In 2022, Hussein Fazal flew 200 of his employees to Las Vegas to cash a $200 check at a payday loan shop. He then asked them to buy a week of groceries for a family on what was left so they could understand their customers’ experience. His company, Super.com was worth approximately $700 million at the time.
Super.com, is now a $1.2 billion company with around 300 employees. The Toronto-founded savings app for everyday Americans, raised $65 million Series D led by TPG, Fortune learned exclusively. The raise comes as the company surpasses $200 million in net revenue, grew over 50% year-over-year, and turned profitable.