Onward provides an expense tracking platform that enables divorced and separated parents to manage and document shared child-related expenses through a user-friendly app. The platform facilitates real-time expense logging, reimbursement tracking, and streamlined communication, reducing financial disputes and enhancing transparency in co-parenting arrangements.
Funding
$12.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Divorced or separated parents often face challenges in managing and tracking shared child-related expenses, leading to financial disputes and a lack of transparency. Coordinating expense documentation, reimbursement requests, and payment tracking can be cumbersome and time-consuming, creating friction in co-parenting arrangements.
Solution
Onward provided a platform designed to streamline the management of shared child-related expenses for divorced or separated parents. The mobile application facilitated real-time expense logging, categorization, and documentation, allowing both parents to maintain a clear record of spending. Automated reimbursement requests and payment tracking features simplified the process of settling expenses, while integrated communication tools enabled parents to discuss and resolve financial matters within the app. By centralizing expense management and communication, Onward aimed to reduce financial stress and promote transparency in co-parenting.
Target Audience
The primary users were divorced or separated parents seeking a streamlined and transparent solution for managing shared child-related expenses.
Features
- Real-time expense logging with categorization and documentation capabilities
- Automated reimbursement requests and payment tracking
- Integrated communication tools for discussing and resolving financial matters
- Expense tracking by child, by month, and by category
- Mobile application for convenient access and on-the-go management