Empower is an award-winning mobile app that makes managing your money the easiest thing in the world.

Empower offers an AI-powered consumer banking experience that's instantly accessible to anyone.

Empower was founded in 2016 by Warren Hogarth and Justin Ammerlaan. The company is headquartered in San Francisco, California.


Empower's mission is to democratize access to financial knowledge and improved financial outcomes by combining personalized mentorship, AI, and rewards checking in a seamless mobile experience.


Empower's instantaneous digital intelligence is complemented by human coaching to guide customers through more difficult or unique financial challenges Millennials face, including planning for retirement while managing student loan debt.


Empower is backed by Sequoia Capital, Initialized Capital, Icon Ventures, Defy Ventures, and David Velez, Founder and CEO of Nubank and others. The company raised $20M in a Series A round on Mar 05, 2020. This brings Empower's total funding to $24.5M to date.



  • Year founded: 2016
  • Funding Info: $24.5M over 3 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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