Funding round
Human Interest Growth
Reported as "Growth Equity"
Human Interest, which works in retirement plan administration services in San Francisco, raised $242M in a Growth round announced on 17 Jul 2024, led by Baillie Gifford and Marshall Wace, at a $1.33B post-money valuation. 2 firms took part. It is Human Interest's fourth venture round on record; the one before was a Series C in May 2020.
$242M
Amount raised
$1.33B
Post-money valuation
2
Investors
2 leads
18%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Human Interest at $1.33B after the new money. The $242M bought investors about 18% of the company. It came 50 months after Human Interest's Series C. It is 56% of the $428M Human Interest has raised in the venture rounds on record. Human Interest raised again 13 months later: a Series E round of $50M in Aug 2025. Its next priced round, a Series F in Oct 2025, valued it at $3.00B.
Human Interest's funding rounds
Human Interest has 6 venture rounds on record. This one is highlighted.
- Series A 7 Feb 2018, led by Wing Venture Capital $11M
- Series B 5 Aug 2019, led by US Venture Partners $15M
- Series C 20 May 2020, led by Glynn Capital $10M
- Growth this round 17 Jul 2024, led by Baillie Gifford and Marshall Wace $242M$1.33B post-money
- Series E 4 Aug 2025 $50M
- Series F 31 Oct 2025 $100M$3.00B post-money
Investors
Who put money in
Baillie Gifford and Marshall Wace led the round.
Lead investors
- Baillie Gifford new investor
- Marshall Wace new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, sales and marketing, scaling operations and working capital.
- Hiring
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Retirement Planning, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Retirement Planning | 18 Jul 2024 | $30M | not disclosed | CNL Strategic Capital LLC |
| team.blue Tech Companies | 10 Jul 2024 | $5.20B | not disclosed | CPP Investments |
| Flagship Pioneering Biotechnology | 10 Jul 2024 | $3.60B | not disclosed | not named |
| Tech Companies | 9 Jul 2024 | $350M | $5.10B | not named |
| Investment Consultants & Financial Advisors | 1 Jul 2024 | $285M | not disclosed | not named |
| Renewable energy companies | 10 Jul 2024 | $206M | not disclosed | not named |
| Video and Audio Production | 2 Jul 2024 | $200M | $2.00B | United Al Saqer Group |
| Investment Consultants & Financial Advisors | 1 Jul 2024 | $200M | not disclosed | Summit Partners and Silversmith Capital Partners |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Human Interest raise in its Growth round?
Human Interest raised $242M in its Growth round, announced in Jul 2024.
Who led Human Interest's Growth round?
Baillie Gifford and Marshall Wace led it.
What was Human Interest's valuation at the Growth round?
$1.33B post-money.
Did Human Interest raise again after this round?
Yes: a Series E round in Aug 2025 of $50M.