Immediate provides on-demand payment solutions that allow employees to access their earned wages seamlessly.
joinimmediate.comUSFintech
5 sources · checked 1 time, last 40d ago
Sources agree on the Series B, amount, lead investor, and other investors. TipRanks lists the funding date as Sep 03, 2026, but the more specific dated funding article states September 2, 2026, which is used here.
1 source
The source states that SouthPoint Bank provided the expanded working capital credit facility, so it is excluded from this round's investor list. The source otherwise supports the stated amount, stage, date, lead investor, and participating investors.
Publication audit: $16 million is includes debt, not this round's money: "These funds, split between growth equity and a working capital facility, will enable Immediate to accelerate its growth trajectory in the workplace financial health sector." (https://www.prnewswire.com/news-releases/immediate-closes-a-16-million-round-of-growth-funding-301884676.html)
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The release states that Alabama Capital Network and several angel investors committed to the seed round, but does not call Alabama Capital Network a lead; the unnamed angel investors cannot be listed individually. The release gives the amount only as “seven-figure.”
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series B | $13M | 2026-09-02 | BankTech Ventures | No recent discussion |
5 sources · checked 1 time, last 40d ago [ VERIFIED ] read against 5 sources Sources agree on the Series B, amount, lead investor, and other investors. TipRanks lists the funding date as Sep 03, 2026, but the more specific dated funding article states September 2, 2026, which is used here. | ||||
Immediate helps employers and financial institutions give workers access to wages they have already earned before payday through earned-wage-access and related payment tools.
Immediate targets the gap between when hourly workers earn wages and when biweekly payroll arrives, positioning earned-wage access as a way to reduce financial stress and reliance on predatory payday debt while helping employers recruit and retain staff. Its latest $13 million Series B, alongside a platform supporting more than 625 employers nationwide, funds expansion from employer-sponsored EWA into embedded liquidity for banks and credit unions.
Checked against 10 sources on Sep 24
| Growth [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $16M financing total | 2023-07-25 | Castle Creek Launchpad | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
The source states that SouthPoint Bank provided the expanded working capital credit facility, so it is excluded from this round's investor list. The source otherwise supports the stated amount, stage, date, lead investor, and participating investors. Publication audit: $16 million is includes debt, not this round's money: "These funds, split between growth equity and a working capital facility, will enable Immediate to accelerate its growth trajectory in the workplace financial health sector." (https://www.prnewswire.com/news-releases/immediate-closes-a-16-million-round-of-growth-funding-301884676.html) [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Seed [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | n/a | 2020-02-18 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The release states that Alabama Capital Network and several angel investors committed to the seed round, but does not call Alabama Capital Network a lead; the unnamed angel investors cannot be listed individually. The release gives the amount only as “seven-figure.” [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: Alabama Launchpad, Rockledge Capital