Vestwell

About

Vestwell provides underlying infrastructure to power workplace and individual savings programs for small businesses and savers.

New York,New York,United States
251 - 500
http://vestwell.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $8M
Industries: Finance,Financial Services,FinTech,Retirement,Software
Founded date: Jan 1, 2016
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Vestwell Holdings, Inc.

Vestwell has built a unified savings platform to close the savings gap and deliver the elevated experience that every saver deserves. Vestwell is the chassis powering savings in the workplace and beyond to ensure every American can afford the future they desire. Vestwell’s north star is to be the engine behind a $38 trillion industry, powering payroll-deducted workplace and direct-to-saver programs, such as 401(k), 403(b), IRA, emergency savings accounts (ESA), health savings accounts (HSA), 529 college savings, and 529A (“ABLE”) programs.

Learn more at http://www.vestwell.com and on Twitter @Vestwell.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$112.50M

Vestwell has raised a total of $112.50M in funding over 2 rounds. Their latest funding was raised on Jul 20, 2021 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 20, 2021	Series C	$70M	16	Fin Capital Wells Fargo Strategic Capital	—	Detail
Apr 2, 2019	Series B	$30M	9	GS Growth	—	Detail
Oct 2, 2017	Series A	$8M	4	F-Prime Capital	—	Detail
Sep 20, 2016	Seed	$4.50M	6	FinTech Collective	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

22

Vestwell is funded by 22 investors. Fin Capital and Wells Fargo Strategic Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Fin Capital	Yes	Series C
Wells Fargo Strategic Capital	Yes	Series C
GS Growth	Yes	Series B
Allianz Life Ventures	—	Series C
Commerce Ventures	—	Series C
F-Prime Capital	—	Series C
FinTech Collective	—	Series C
Goldman Sachs	—	Series C
Greenspring Associates	—	Series C
Industry Ventures	—	Series C