“ FOR AN EARLY-STAGE STARTUP, SPEED IS EVERYTHING AND WVCAP DELIVERED THAT. BUT BEYOND THE CAPITAL, WHAT SET WVCAP APART WAS THE GENUINE BELIEF IN WEST VIRGINIA FOUNDERS.”
SPECIAL ADVERTISING SECTION
“ We wouldn’ t be where we are today without that capital at exactly the right moment,” Wimer says.
The combination of the new engineering capacity and the streamlined marketing push catapulted Milo’ s user base. Today, more than 30,000 people across the nation have downloaded Milo to take control of their finances.
“ Traditional investors and lenders operate on their own timelines— but WVCAP’ s matching program met us where we were,” he says.“ For an earlystage startup, speed is everything and WVCAP delivered that. But beyond the capital, what set WVCAP apart was the genuine belief in West Virginia founders.” is someone we’ re helping set up their finances to best serve their future.”
As for the future, Milo is preparing for its next major milestone by raising a seed round to unlock automatic money movement on payday, a feature users request most frequently. This feature would allow Milo to manage users’ savings and investments.
“ FOR AN EARLY-STAGE STARTUP, SPEED IS EVERYTHING AND WVCAP DELIVERED THAT. BUT BEYOND THE CAPITAL, WHAT SET WVCAP APART WAS THE GENUINE BELIEF IN WEST VIRGINIA FOUNDERS.”
INNOVA’ s role remains essential as it continues to serve as a thought partner, helping the team refine financial planning and advising features, guidance that now shows up in the product itself. INNOVA’ s support reflects the philosophy of helping West Virginia founders build world-class companies without leaving the state, a broader mission also shared by WVCAP.
Wimer says that very philosophy is what sets WVCAP apart from traditional investors.
That belief is already yielding positive returns for West Virginia as Milo’ s growth has retained talent in the state and created new opportunities for young professionals. Likewise, the company’ s mission of helping people in their 20s build long-term financial stability has a ripple effect that extends far beyond state lines.
“ Our impact shows up in two ways,” Wimer says.“ We’ ve kept talent in West Virginia, and every user we onboard
“ The goal is to scale from 30,000 users to 500,000 and beyond,” Wimer says.“ Having a partner like WVCAP in our corner makes that future feel a lot more attainable.”
With continued support from INNOVA and WVCAP, Milo is positioned to become a national leader in financial technology, all while staying rooted in the state where it began.
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