Power Financial Wellness, Inc.
Other Technology · Grosse Pointe Farms, Michigan
Power Financial Wellness, Inc. is a other technology company based in Grosse Pointe Farms, Michigan, incorporated in 2020. It has reported $3.0 million raised across 1 Form D filing with the SEC, most recently in 2022.
Power helps employers offer salary advances, savings, loans and insurance through payroll. Workplace banking for Kenya, Uganda, Rwanda and Zambia.
| Date | Round | Amount | Raised to date | Lead investor | Source |
|---|---|---|---|---|---|
| 2022-12-20 | Seed | $3.0M | $3.0M | DOB Equity | SEC Form D |
SEC rows are Form D filings, where the amount is what was actually sold and amendments update a round rather than adding one. Press rows are split between company-issued releases or wires and editorial or third-party coverage. The total is therefore a floor: a round nobody reported is a round we cannot see. A buyout or control change appears in the timeline but is never added to the total: that money goes to shareholders, not into the company.
Form D is the notice a company files with the SEC when it sells securities without registering them. It reports the amount sold, not a valuation. Figures here are what the filing says. Where a filing is silent, the field is left blank rather than estimated. “Total raised” adds press-reported rounds that never appear in a filing, so it is a floor rather than an audited sum: press amounts are the figures the company announced, and a round nobody reported is a round we cannot see.