Capitalize Launches to Help 30M Americans Consolidate their 401ks, Announces Seed Round
09/29/20, 12:03 PM
Location
new york
Round Type
seed
Capitalize, the first independent platform to transfer retirement assets, today announced that it has closed a $2M Seed round led by Bling Capital, an early-stage venture fund based in San Francisco. Additional investors include Greycroft, RRE Ventures and Walkabout Ventures. Capitalize is solving one of the biggest problems in the $20 trillion retirement savings market by helping Americans easily locate and roll over their legacy 401k accounts.
Company Info
Location
new york, new york, united states
Additional Info
Capitalize is a New York-based fintech company that helps people quickly consolidate or “roll over” their old 401k accounts into a new or existing IRA - for free. Capitalize manages the entire 401k rollover process for users through an online alternative to the manual, paper-based process of transferring retirement accounts. Over time, Capitalize intends to help users manage all of their employer-sponsored and individual retirement accounts as they move throughout their career. www.hicapitalize.com