Tech Company Financing Transactions

Vestwell Funding Round

Fin Venture Capital, Wells Fargo & Co. and Allianz Life participated in a $70 million Series C funding round for Vestwell. The round was announced on 7/21/2021.

Transaction Overview

Company Name
Announced On
7/21/2021
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors

Fin Venture Capital (Lead Investor)

Wells Fargo & Co. (Lead Investor) (Thomas Richardson)

Allianz Life

Commerce Ventures

F-Prime Capital (Ben Malka)

FinTech Collective (Brooks Gibbins)

Goldman Sachs

Greenspring Global Partners

Industry Ventures

Manulife

Morgan Stanley Venture Partners

Nationwide Ventures

Northwestern Mutual Capital

Point72 Ventures

Primary Venture Partners (Brad Svrluga)

Teamworthy Ventures

Proceeds Purpose
This latest round of financing will be used to further expand the team, platform functionality, and servicing for Vestwell's thousands of partners and clients.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
22 W 38th St. 10th Floor
New York, NY 10018
USA
Phone
Undisclosed
Email Address
Overview
Vestwell Advisors is a subsidiary of Vestwell, a 3(38) and 3(21) SEC registered investment advisory firm, specializing in 401(k) and other defined contribution retirement investment management services.
Profile
Vestwell LinkedIn Company Profile
Social Media
Vestwell Company Twitter Account
Company News
Vestwell News
Facebook
Vestwell on Facebook
YouTube
Vestwell on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Aaron Schumm
  Aaron Schumm LinkedIn Profile  Aaron Schumm Twitter Account  Aaron Schumm News  Aaron Schumm on Facebook
Chief Financial Officer
David Sheen
  David Sheen LinkedIn Profile  David Sheen Twitter Account  David Sheen News  David Sheen on Facebook
Chief Technical Officer
John Skovron
  John Skovron LinkedIn Profile  John Skovron Twitter Account  John Skovron News  John Skovron on Facebook
VP - Client Services
Ann-Marie Gorczyca
  Ann-Marie Gorczyca LinkedIn Profile  Ann-Marie Gorczyca Twitter Account  Ann-Marie Gorczyca News  Ann-Marie Gorczyca on Facebook
VP - General Counsel
Allison Brecher
  Allison Brecher LinkedIn Profile  Allison Brecher Twitter Account  Allison Brecher News  Allison Brecher on Facebook
VP - Marketing
Abbey Yvon
  Abbey Yvon LinkedIn Profile  Abbey Yvon Twitter Account  Abbey Yvon News  Abbey Yvon on Facebook
VP - Operations
Jonathan Ferrara
  Jonathan Ferrara LinkedIn Profile  Jonathan Ferrara Twitter Account  Jonathan Ferrara News  Jonathan Ferrara on Facebook
VP - Operations
Jon Mark
  Jon Mark LinkedIn Profile  Jon Mark Twitter Account  Jon Mark News  Jon Mark on Facebook
VP - Product Management
Ryan Anderson
  Ryan Anderson LinkedIn Profile  Ryan Anderson Twitter Account  Ryan Anderson News  Ryan Anderson on Facebook
VP - Sales
Benjamin Thomason
  Benjamin Thomason LinkedIn Profile  Benjamin Thomason Twitter Account  Benjamin Thomason News  Benjamin Thomason on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/20/2021: Audigent venture capital transaction
Next: 7/21/2021: Tilting Point venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary