Canary develops an emergency relief fund platform. Its product Grant Circle offers proprietary tools to connect employees to the right money at the right time. Its platform offers a social safety net to ensure that in times of financial need, individuals can access emergency funding, helping organizations improve the impact of established emergency relief funds. The company was founded in 2019 and is based in New York, New York.
Expert Collections containing Canary
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Latest Canary News
Jan 17, 2023
Canary , a NYC-based emergency relief fund solution that makes it easy for employers to raise and distribute tax-advantaged payments for workers experiencing financial hardships, raised $2.85m in funding. Backers included Capital One Ventures and other current investors. Led by Rachel Schneider, Co-Founder & CEO, Canary works with organizations across various industries to make employee relief funds available to their employees when they need it most. Their grant-making platform, Grant Circle, enables employees to receive grant money when they experience an unexpected, unavoidable emergency that causes financial hardship. Most often, these hardships impact an individual’s ability to afford basic living expenses, like mortgage or rent, utilities, and food. To date, Canary has partnered with organizations such as Visionworks, Clear Channel Outdoor, Harvard Business Publishing, and others to offer access to emergency grants and distribute money to employees in acute financial distress. FinSMEs
Canary Frequently Asked Questions (FAQ)
When was Canary founded?
Canary was founded in 2019.
Where is Canary's headquarters?
Canary's headquarters is located at 5 Union Square West Number 10, New York.
What is Canary's latest funding round?
Canary's latest funding round is Seed VC - II.
How much did Canary raise?
Canary raised a total of $4.35M.
Who are the investors of Canary?
Investors of Canary include Capital One Ventures, InsurTech NY, Financial Solutions Lab, Sorenson Impact Foundation, Propel Capital and 7 more.