New York, United States
Vestwell, founded in 2016 and headquartered in the United States, is a prominent player in the fintech industry. Known as "the modern fintech engine powering savings and investment programs for small businesses and individuals," it has positioned itself at the forefront of the savings economy. The company focuses on enhancing access to financial wellness and savings programs, addressing retirement, healthcare, disability, and education needs.
Currently, Vestwell supports over 350,000 businesses and more than a million savers, managing assets exceeding $30 billion across all 50 states. The platform includes critical programs such as 401(k), 403(b), IRA, 529 College, ABLE disability, and Emergency Savings programs.
In a notable growth achievement, they secured a $125.00M Series D investment on 21 December 2023. This round was backed by renowned investors like Fin Capital, FinTech Collective, Primary, Lightspeed Venture Partners, HarbourVest Partners, and Blue Owl. As the fintech landscape evolves, Vestwell appears poised for further expansion, providing significant opportunities for investors.
