SANTA MONICA, Calif. January 16, 2018
Shuttle Finance, a financial service that is mutually beneficial for employees and employers alike, today announces that it has joined Science Inc., the disruptive media, marketing and brand building company that creates, invests, acquires and scales successful digital businesses, as its newest portfolio company. Shuttle provides employees a simple way to set financial goals and automatically save while offering employers a benefit that creates a happier and more productive work environment.
Nearly 30% of Americans are borrowing against their 401(k), and 6 in 10 Americans don't have $500 in savings. Shuttle was created with this in mind, offering a solution that makes it easy for employees to create personalized goals and empowers them to save.
Shuttle lets employers create a customized Savings Assistance plan where employees create either custom savings goals or pre-selected goals chosen by their employer. These goals range from creating an emergency fund to saving for physical wellness — and almost everything else in between. Employees then set up automated ways to save, including the Round Ups feature, which ties savings to spending. Their employer can also opt-in to help employees reach specific goals, thereby creating a relevant personal bond.
“We're excited to be working with Science Inc.and their super smart team. They’ve built huge businesses in the past and leveraging their knowledge and network will help Shuttle crack this new market opportunity,,” said Brendon McQueen, Co-Founder & CEO of Shuttle Finance. “Science has seasoned experience in using technology to create simplified customer experiences and with Shuttle, we are driving change for employers to look for new and better ways to benefit employees.”
“Shuttle introduces a simple way to create realistic financial solutions that benefit both employers and employees,” said Mike Jones, Co-Founder & CEO of Science Inc. “It helps employers provide the tools employees need to seamlessly navigate their financial benefits and creates a stronger, more meaningful relationship between employers and employees. We’re thrilled to have them join the Science team.”
Shuttle Finance is headquartered in Santa Monica, California. To learn more visit https://www.shuttlefinance.com.
About Shuttle Finance
Headquartered in Santa Monica, CA, Shuttle Finance is co-founded by Brendon McQueen, Nick Roberts and Alex Tamoykin. Mr. McQueen previously founded and led Tuition.io, a market leader in student loan employee benefits. Mr. Roberts previously served as launch CMO of savings App Acorns and led marketing at Experian. Mr. Tamoykin previously served as Head of Mobile for Victorious and Head of Engineering for AwesomenessTV. For more information, visit https://www.shuttlefinance.com.
About Science Inc.
Science Inc. is the disruptive media, marketing and brand building company that creates, invests, acquires and scales successful digital businesses. Science brings together the best ideas, talent, resources and financing through a centralized platform. The platform is leveraged to develop new businesses, provide emerging startups with operational strategy and capital and transform later-stage Internet ventures with new talent and innovation. The company has co-founded and invested in more than 70 companies, including Dollar Shave Club, DogVacay, HelloSociety, FameBit, Earny, Pray and Mammoth, the media company that reaches 30% of U.S. teens every month through social broadcasting and App Store top 100 apps like Wishbone and Yarn. The company most recently launched Science Blockchain, its incubator focused on blockchain-based companies. Science Inc.’s investors include top venture capital firms such as Tomorrow Ventures, founded by Google’s Eric Schmidt, and Hearst Ventures. For more information, visit http://www.science-inc.com.
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