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Harness Wealth

Equity focused tax and financial advisor marketplace

21-100 employees
  • B2C
  • Banking
  • Marketplace
  • Personal finance
  • Financial Services
New York, NY 10003, US

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Company mission

Harness Wealth’s mission is to provide the next generation of builders confidence in their best financial future.

Female leader
Top investors

70% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Owning and liquidating equity can be a game-changer for business owners and individuals, but it is also complex, and effective financial advice on the topic can be hard to come by. Harness Wealth solves this problem by acting as a matchmaker between investors and advisors.

The company sets itself apart by catering specifically to younger clients whose financial situations have become more complex, and who don't have connections with financial service providers. Harness allows these clients to meet a range of advisors, ranging from independent RIAs to big-name firms such as First Republic Bank.

Part of Harness's appeal is that clients do not need to pay for the service. Instead, the company takes a cut from the revenue they bring to advisors. Harness intends to invest a 2021, $15 million Series A in developing its products, including its own captive business line, Harness Tax.

Benefits

  • Health, dental, and vision insurance 100% paid for by the company
  • One Medical Group membership
  • Cash-free equity program
  • 401(k)
  • HSA and FSA
  • Tax service discounts via Harness Tax
  • Commuter benefits
  • Discounted gym and fitness class memberships
  • Open, unlimited vacation policy

Company values

  • Lead by making others better
  • Care enough to have honest interactions
  • Value diversity in our team and partners to reflect the diverse future of wealth
  • Build trust at every client interaction
  • Provide clarity over simplicity, given that wealth is not simple
  • Empower people to make and be accountable for decisions
  • Fail fast, reflect, and evolve. Constantly
  • Take ownership. No job is too small or outside our job description

Funding (last 2 of 4 rounds)

Mar 2024

$17m

SERIES A

Jun 2021

$15m

SERIES A

$40m

Total funding

This company has top investors

Founders

David Snider

(CEO)

Previously worked as an Associate at Bain Capital, and served as COO of Compass.

Catherine Prentke English

(CMO)

Previously worked as Director of UK Acquisition at American Express. Also worked as CMO of Nutmeg.