Capitalize, a NYC-based supplier of a platform that helps shoppers and monetary establishments digitally discover and switch retirement belongings, raised $19M in Collection B funding.
The spherical was led by RRE Ventures with participation from present buyers together with Canapi Ventures and Bling Capital, and new buyers together with Trade Ventures.
The corporate intends to make use of the funds to speed up expertise funding in its core rollover platform and increase to serve each companions and shoppers with extra options and switch sorts.
Led by CEO Gaurav Sharma, Capitalize gives a platform to assist shoppers and their monetary establishments digitally find and switch retirement belongings, reminiscent of 401(ok)s. Its expertise is utilized by monetary establishments to empower rollovers natively for his or her customers and can be obtainable to shoppers instantly.
FinSMEs
14/08/2024