Human Interest Raises $200M for Retirement Benefits Platform
Human Interest today announced that it has raised a $200M Series D round led by The Rise Fund, TPG’s global impact investing platform, and joined by SoftBank Vision Fund 2*. The round comes just six months after the completion of Human Interest’s Series C, bringing the total amount raised over the last 12 months to $305M and valuing the company at $1B. The financing included participation from new investor Crosslink Capital and existing investors NewView Capital, Glynn Capital, U.S. Venture Partners, Wing Venture Capital, Uncork Capital, Slow Capital, Susa Ventures, and others.
By making retirement plans accessible, affordable, and easy to use, Human Interest is creating a path to a secure financial future for people in all lines of work.
“The need for a simple, affordable retirement benefit for employers and employees is clear,” said Jeff Schneble, CEO of Human Interest. “Sales have tripled over the last year. Our priority with this funding is to fulfil customer demand by advancing our product and dramatically scaling our team.”
We’ll add another 200 employees nationwide by the end of 2021, primarily in our product, engineering, and revenue teams,” said Schneble.
Announcement: Human Interest Raises $200M for Retirement Benefits Platform