# Vestwell Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vestwell-holdings

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.vestwell.com
- Total disclosed funding: $452M
- Latest round: Series E (Feb 18, 2026)
- Investors on record: 26

## About

Based in the US, Vestwell Holdings, Inc. is a financial technology company that provides a comprehensive savings platform designed to enhance employee financial wellness and retirement preparedness. Vestwell Holdings, Inc. offers a modern savings platform that includes a variety of financial solutions. The company was founded in 2016 in New York, US by Aaron Schumm. In February 2026, Vestwell Holdings Inc. raised USD 385 million in series E funding co-led by Sixth Street and Blue Owl Capital, with participation from TIAA Ventures, Neuberger Berman, SLW, HarbourVest Partners, Franklin Templeton, and Morgan Stanley Investment Management. The venture funding values the company at USD 2 billion post-money. Vestwell specializes in a modern savings platform that encompasses various financial products aimed at enhancing employee financial wellness. Their core offerings include 401(k) accounts, Emergency Savings Accounts (ESAs), Individual Retirement Accounts (IRAs), 529 Education Savings Accounts, Student Loan PayDown (SLP) programs, and ABLE accounts. These products integrate seamlessly with payroll systems, facilitating automatic contributions and efficient plan administration. Serving over 350,000 businesses nationwide, Vestwell impacts more than 1.5 million active savers across all 50 states.Vestwell generates revenue through its diverse offerings in savings and retirement solutions, which are presented to businesses as part of employee benefits. Their B2B model involves partnerships with employers, allowing them to implement cost-effective retirement and savings plans while enhancing employee engagement. The revenue model includes fees associated with managing and administering retirement plans and savings accounts, charged to employers as part of their subscription to the platform. Vestwell’s approach encompasses comprehensive services from recordkeeping to compliance support.

## Funding rounds

- Series E, Feb 18, 2026, $224M — HarbourVest Partners, Morgan Stanley Investment Management, Neuberger Berman, Franklin Templeton, Sixth Street, Blue Owl, TIAA Ventures, SLW
- Series D, Dec 21, 2023, $125M — HarbourVest Partners, Lightspeed Venture Partners, Primary Venture Partners, FinTech Collective, Fin Capital, Blue Owl
- Series C, Jul 20, 2021, $60M — Morgan Stanley Investment Management, Greenspring Associates, Primary Venture Partners, F-Prime Capital, Goldman Sachs Asset Management, Commerce Ventures, Point72 Asset Management, Teamworthy Group, Future Ventures, Wells Fargo Strategic Capital, Nationwide Ventures, Fin Capital, Allianz Life Ventures, Manulife Financial
- Series B, Apr 2, 2019, $31M — Bank of New York Mellon Private Equity, Primary Venture Partners, F-Prime Capital, Goldman Sachs Asset Management, Commerce Ventures, Franklin Templeton, FinTech Collective, Point72, Allianz Life Ventures
- Series A, Oct 2, 2017, $8M — Primary Venture Partners, F-Prime Capital, Commerce Ventures, FinTech Collective
- Seed, Sep 9, 2016, $4.4M — Primary Venture Partners, Eight Roads Ventures, F-Prime Capital, Commerce Ventures, FinTech Collective

## Investors

- Primary Venture Partners (https://capitalatlas.ai/funds/primary-venture-partners) — Seed, Series A, Series B, Series C, Series D
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Seed
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Seed, Series A, Series B, Series C
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Seed, Series A, Series B, Series C
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Seed, Series A, Series B, Series D
- Bank of New York Mellon Private Equity (https://capitalatlas.ai/funds/bank-of-new-york-mellon-private-equity) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B, Series C
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Series B, Series E
- Point72 (https://capitalatlas.ai/funds/point72) — Series B
- Allianz Life Ventures (https://capitalatlas.ai/funds/allianz-life-ventures) — Series B, Series C
- Morgan Stanley Investment Management — Series C, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C
- Point72 Asset Management — Series C
- Teamworthy Group (https://capitalatlas.ai/funds/teamworthy-group) — Series C
- Future Ventures — Series C
- Wells Fargo Strategic Capital — Series C
- Nationwide Ventures (https://capitalatlas.ai/funds/nationwide-ventures) — Series C
- Fin Capital (https://capitalatlas.ai/funds/fin-capital) — Series C, Series D
- Manulife Financial — Series C
- HarbourVest Partners (https://capitalatlas.ai/funds/harbourvest-partners) — Series D, Series E
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series D
- Blue Owl (https://capitalatlas.ai/funds/blue-owl) — Series D, Series E
- Neuberger Berman (https://capitalatlas.ai/funds/neuberger-berman) — Series E
- Sixth Street (https://capitalatlas.ai/funds/sixth-street) — Series E
- TIAA Ventures (https://capitalatlas.ai/funds/tiaa-ventures) — Series E
- SLW (https://capitalatlas.ai/funds/slw) — Series E