Annuity.com Disrupts Annuity Market Landscape with $15.7 Million Seed Funding
May 16, 2024, 9:54 am
Annuity.com, a dynamic fintech and financial media company based in NYC, has recently secured a substantial $15.7 million in seed funding. This financial boost will fuel the company's ambitious plans to expand operations and development efforts, ultimately revolutionizing the annuity distribution landscape.
Under the leadership of CEO Brett Blake, Annuity.com is on a mission to empower independent agents, enhance consumer awareness, and make annuities more accessible to individuals seeking financial security in retirement. With a focus on innovation and education, the company is gearing up to relaunch Annuity.com as a consumer marketplace dedicated to providing valuable insights and resources on annuities.
Blake, a seasoned executive with a proven track record of success, previously spearheaded strategies at Beachbody (now BODi) that propelled the independent coaching division from $50 million to an impressive $975 million in sales. Joining him in this venture is Bruce Jensen, a seasoned financial executive who has taken on the roles of COO/CFO within the company.
Annuity.com, Inc. is not just looking to make waves in the annuity market; they are aiming to make a significant impact. With a keen focus on empowering agents with cutting-edge tools and resources, the company is poised to transform the way annuities are perceived and utilized by consumers. By fostering greater understanding and accessibility, Annuity.com is paving the way for enhanced financial security for individuals planning their retirements.
CEO Brett Blake emphasized the importance of increasing consumer awareness in the annuity market, citing studies that reveal a lack of understanding among the general population. With only a fraction of individuals aware of what annuities entail, Annuity.com is on a mission to bridge this knowledge gap and position annuities as a mainstream solution for retirement planning.
Looking ahead, Annuity.com, Inc. sees immense potential in the annuity market, which has shown significant growth in recent years. Despite reaching $385 billion in 2023, the company believes that the market has the potential to reach a staggering $1.5 trillion in the near future. By leveraging technology, data, and a commitment to transparency, Annuity.com is poised to capitalize on this opportunity and drive innovation in the financial sector.
In conclusion, Annuity.com's recent funding success marks a significant milestone in the company's journey to revolutionize the annuity market. With a strong leadership team, a clear vision for the future, and a commitment to empowering both agents and consumers, Annuity.com is well-positioned to make a lasting impact and reshape the landscape of annuity distribution.
Under the leadership of CEO Brett Blake, Annuity.com is on a mission to empower independent agents, enhance consumer awareness, and make annuities more accessible to individuals seeking financial security in retirement. With a focus on innovation and education, the company is gearing up to relaunch Annuity.com as a consumer marketplace dedicated to providing valuable insights and resources on annuities.
Blake, a seasoned executive with a proven track record of success, previously spearheaded strategies at Beachbody (now BODi) that propelled the independent coaching division from $50 million to an impressive $975 million in sales. Joining him in this venture is Bruce Jensen, a seasoned financial executive who has taken on the roles of COO/CFO within the company.
Annuity.com, Inc. is not just looking to make waves in the annuity market; they are aiming to make a significant impact. With a keen focus on empowering agents with cutting-edge tools and resources, the company is poised to transform the way annuities are perceived and utilized by consumers. By fostering greater understanding and accessibility, Annuity.com is paving the way for enhanced financial security for individuals planning their retirements.
CEO Brett Blake emphasized the importance of increasing consumer awareness in the annuity market, citing studies that reveal a lack of understanding among the general population. With only a fraction of individuals aware of what annuities entail, Annuity.com is on a mission to bridge this knowledge gap and position annuities as a mainstream solution for retirement planning.
Looking ahead, Annuity.com, Inc. sees immense potential in the annuity market, which has shown significant growth in recent years. Despite reaching $385 billion in 2023, the company believes that the market has the potential to reach a staggering $1.5 trillion in the near future. By leveraging technology, data, and a commitment to transparency, Annuity.com is poised to capitalize on this opportunity and drive innovation in the financial sector.
In conclusion, Annuity.com's recent funding success marks a significant milestone in the company's journey to revolutionize the annuity market. With a strong leadership team, a clear vision for the future, and a commitment to empowering both agents and consumers, Annuity.com is well-positioned to make a lasting impact and reshape the landscape of annuity distribution.