for Purple Financial.

How can I track Purple Financial secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Purple Financial's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersRaleigh, North Carolina
Employee Range6
Year FoundedN/A
Last FundingJan 1, 2024

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