logoTry Persana

Vestwell - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Vestwell including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Vestwell company logo

Vestwell is the modern fintech engine powering savings and investment programs for small businesses and individuals.

Vestwell is a financial technology company that provides modern and accessible savings platform solutions, including workplace retirement plans, to help close the savings gap for Americans.

HeadquartersNew York, United States
Team size351-500
Founded2016

What is Vestwell? - Company Overview & Details

Vestwell is Vestwell is a financial technology company that provides modern and accessible savings platform solutions, including workplace retirement plans, to help close the savings gap for Americans. Founded in 2016, the company is headquartered in New York, United States.

Who Founded Vestwell?

Vestwell was founded by Aaron Schumm.

Who are the Key Executives at Vestwell? - Leadership Team

Vestwell is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Vestwell

Aaron SchummCEO

Chief Technology Officer (CTO) of Vestwell

CTO

About Aaron Schumm - CEO of Vestwell

Aaron Schumm serves as the Chief Executive Officer of Vestwell, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Vestwell Company Details & Key Information

Where is Vestwell located?

Vestwell is headquartered in New York, United States.

How many employees does Vestwell have?

Vestwell has 351-500 employees.

When was Vestwell founded?

Vestwell was founded in 2016.

Vestwell Official Website

How much funding has Vestwell raised?

Vestwell has raised $227.5 Million across 5 funding rounds. The most recent funding was completed on 2024-01-02.

Funding Overview

Vestwell has raised a total of $227.5 million through multiple funding rounds to enhance its technology and expand its services.

$227.5 Million
Total Funding Raised
5
Funding Rounds
2024-01-02
Latest Round

Vestwell Funding History

Series D
2024-01-02
$125 Million
Series C
2021-07-20
$70 Million
Series B
2019-04-02
$30 Million
Series A
2017-10-02
$8 Million

Who are the key investors in Vestwell?

Vestwell is backed by 3 key investors including Wells Fargo Strategic Capital, Goldman Sachs, Lightspeed Venture Partners. These investors focus on Financial Services, Fintech, Private Equity sectors.

Vestwell Investor Overview

3
Key Investors
4
Focus Areas
0
Notable Investments

Complete List of Vestwell Investors

Wells Fargo Strategic Capital

Major financial services provider investing in growth-stage companies.

Investment Focus
Financial Services
Fintech

Goldman Sachs

Global investment banking, securities and investment management firm.

Investment Focus
Financial Services
Private Equity

Lightspeed Venture Partners

A venture capital firm focusing on early-stage companies.

Investment Focus
Technology
Financial Services

What sectors do Vestwell investors focus on?

The investors backing Vestwell primarily focus on Financial Services, Fintech, Private Equity, Technology sectors.

Financial Services
Fintech
Private Equity
Technology

Featured Investor: Wells Fargo Strategic Capital

Wells Fargo Strategic Capital

Major financial services provider investing in growth-stage companies.

Notable Investments:

What are Vestwell's future plans?

Vestwell Vestwell aims to continue expanding its services and partnerships to enhance access to savings programs.

Vestwell Strategic Outlook

Strategic Focus
Defined
3
Key Challenges
3
Growth Opportunities

What challenges does Vestwell face?

Vestwell has identified 3 key challenges that need to be addressed for continued growth and success.

Key Challenges for Vestwell

1

Staying ahead of technological advancements

2

Meeting regulatory requirements

3

Expanding into new markets

What opportunities does Vestwell have?

Vestwell has identified 3 key opportunities for growth and market expansion.

Growth Opportunities for Vestwell

1

Growing demand for affordable retirement plans

2

Expansion of state-sponsored retirement programs

3

Partnerships with financial institutions

Vestwell Strategic Position Summary

Key Focus Areas

Vestwell is addressing 3 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 3 key opportunities for expansion and growth.

What are the latest news about Vestwell?

Vestwell has 2 recent news updates covering key business developments and market activities.

Vestwell News Overview

2
Recent Articles
Active
Media Coverage
2025-06-04
Latest Update

What is Vestwell in the news for?

Vestwell is currently featured in news for Vestwell Holdings, Inc. hired Nicole Wood as VP of Communications. and other significant business developments.

Recent News Articles About Vestwell

Article 1
2025-06-04

Vestwell Holdings, Inc. hired Nicole Wood as VP of Communications.

Vestwell names Nicole Wood Senior Vice President of Communications to support its mission of reshaping the savings economy.

PRWeek
Read News
Article 2
2025-05-06

Savvy Wealth partners with Vestwell on small biz 401(k) management.

Savvy Wealth partners with Vestwell to manage 401(k) plans for small business clients, enhancing their financial advisory services.

NAPA Net
Read News

Vestwell FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Vestwell including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Vestwell Questions & Answers - Company Information

Q1

What is Vestwell?

Vestwell is a financial technology company that provides modern and accessible savings platform solutions, including workplace retirement plans, to help close the savings gap for Americans.

Q2

Who founded Vestwell?

Vestwell was founded by Aaron Schumm.

Q3

Who is the CEO of Vestwell?

The CEO of Vestwell is Aaron Schumm. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Vestwell raised?

Vestwell has raised a total of $$227.5 Million across 5 funding rounds. The most recent funding was completed on 2024-01-02.

Q5

Who are the investors in Vestwell?

Vestwell's key investors include Wells Fargo Strategic Capital, Goldman Sachs, Lightspeed Venture Partners.

Q6

Where is Vestwell headquartered?

Vestwell is headquartered in New York, United States.

Q7

When was Vestwell founded?

Vestwell was founded in 2016.

Q8

How many employees does Vestwell have?

Vestwell has 351-500 employees.

Q9

What is Vestwell's official website?

You can visit Vestwell's official website at vestwell.com.

Q10

What was Vestwell's latest funding round?

Vestwell's latest funding round was a Series D round of $$125 Million completed on 2024-01-02.

Q11

Who is founder?

Aaron Schumm

Q12

What does the company do?

Vestwell provides digital retirement solutions and savings platforms to help Americans save for retirement and other critical needs.

Q13

How much funding?

$227.5 Million

Q14

Latest funding date?

2024-01-02

Q15

Who are the investors?

Wells Fargo Strategic Capital Goldman Sachs Lightspeed Venture Partners

Q16

What are the challenges?

Staying ahead of technological advancements Meeting regulatory requirements Expanding into new markets

Q17

What are the opportunities?

Growing demand for affordable retirement plans Expansion of state-sponsored retirement programs Partnerships with financial institutions

Q18

Latest news?

Vestwell names Nicole Wood Senior Vice President of Communications to support its mission of reshaping the savings economy. Savvy Wealth partners with Vestwell to manage 401(k) plans for small business clients, enhancing their financial advisory services.

More Information About Vestwell

For additional details about Vestwell, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.