Accrue Savings

Accrue Savings is a one-of-a-kind shopping experience that gives you cash rewards when you save for your purchases.

Accrue provides access to an FDIC account which ties to a specific purchase that helps consumers save for the product or service they love and want while earning cash rewards from their favorite brands.

Accrue Savings was founded in 2021 by Michael Hershfield. The company is headquartered in New York, NY.


Accrue Savings is an account tied to a specific purchase that helps you save for the things you love without debt, interest, or late fees.


Accrue Savings allow customers to save for anything from products to services to travel, on their own terms, while brands encourage their savings efforts with cash rewards along the way.


Accrue Savings is empowering inaugural brands including Casper, Candid, and Camp to offer cash rewards that incentivize customers to save for purchases.


Accrue Savings is backed by Tiger Global, Aglaé Ventures, Maple VC, Twelve Below, Ground Up Ventures, Red Sea Ventures, Good Friends, and others. The company raised $25M in Series A round on Jan 14, 2022. This brings Acrue's total funding to $29.7M to date.



  • Year founded: 2021
  • Funding Info: $29.7M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: New York City
  • State: New York
  • Country: United States
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