FundedIQ
Community and Lifestyle

Vestwell: Funding, Investors & Team (Sep 2026)

Vestwell provides the underlying infrastructure to power workplace savings and investing programs, such as 401(k) & 403(b) retirement plans. Their cloud-based digital recordkeeping platform provides the modern architecture to support financial services and payroll partners while bringing clients an easier, more flexible, and user-friendly experience delivered at a fraction of the cost.

vestwell.com LinkedIn New York, United States 101-250 employees
Total raised
$195M
Rounds
2
Latest
Series D
Dec 2023

Vestwell has raised $195M across 2 funding rounds on record, the most recent a Series D of $125M announced in Dec 2023.

That round is above the $2.3M median round size for Community and Lifestyle companies tracked on FundedIQ over the last two years.

Vestwell Company Profile and Key Stats

Total funding raised
$195M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series D
$125M in Dec 2023
Employees
101-250
reported band
Headquarters
New York, United States

Latest funding round on record: Dec 2023.

Vestwell Funding Rounds

Date
Round
Amount
Series D
$125M
Series C
$70.0M

Vestwell raised $70.0M in a Series C announced in Jul 2021.

2.4 years later, a Series D of $125M was announced in Dec 2023.

Vestwell Founders and Leadership Team

Name
Role
Contact
Aaron Schumm
CEO
Locked

Contact details for the Vestwell team: 1 of 1 has an email address on file.

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Vestwell Funding Compared to Other Community and Lifestyle Startups

Segment
Companies
Median round

Vestwell's latest round of $125M is above the median round in Community and Lifestyle. Medians cover the last 24 months of disclosed rounds.

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Vestwell Funding FAQs

What does Vestwell do?

Vestwell provides the underlying infrastructure to power workplace savings and investing programs, such as 401(k) & 403(b) retirement plans. Their cloud-based digital recordkeeping platform provides the modern architecture to support financial services and payroll partners while bringing clients an easier, more flexible, and user-friendly experience delivered at a fraction of the cost.

How much funding has Vestwell raised?

Vestwell has raised $195M across 2 rounds on record. The most recent is a Series D of $125M announced in Dec 2023.

When did Vestwell last raise funding?

Vestwell's most recent funding round on record is a Series D of $125M, announced in Dec 2023.

Who is the CEO of Vestwell?

Aaron Schumm is listed as CEO at Vestwell.

Where is Vestwell headquartered?

Vestwell is based in New York, United States.

How many employees does Vestwell have?

Vestwell is in the 101-250 employee band.

How does Vestwell's funding compare to other Community and Lifestyle startups?

Vestwell's latest round of $125M is above the $2.3M median round size for Community and Lifestyle companies on FundedIQ across 1,484 tracked companies over the last two years.

About FundedIQ's Vestwell Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Vestwell is left off this page rather than filled in.

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