https://techcrunch.com/2020/06/10/m1-finance-raises-33m-series-b-as-it-reaches-1-45b-aum/

Today M1 Finance, a Chicago-based fintech startup focused on consumer finance, announced that it has closed a $33 million Series B. Left Lane Capital led the round, with participation from Clocktower Technology Ventures and Jump Capital. The firm has raised around $54.5 million to date.

M1 Finance caught TechCrunch’s attention earlier in the year when it crossed the $1 billion assets-under-management (AUM) mark. When TechCrunch learned of its impending Series B, we wanted to know how fast the company was adding to its AUM total, and how its efficiency was faring in the current savings-and-investing fintech boom. So, we found out.