Tech Company Financing Transactions
Smart Pension Funding Round
On 8/13/2025, Smart Pension raised $81 million in financing from CIBC Innovation Banking and private investors.
Transaction Overview
Company Name
Announced On
8/13/2025
Transaction Type
Debt
Amount
$81,000,000
Round
Undisclosed
Investors
CIBC Innovation Banking (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support its future growth plans and leverage opportunities within a rapidly consolidating market in the UK.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
The Smart Building, 136 George Street,
London, England, W1H 5LD
UK
London, England, W1H 5LD
UK
Phone
Undisclosed
Website
Email Address
Overview
Smart was founded in 2014 by Andrew Evans and Will Wynne. They brought together their financial and technological expertise, with the original aim of making pension auto enrolment simple. Since then, Smart has expanded to become global in both its ambitions and its operations. We still help employers, scheme members and intermediaries, but are now working with an increasing number of the world's largest financial institutions and at government level.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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