Human Interest valuation, funding and investors

Human Interest works in retirement plan administration services, based in San Francisco, United States. Founded in 2015, it has about 916 employees.

Retirement Planning San Francisco Series F

VALUATION · TODAY

$4.02B +1% after Series F

Range $2.61B – $4.65B · Grade A

TODAY

+12 MO

$2.00B

$4.00B

$6.00B

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $11.0M

Series B $15.4M

Series C $10.0M

Growth $242M

Series E $50.0M

Series F $100M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY916 employees

+18%6m growth

+18%1y growth

+21%2y growth

500

1,000

1,500

Data from Jan 2021

TODAY

Predicted in 1 yr $4.04B +1% vs today

Predicted next raise $445M if a round comes

Winding-down probability 0%

Last round: Series F · $100M · Oct 2025
Valuation at last round: $3.00B
Headcount: 916 · up
Grade: A
Founded: 2015

How VCMC values companies →

Human Interest valuation today

VCMC values Human Interest at $4.0B today, with a range of $2.6B to $4.7B and a grade of A. The valuation starts from its last funding round, a Series F round in Oct 2025.

Valuation by date (148 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Human Interest: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2015	$6.67M	$2.43M – $18.3M	$6.98M (+5%)	before first round	–	unknown	D	0%
1 Feb 2015	$6.69M	$2.44M – $18.4M	$7.01M (+5%)	before first round	–	unknown	D	0%
1 Mar 2015	$6.72M	$2.44M – $18.4M	$7.04M (+5%)	before first round	–	unknown	D	0%
1 Apr 2015	$6.74M	$2.45M – $18.5M	$7.07M (+5%)	before first round	–	unknown	D	0%
1 May 2015	$6.77M	$2.46M – $18.6M	$7.09M (+5%)	before first round	–	unknown	D	0%
1 Jun 2015	$6.80M	$2.47M – $18.7M	$7.12M (+5%)	before first round	–	unknown	D	0%
1 Jul 2015	$6.82M	$2.48M – $18.7M	$7.15M (+5%)	before first round	–	unknown	D	0%
1 Aug 2015	$6.85M	$2.49M – $18.8M	$7.33M (+7%)	before first round	–	unknown	D	0%
1 Sep 2015	$6.88M	$2.50M – $18.9M	$7.53M (+10%)	before first round	–	unknown	D	0%
1 Oct 2015	$6.90M	$2.51M – $19.0M	$7.73M (+12%)	before first round	–	unknown	D	0%
1 Nov 2015	$6.93M	$2.52M – $19.0M	$7.94M (+15%)	before first round	–	unknown	D	0%
1 Dec 2015	$6.96M	$2.53M – $19.1M	$8.15M (+17%)	before first round	–	unknown	D	0%
1 Jan 2016	$6.98M	$2.54M – $19.2M	$8.37M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$7.01M	$2.55M – $19.3M	$8.60M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$7.04M	$2.56M – $19.3M	$8.82M (+25%)	before first round	–	unknown	D	0%
1 Apr 2016	$7.07M	$2.57M – $19.4M	$9.06M (+28%)	before first round	–	unknown	D	0%
1 May 2016	$7.09M	$2.58M – $19.5M	$9.29M (+31%)	before first round	–	unknown	D	0%
1 Jun 2016	$7.12M	$2.59M – $19.6M	$9.55M (+34%)	before first round	–	unknown	D	0%
1 Jul 2016	$7.15M	$2.60M – $19.6M	$9.80M (+37%)	before first round	–	unknown	D	0%
1 Aug 2016	$7.34M	$2.67M – $20.2M	$10.1M (+37%)	before first round	–	unknown	D	0%
1 Sep 2016	$7.54M	$2.74M – $20.7M	$10.3M (+37%)	before first round	–	unknown	D	0%
1 Oct 2016	$7.74M	$2.82M – $21.3M	$10.6M (+37%)	before first round	–	unknown	D	0%
1 Nov 2016	$7.95M	$2.89M – $21.8M	$10.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2016	$8.16M	$2.97M – $22.4M	$11.2M (+37%)	before first round	–	unknown	D	0%
1 Jan 2017	$8.37M	$3.05M – $23.0M	$11.5M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$8.60M	$3.13M – $23.6M	$11.8M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$8.81M	$3.21M – $24.2M	$12.1M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$9.05M	$3.29M – $24.9M	$12.4M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$9.29M	$3.38M – $25.5M	$12.7M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$9.54M	$3.47M – $26.2M	$13.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$9.79M	$3.56M – $26.9M	$13.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$10.1M	$3.66M – $27.6M	$13.8M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$10.3M	$3.76M – $28.4M	$14.2M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$10.6M	$3.86M – $29.1M	$14.5M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$10.9M	$3.96M – $29.9M	$14.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$11.2M	$4.07M – $30.7M	$15.3M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$11.5M	$4.18M – $31.5M	$15.7M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$11.8M	$4.29M – $32.4M	$16.2M (+37%)	before first round	–	unknown	D	0%
8 Feb 2018	$61.2M	$40.2M – $167M	$110M (+80%)	after a round	–	unknown	C	0%
1 Mar 2018	$63.3M	$40.2M – $167M	$110M (+74%)	after a round	–	unknown	C	0%
1 Apr 2018	$66.6M	$40.2M – $167M	$110M (+65%)	after a round	–	unknown	C	0%
1 May 2018	$69.8M	$40.2M – $167M	$110M (+57%)	after a round	–	unknown	C	0%
1 Jun 2018	$73.4M	$40.2M – $167M	$110M (+50%)	after a round	–	unknown	C	0%
1 Jul 2018	$77.0M	$40.2M – $167M	$110M (+43%)	after a round	–	unknown	C	0%
1 Aug 2018	$81.0M	$40.2M – $167M	$110M (+36%)	after a round	–	unknown	C	0%
1 Sep 2018	$85.1M	$40.2M – $167M	$110M (+29%)	after a round	–	unknown	C	0%
1 Oct 2018	$89.3M	$40.2M – $167M	$110M (+23%)	after a round	–	unknown	C	0%
1 Nov 2018	$93.9M	$40.2M – $167M	$110M (+17%)	after a round	–	unknown	C	0%
1 Dec 2018	$98.6M	$40.2M – $167M	$110M (+12%)	after a round	–	unknown	C	0%
1 Jan 2019	$104M	$40.2M – $167M	$110M (+6%)	after a round	–	unknown	C	0%
1 Feb 2019	$109M	$40.2M – $167M	$110M (+1%)	after a round	–	unknown	C	0%
1 Mar 2019	$110M	$38.7M – $167M	$110M (0%)	after a round	–	unknown	C	0%
1 Apr 2019	$110M	$36.8M – $167M	$110M (0%)	after a round	–	unknown	C	0%
1 May 2019	$110M	$35.0M – $167M	$110M (0%)	after a round	–	unknown	C	0%
1 Jun 2019	$110M	$33.3M – $167M	$110M (0%)	after a round	–	unknown	C	0%
1 Jul 2019	$110M	$31.7M – $167M	$110M (0%)	after a round	–	unknown	C	0%
1 Aug 2019	$110M	$30.1M – $167M	$110M (0%)	after a round	–	unknown	C	0%
6 Aug 2019	$110M	$77.5M – $234M	$165M (+50%)	after a round	–	unknown	B	0%
1 Sep 2019	$113M	$77.5M – $234M	$165M (+46%)	after a round	–	unknown	B	0%
1 Oct 2019	$117M	$77.5M – $234M	$165M (+41%)	after a round	–	unknown	B	0%
1 Nov 2019	$121M	$77.5M – $234M	$165M (+36%)	after a round	–	unknown	B	0%
1 Dec 2019	$125M	$77.5M – $234M	$165M (+32%)	after a round	–	unknown	B	0%
1 Jan 2020	$130M	$77.5M – $234M	$165M (+27%)	after a round	–	unknown	B	0%
1 Feb 2020	$134M	$77.5M – $234M	$165M (+23%)	after a round	–	unknown	B	0%
1 Mar 2020	$139M	$77.5M – $234M	$165M (+19%)	after a round	–	unknown	B	0%
1 Apr 2020	$144M	$77.5M – $234M	$165M (+15%)	after a round	–	unknown	B	0%
1 May 2020	$148M	$77.5M – $234M	$165M (+11%)	after a round	–	unknown	B	0%
21 May 2020	$91.0M	$59.7M – $180M	$118M (+30%)	after a round	–	unknown	B	0%
1 Jun 2020	$91.7M	$59.7M – $180M	$118M (+29%)	after a round	–	unknown	B	0%
1 Jul 2020	$93.7M	$59.7M – $180M	$118M (+26%)	after a round	–	unknown	B	0%
1 Aug 2020	$95.8M	$59.7M – $180M	$118M (+23%)	after a round	–	unknown	B	0%
1 Sep 2020	$98.0M	$59.7M – $180M	$118M (+21%)	after a round	–	unknown	B	0%
1 Oct 2020	$100M	$59.7M – $180M	$118M (+18%)	after a round	–	unknown	B	0%
1 Nov 2020	$102M	$59.7M – $180M	$118M (+15%)	after a round	–	unknown	B	0%
1 Dec 2020	$105M	$59.7M – $180M	$118M (+13%)	after a round	–	unknown	B	0%
1 Jan 2021	$107M	$59.7M – $180M	$118M (+11%)	after a round	180	unknown	B	0%
1 Feb 2021	$109M	$59.7M – $180M	$118M (+8%)	after a round	180	unknown	B	0%
1 Mar 2021	$112M	$59.7M – $180M	$118M (+6%)	after a round	180	unknown	B	0%
1 Apr 2021	$114M	$59.7M – $180M	$118M (+4%)	after a round	180	flat	B	0%
1 May 2021	$117M	$59.7M – $180M	$118M (+1%)	after a round	180	flat	B	0%
1 Jun 2021	$118M	$58.7M – $180M	$118M (0%)	after a round	180	flat	B	0%
1 Jul 2021	$118M	$56.1M – $180M	$118M (0%)	after a round	180	flat	B	0%
1 Aug 2021	$118M	$53.6M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Sep 2021	$118M	$51.1M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Oct 2021	$118M	$48.9M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Nov 2021	$118M	$46.7M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Dec 2021	$118M	$44.6M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Jan 2022	$118M	$42.6M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Feb 2022	$118M	$40.7M – $180M	$118M (0%)	after a round	180	flat	C	0%
1 Mar 2022	$118M	$62.9M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Apr 2022	$118M	$63.3M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 May 2022	$118M	$63.6M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Jun 2022	$118M	$60.7M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Jul 2022	$118M	$60.8M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Aug 2022	$118M	$60.8M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Sep 2022	$118M	$60.9M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Oct 2022	$118M	$61.0M – $180M	$118M (0%)	after a round	570	growing	B	0%
1 Nov 2022	$118M	$25.0M – $180M	$118M (0%)	after a round	570	unknown	C	0%
1 Dec 2022	$118M	$23.8M – $180M	$118M (0%)	after a round	570	unknown	D	0%
1 Jan 2023	$118M	$22.6M – $180M	$118M (0%)	after a round	570	unknown	D	0%
1 Feb 2023	$118M	$21.5M – $180M	$118M (0%)	after a round	570	unknown	D	0%
1 Mar 2023	$118M	$20.5M – $180M	$118M (0%)	after a round	570	unknown	D	0%
1 Apr 2023	$118M	$19.5M – $180M	$118M (0%)	after a round	570	unknown	D	0%
1 May 2023	$118M	$38.6M – $180M	$116M (-2%)	after a round	730	up	C	0%
1 Jun 2023	$118M	$30.0M – $180M	$116M (-2%)	after a round	730	up	C	0%
1 Jul 2023	$118M	$29.0M – $180M	$116M (-2%)	after a round	730	up	C	0%
1 Aug 2023	$118M	$28.1M – $179M	$116M (-2%)	after a round	730	up	C	0%
1 Sep 2023	$118M	$27.2M – $179M	$116M (-2%)	after a round	730	up	C	0%
1 Oct 2023	$118M	$14.5M – $180M	$118M (0%)	after a round	730	unknown	D	0%
1 Nov 2023	$118M	$13.7M – $180M	$118M (0%)	after a round	730	unknown	D	0%
1 Dec 2023	$118M	$13.1M – $180M	$118M (0%)	after a round	730	unknown	D	0%
1 Jan 2024	$118M	$12.4M – $180M	$118M (0%)	after a round	730	unknown	D	0%
1 Feb 2024	$111M	$11.8M – $169M	$102M (-8%)	after a round	760	flat	D	0%
1 Mar 2024	$111M	$11.3M – $168M	$101M (-8%)	after a round	760	flat	D	0%
1 Apr 2024	$110M	$10.7M – $167M	$101M (-8%)	after a round	760	flat	D	0%
1 May 2024	$109M	$10.2M – $166M	$100M (-8%)	after a round	760	flat	D	0%
1 Jun 2024	$108M	$9.68M – $165M	$99.2M (-8%)	after a round	760	flat	D	0%
1 Jul 2024	$107M	$9.22M – $163M	$98.5M (-8%)	after a round	760	flat	D	0%
18 Jul 2024	$1.3B	$1.2B – $1.7B	$1.5B (+10%)	after a round	760	flat	A	0%
1 Aug 2024	$1.3B	$1.2B – $1.7B	$1.5B (+10%)	after a round	760	flat	A	0%
1 Sep 2024	$1.3B	$1.2B – $1.7B	$1.5B (+9%)	after a round	760	flat	A	0%
1 Oct 2024	$1.4B	$1.2B – $1.7B	$1.5B (+8%)	after a round	760	flat	A	0%
1 Nov 2024	$1.4B	$1.2B – $1.7B	$1.5B (+7%)	after a round	750	flat	A	0%
1 Dec 2024	$1.4B	$1.2B – $1.7B	$1.4B (+5%)	after a round	750	flat	A	6%
1 Jan 2025	$1.4B	$1.2B – $1.7B	$1.4B (+4%)	after a round	750	flat	A	6%
1 Feb 2025	$1.4B	$1.2B – $1.7B	$1.4B (+3%)	after a round	750	flat	A	6%
1 Mar 2025	$1.4B	$1.2B – $1.7B	$1.4B (+2%)	after a round	750	flat	A	6%
1 Apr 2025	$1.4B	$1.2B – $1.7B	$1.4B (+1%)	after a round	750	flat	A	6%
1 May 2025	$1.4B	$1.2B – $1.7B	$1.4B (0%)	after a round	750	flat	A	6%
1 Jun 2025	$1.4B	$1.2B – $1.7B	$1.4B (-1%)	after a round	750	flat	A	6%
1 Jul 2025	$1.5B	$1.2B – $1.7B	$1.4B (-1%)	after a round	784	flat	A	5%
1 Aug 2025	$1.5B	$1.1B – $1.7B	$1.4B (-2%)	after a round	787	flat	A	5%
5 Aug 2025	$625M	$411M – $1.2B	$812M (+30%)	after a round	787	flat	B	0%
1 Sep 2025	$638M	$409M – $1.2B	$809M (+27%)	after a round	773	flat	B	0%
1 Oct 2025	$651M	$409M – $1.2B	$809M (+24%)	after a round	773	flat	B	0%
1 Nov 2025	$3.0B	$2.6B – $4.5B	$3.9B (+30%)	after a round	777	flat	A	0%
1 Dec 2025	$3.1B	$2.6B – $4.5B	$3.9B (+27%)	after a round	777	flat	A	0%
1 Jan 2026	$3.1B	$2.6B – $4.5B	$3.9B (+24%)	after a round	777	flat	A	0%
1 Feb 2026	$3.2B	$2.6B – $4.5B	$3.9B (+22%)	after a round	777	flat	A	0%
1 Mar 2026	$3.3B	$2.6B – $4.5B	$3.9B (+19%)	after a round	777	flat	A	0%
1 Apr 2026	$3.3B	$2.6B – $4.5B	$3.9B (+17%)	after a round	777	flat	A	0%
1 May 2026	$3.4B	$2.6B – $4.5B	$3.9B (+15%)	after a round	817	flat	A	0%
1 Jun 2026	$3.5B	$2.6B – $4.5B	$3.9B (+12%)	after a round	817	flat	A	0%
1 Jul 2026	$3.6B	$2.6B – $4.5B	$3.9B (+10%)	after a round	817	flat	A	0%
1 Aug 2026	$3.7B	$2.6B – $4.6B	$4.0B (+7%)	after a round	860	flat	A	0%
1 Sep 2026	$3.8B	$2.6B – $4.6B	$4.0B (+5%)	after a round	860	flat	A	0%
1 Oct 2026	$3.9B	$2.6B – $4.7B	$4.0B (+3%)	after a round	916	up	A	0%
24 Oct 2026	$4.0B	$2.6B – $4.7B	$4.0B (+1%)	after a round	916	up	A	0%

Key facts about Human Interest

Founded: 2015
Headquarters: San Francisco, United States
Employees: about 916 +19% in a year
Total raised: $428M
Funding rounds: 6
Last round: Series F Oct 2025

Human Interest was founded in 2015 by Paul Sawaya and Roger Lee.

Human Interest funding history

Human Interest has 6 funding rounds on record, from Feb 2018 to Oct 2025, $428M in total. The latest disclosed valuation is $3.00B post-money (Series F, Oct 2025).

Series F 31 Oct 2025
With Baillie Gifford, BlackRock, Marshall Wace, Morgan Stanley, TPG.
Sources: axios.com
$100M
$3.00B post-money
Series E 4 Aug 2025
With Morgan Stanley Tactical Value.
Sources: globenewswire.com, morganstanley.com, 401kspecialistmag.com and 2 more
$50M
Growth Equity 17 Jul 2024
Led by Baillie Gifford, Marshall Wace.
Sources: alleywatch.com, siliconangle.com, planadviser.com and 3 more
$242M
$1.33B post-money
Series C 20 May 2020
Led by Glynn Capital; with Oberndorf Enterprises LLC.
Sources: techcrunch.com, wing.vc
$10M
Series B 5 Aug 2019
Led by US Venture Partners; with Wing Venture Capital, Uncork Capital, Slow Ventures.
Sources: prnewswire.com, humaninterest.com, research.g2.com and 2 more
$15M
Series A 7 Feb 2018
Led by Wing Venture Capital; with Y Combinator, Uncork Capital, SV Angel, Tuesday Capital, Slow Ventures, Susa Ventures, FundersClub, Adam Nash. Individuals: Adam Nash, Paul Buchheit, Justin Kan, Michael Siebel, Jared Friedman, Jacob Gibson, Greg Brockman, Joe Montana.
Sources: prnewswire.com, techcrunch.com, wing.vc and 1 more
$11M

Human Interest investors

18 investors have backed Human Interest; Baillie Gifford, Marshall Wace and Wing Venture Capital and 2 more led at least one round.

Baillie Gifford lead, 2 rounds
Marshall Wace lead, 2 rounds
Adam Nash
BlackRock
Morgan Stanley
Morgan Stanley Tactical Value
Oberndorf Enterprises LLC
SV Angel
TPG
Y Combinator

What Human Interest does

Human Interest works in retirement planning, with 14 recorded offerings and customers in financial services.

Human Interest Inc. is an American financial services company that provides retirement plan solutions, including 401(k) and 403(b) plans, safe harbor plans, profit-sharing plans, and IRA accounts. The company also offers payroll integration, audit relief, and investment advisory services through its subsidiary, Human Interest Advisors LLC, a Registered Investment Adviser. Human Interest serves small and medium-sized businesses and their employees, with a focus on simplifying retirement savings administration and compliance.

Description from Veridion's company data.

Products and services

Retirement Plan Administration Services
401(k) Plan Administration Services
403(b) Plan Administration Services
Safe Harbor Plan Administration Services
Profit-Sharing Plan Administration Services
IRA Account Administration Services
Payroll Integration Services
Retirement Plan Audit Relief Services
Investment Advisory Services
Retirement Plan Technology Solutions
Retirement Plan Customization Services
Retirement Plan Compliance Services
Mobile Retirement Plan Management Services
Retirement Savings Accessibility Services

Markets

Financial Services

Business model

Business-to-Business
Business-to-Consumer
Service Provider
Software-as-a-Service
Subscription-Based

Industry codes (NAICS)

523999 Miscellaneous Financial Investment Activities 75% match
523940 Portfolio Management and Investment Advice 25% match

Questions about Human Interest

What is Human Interest worth?

Valuation $4.0B (range $2.6B to $4.7B), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Series F, Oct 2025).

Has Human Interest raised money?

Human Interest has 6 funding rounds on record, from Feb 2018 to Oct 2025, $428M in total. The latest disclosed valuation is $3.00B post-money (Series F, Oct 2025).

Who has invested in Human Interest?

Baillie Gifford, Marshall Wace, Wing Venture Capital, Glynn Capital, US Venture Partners and Slow Ventures, and 12 more. Lead investors include Baillie Gifford, Marshall Wace, Wing Venture Capital and Glynn Capital.

How many people work at Human Interest?

About 916, up 19% over the last year. Headcount grew from 180 in Jan 2021 to 916 in Sep 2026.

What does Human Interest do?

Human Interest works in retirement planning, with 14 recorded offerings and customers in financial services. Its main offerings are retirement plan administration services, 401(k) plan administration services and 403(b) plan administration services.

When was Human Interest founded, and where is it based?

Human Interest was founded in 2015 and is based in San Francisco, United States. It has about 916 employees, up 19% over the last year.

How we value companies Report an issue

Human Interest valuation, funding and investors

Human Interest valuation today

Key facts about Human Interest

Human Interest funding history

Series F 31 Oct 2025

Series E 4 Aug 2025

Growth Equity 17 Jul 2024

Series C 20 May 2020

Series B 5 Aug 2019

Series A 7 Feb 2018