Pontera Raises $60 Million To Help Us Workers Retire Better

Dec 07, 2023•about 2 years ago

Amount Raised

$60 Million

New YorkFintechFinancial Services

Investors

The Founders KitchenLightspeed Venture PartnersHanaco VenturesCollaborative FundBlumberg CapitalPonteraIconiq Growth

Description

Pontera, the fintech company enabling 401(k) participants to receive comprehensive wealth management services by personal financial advisors, has secured $60 million in a funding round led by ICONIQ Growth. This investment raises Pontera's total funding to $160 million, reinforcing its commitment to address the widespread neglect of workplace retirement accounts held by 85 million Americans—a critical element of the U.S. retirement crisis.

Company Information

Company

Pontera

Location

New York, New York, United States

About

Pontera is a fintech company on a mission to help millions of Americans retire better by enabling financial advisors to analyze, rebalance, and report on workplace retirement account assets, including 401(k)s, 403(b)s and more. The platform is designed to work across the vast majority of retirement plans and seamlessly integrate with existing portfolio management tools to help advisors improve their clients' financial outcomes.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends