Banking Built for Freelancers
Rootwork Finance · Austin, TX
"Income smoothing, instant invoicing, and tax automation for the gig economy"
About Rootwork Finance
58 million Americans freelance, yet every financial product is designed for salaried workers. Rootwork bridges that gap.
Our platform offers: (1) Income Smoothing — we advance freelancers a consistent "paycheck" even when client payments are late. (2) Auto-Tax — we calculate, set aside, and pay quarterly estimated taxes automatically. (3) Invoice Pay — clients can pay invoices via Rootwork, and we advance 80% instantly. (4) Gig Credit — we build a credit score from verified gig income so freelancers can qualify for loans and apartments.
We have 11,200 active accounts, $3.8M in annualized transaction volume, and are licensed as an MSB in 38 states. Revenue comes from interchange fees and a $12/month premium subscription.
This round funds expansion of our lending product and our Series A prep.
Key Metrics
Use of Funds
Funding Progress
26% funded
Not FDIC insured · Investing involves risk · Disclosures