Vestwell Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$12.5M
Industry:Fintech
Founded:2016
Lead Investor(s):F-Prime Capital Partners
Press

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • Vestwell's estimated revenue is currently $9.4M per year.
  • Vestwell received $8.0M in venture funding in October 2017.
  • Vestwell's estimated revenue per employee is $137647
  • Vestwell's total funding is $12.5M.

Employee Data

  • Vestwell has 68 Employees.
  • Vestwell grew their employee count by 48% last year.
  • Vestwell currently has 2 job openings.

Executive Contacts

NameTitle
Pat McGarryVice President, Sales
Lauren ZahorecDirector of Client Success
Sara JosephsDirector of People
Jonathan FerraraSVP - Head of Product & Ops
Christian RomanoAVP, Business Development
Benjamin ThomasonExecutive Vice President
Zainab NooraliVP Sales
Ed BurnettVP, Engineering
Mark ShilshtutDirector Of Engineering
Joshua ForstaterVP Strategic Partnerships

What Is Vestwell?

Vestwell is a turnkey solution for financial advisers providing them with the ability to offer clients a retirement plan without taking on the risk and costs typically associated with creating one. We remove the friction points of confusion, cost and compliance overhead that come with traditional retirement plans. Vestwell's digital platform allows for seamless plan design, automated on-boarding, and low-cost investment strategies, making it easier for employers to offer a retirement plan. Vestwell becomes an extension of the financial advisor's services, acting in everyone's best interest, while scaling through technology and allowing financial advisors to focus on clients. Mission: Vestwell provides every employee in America with access to a retirement account by removing the friction points financial advisors and companies have in establishing and maintaining defined contribution & benefit programs. We look out for everyone's best interest, including financial advisors, companies and employees. About Vestwell Holdings, Inc.: Vestwell Advisors, LLC is a SEC registered investment advisor, a wholly owned subsidiary of Vestwell Holdings, Inc., specializing in 401(k), 403(b) and other defined contribution and benefit retirement investment management services. Vestwell can assumes 3(38) or 3(21) investment management and ERISA3(16) fiduciary responsibility on the behalf of advisors and their plan sponsor clients. Learn more at Vestwell.com and on Twitter @Vestwell. This is not an offer, solicitation, or advice to buy or sell securities in jurisdictions where Vestwell Advisors is not registered. An investor should consider investment objectives, risks and expenses before investing. More information is available within Vestwell Advisors' ADV. There are risks involved with investing. Investors should consider all of their assets, income and investments. Portfolios are subject to change. All opinions and results included in this publication constitute Vestwell Advisors' judgment as of the date of this publication and are subject to change without notice.

keywords:N/A

68

Number of Employees

$9.4M

Revenue (est)

2

Current Jobs

48%

Employee Growth %

$12.5M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Vestwell News

31-Aug-19 - Robo-advisers are dead. Long live digital advisers

So fintech providers like Vestwell, Questis and NextCapital are teaming up with advisers, while traditional providers are morphing their ...

24-Aug-19 - Retirement Plan Improvements Highlight FinTech During ...

Vestwell – A venture-backed fintech dedicated to reinventing defined contribution record keeping, Vestwell is bringing retirement plan ...

2-Apr-19 - Goldman Sachs backs retirement technology platform Vestwell

NEW YORK (Reuters) - Vestwell Holdings Inc, a tech platform for retirement plans, said on Tuesday it raised $30 million from Goldman Sachs ...

Vestwell Funding

DateAmountRoundLead InvestorsReference
2017-10-03$8.0MAF-Prime Capital PartnersArticle

Vestwell Executive Hires

DateNameTitleReference
2017-06-05Paul NewmannVice President of SalesArticle