401GO Raises $12M in Funding to Reshape Retirement Savings Industry and Expand Product Offerings
401GO Raises $12M Series A Funding
401GO's Series A Funding
Key Highlights:
- Series A Funding: 401GO, a retirement plan provider for employers, raised $12 million in Series A funding.
- Investors: Next Frontier Capital led the round, with participation from Rally Ventures, Impression Ventures, and Stout Street Capital.
- Strategic Vision: 401GO aims to reshape the retirement savings industry by combining technology and personalized service.
401GO's Target Market
- Target Market: Employers seeking retirement plan solutions for their employees.
- Businesses of Any Size: 401GO's platform is designed to enable businesses of any size to offer a retirement plan.
- Individuals Planning for Retirement: Employees looking for guidance and support in securing their financial futures.
What 401GO Needs to Buy
- Technology Enhancement: Investments in technology to enhance and add capabilities to its retirement plan and financial wellness platforms.
- Product Expansion: Development and launch of new products, such as Health Savings Accounts (HSAs) and Emergency Savings Accounts (ESAs).
- Marketing and Sales Support: Resources to support marketing and sales efforts to reach and acquire new customers.