This week, GuardianWealth was selected to participate in the MassChallenge 2021 accelerator program. GuardianWealth was one of over 3,000 other startup applications for this year’s program.
“We are thrilled to be part of the MassChallenge accelerator program,” said Ulunma Onokala Izejiobi, GuardianWealth CEO and Founder. “We’re excited to expand our networks by joining this community that wants to leverage technology to change the world.”
By participating in the MassChallenge accelerator, GuardianWealth will receive democratized access to the closed networks that have characterized the startup industry for decades all at zero cost and for zero equity.
GuardianWealth was founded by two Harvard Business School MBA graduates during the pandemic to address the widening racial wealth gap and wealth inequality in the US. The typical white family has 10 times the wealth of the typical Black family and 7 times the wealth of the typical Latinx family.
According to the Pew Research Center, the gap in wealth between upper- income and middle- and lower-income families has been rising over the past several decades.
GuardianWealth leverages AI to make financial planning more accessible to diverse communities. The company has built an all-in-one personal finance app that guides users along their journey to financial wellness. Their customized financial planning tools empower diverse communities to achieve financial freedom.
MassChallenge is the global network for innovators. Headquartered in the United States with seven locations worldwide, MassChallenge equips bold entrepreneurs to disrupt the status quo and to create meaningful change. Since launching in 2009, more than 2,900 MassChallenge alumni have raised $8.6B in funding, generated $3.6B in revenue, and created more than 186,000 total jobs.
Learn more about MassChallenge at masschallenge.org