NewRetirement Raises $20 Million In Series A Funding To Scale Enterprise Partnerships And Increase Access To Comprehensive Financial Planning

 

NewRetirement, a leading digital financial planning platform, has successfully concluded its Series A funding round with $20 million, led by Allegis Capital and supported by a consortium of notable investors. This funding, combined with previous investments, totals $20.8 million. In an era where effective financial planning is essential, NewRetirement fills a critical void by offering advanced digital tools accessible to all. Departing from the exclusivity of traditional advisor models, NewRetirement's platform empowers users to create and manage holistic financial plans covering various aspects of their lives. With a user base of 70,000 individuals managing nearly $100 billion in assets, NewRetirement intends to utilize its funding to expand its enterprise solutions, enhance user experiences, and integrate cutting-edge technologies such as AI to provide personalized recommendations.

https://www.techdogs.com/tech-news/business-wire/newretirement-raises-20-million-in-series-a-funding-to-scale-enterprise-partnerships-and-increase-access-to-comprehensive-financial-planning