Capitalize Secures $12.5 Million in Series A Funding Led by Canapi Ventures
02/11/21, 1:02 PM
Location
new yorkMoney raised
$12 million
Round Type
series a
Capitalize, the first online platform to help consumers transfer retirement assets, today announced the close of a $12.5 million Series A investment round. Canapi Ventures led the round with participation from Capitalize’s existing investors, including Bling Capital, Greycroft, RRE Ventures and Walkabout Ventures. The new round will drive continued growth, support strategic investment in talent and enable Capitalize to add new services as it helps consumers save for retirement nationwide.
Company Info
Company
Capitalize
Location
new york, new york, united states
Additional Info
Capitalize is a New York-based fintech company on a mission to help people save for retirement. Their online platform 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 existing 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