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Aspiration history
Aspiration company history timeline
A lawyer and former speechwriter for Vice President Al Gore, Cherny cofounded Aspiration with entrepreneur Joe Sanberg in 2013 and picked up investments from venture capital firms like AGO Partners and Alpha Edison, in addition to celebrities Robert Downey Jr., Leonardo DiCaprio and Orlando Bloom.
Co-founded in 2014 by Cherny, a former Democratic speechwriter for Al Gore, Aspiration provides “fossil-fuel free deposits” and gives 10% of what it earns to charities.
Fintech start-ups took in a record $39.57 billion from global investors last year, more than double the 2017 figure, according to CB Insights.
According to PitchBook, a record 66 fintech companies have already gone public this year across the globe, beating out the previous record of 46 set in 2018 and matched last year.
It was named to the Forbes Fintech 50 for the first time this year. Its customers have more than doubled to five million over the past year, and the company says revenues are on track to grow seven-fold in 2021 to more than $100 million.
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