Los Angeles has always been a city of arrivals, but too often the arrivals came with no guidebook, no compass, and no seat at the table. Welcome Tech decided that wasn’t acceptable. They built a platform that speaks the languages, understands the struggles, and connects immigrant households with jobs, healthcare, education, and financial tools under one roof. This isn’t some side hustle solution. It’s scale. Over 4.5M registered members, spanning all 50 states, making Welcome Tech the largest digital platform for immigrant households in the United States. That’s not a niche, it’s infrastructure for a $100B market hiding in plain sight.
The spotlight today is on their new $7.5M Series C raise, backed by TTV Capital, Mubadala Capital, Westbound Equity Partners, CityRock Ventures Partners, Next Legacy Partners, and BTN Ventures. That brings total funding to $102.5M, building on a $35M Series B in 2021 led by TTV Capital, Owl Ventures, and SoftBank’s Opportunity Fund, followed by a $30M round in 2022. Not bad for a company that started in 2005 with SABEResPODER, a project built on the phrase “knowledge is power,” which has since scaled into a full-stack digital lifeline for communities too often overlooked.
The leadership deserves its credit. Co-Founder and CEO Amir Hemmat brings deep experience in fintech and immigrant services, while Co-Founder Raul Lomeli-Azoubel, Chairman and Chief Community Officer, ensures the mission never drifts from its roots. Chief Technology Officer Charles Zivko, VP of Networks Oscar Gamez, and SVP of Cards and Compliance Yvette Drake round out a team that knows this space inside and out.
Performance makes the case clearer than any pitch. Subscription revenue is up 200% year over year. Enterprise partnerships have tripled in the last year. Digital wallet services jumped 2200%, with over a million downloads proving demand doesn’t need hype, it needs access. And with SOC2 Type II compliance and financial-grade security, this isn’t a startup crossing its fingers. It’s a platform built to handle weight.
The fresh capital fuels what comes next. Enhanced AI infrastructure to sharpen onboarding and personalization. Localized versions in Spanish, Mandarin, and Tagalog. New credit-building financial products. Skills training courses. Expansion into industries like hospitality, construction, and logistics where immigrant labor is the spine of the economy.
Welcome Tech isn’t just welcoming people to a platform. They’re welcoming them into financial systems, healthcare networks, and jobs that value their skills. That’s not charity. That’s smart business, backed by serious investors, and aimed at the future of the American workforce, multilingual, multicultural, and powered by platforms that see reality as it is, not as it was.
