NewRetirement Revolutionizes Financial Planning with $20 Million Funding
April 4, 2024, 3:51 pm
Location: United States, California, Sunnyvale
Employees: 501-1000
Founded date: 2006
Location: United States, California, Mill Valley
Employees: 11-50
Founded date: 2015
Total raised: $20M
NewRetirement, a digital-first financial planning platform, has secured a game-changing $20 million in Series A funding. Led by Allegis Capital, with support from Ulu Ventures, Nationwide Ventures, and others, this funding brings the company's total investment to $20.8 million.
NewRetirement's innovative approach to financial planning goes beyond the norm. Their digital tools cover everything from savings and investments to human capital, benefits, pensions, and more. With a focus on holistic planning, their platform empowers users to navigate complex financial scenarios with ease.
For just $120 a year, individuals can access a suite of tools to manage their financial future. And for those seeking personalized guidance, a certified financial planner is available for around $1,500 annually. This unique blend of self-directed and expert-led options sets NewRetirement apart in the financial planning landscape.
But it's not just individuals who benefit from NewRetirement's platform. Employers can offer their employees access to financial planning tools as a wellness benefit. And financial institutions can leverage NewRetirement's APIs and tools to create customized platforms for their clients, driving engagement and revenue.
With this new funding, NewRetirement plans to expand their enterprise offerings, enhance user experience with AI integration, and meet the growing demand for their services. CEO Stephen Chen is committed to helping more users achieve financial wellness through strategic planning.
In a world where financial planning is often out of reach for many, NewRetirement is breaking down barriers and empowering individuals to take control of their financial futures. With this latest funding round, the company is poised to revolutionize the way we approach financial planning for years to come.
NewRetirement's innovative approach to financial planning goes beyond the norm. Their digital tools cover everything from savings and investments to human capital, benefits, pensions, and more. With a focus on holistic planning, their platform empowers users to navigate complex financial scenarios with ease.
For just $120 a year, individuals can access a suite of tools to manage their financial future. And for those seeking personalized guidance, a certified financial planner is available for around $1,500 annually. This unique blend of self-directed and expert-led options sets NewRetirement apart in the financial planning landscape.
But it's not just individuals who benefit from NewRetirement's platform. Employers can offer their employees access to financial planning tools as a wellness benefit. And financial institutions can leverage NewRetirement's APIs and tools to create customized platforms for their clients, driving engagement and revenue.
With this new funding, NewRetirement plans to expand their enterprise offerings, enhance user experience with AI integration, and meet the growing demand for their services. CEO Stephen Chen is committed to helping more users achieve financial wellness through strategic planning.
In a world where financial planning is often out of reach for many, NewRetirement is breaking down barriers and empowering individuals to take control of their financial futures. With this latest funding round, the company is poised to revolutionize the way we approach financial planning for years to come.