Vestwell Raises $125M Series D Funding
Vestwell, a premier platform for employer and individual savings, successfully secured $125 million in its Series D funding round.
Updated: January 6, 2024
Vestwell, a prominent player in the employer and individual savings platform, recently closed its Series D funding round, securing an impressive $125 million. Launched in 2016 by CEO Aaron Schumm, Vestwell has steadily gained recognition in the financial technology landscape.
The Series D financing was spearheaded by Lightspeed Venture Partners, with continued support from existing investors Fin Capital, Primary Venture Partners, and FinTech Collective. Noteworthy additions to the funding round include Blue Owl and HarbourVest.
This substantial investment reflects the confidence of both existing and new partners in Vestwell's innovative approach to revolutionizing savings solutions. The funds will likely propel Vestwell further in its mission to reshape the landscape of retirement and financial plannin