Vestwell valuation, funding and investors

Vestwell works in digital savings platform development, based in New York, United States. Founded in 2016, it has about 609 employees.

Investment Consultants & Financial Advisors New York Series E

VALUATION · TODAY

$2.40B +8% after Series E

Range $1.74B – $3.00B · Grade A

TODAY

+12 MO

$1.00B

$2.00B

$3.00B

$4.00B

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Seed $4.50M

Series A $8.00M

Series B $30.0M

Series C $70.0M

Series D $125M

Series E $385M

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

HEADCOUNT · TODAY609 employees

+11%6m growth

+37%1y growth

+38%2y growth

250

500

750

Data from Apr 2022

TODAY

Predicted in 1 yr $2.58B +8% vs today

Predicted next raise $293M if a round comes

Winding-down probability 7%

Last round: Series E · $385M · Feb 2026
Valuation at last round: $2.00B
Headcount: 609 · growing
Grade: A
Founded: 2016

How VCMC values companies →

Vestwell valuation today

VCMC values Vestwell at $2.4B today, with a range of $1.7B to $3.0B and a grade of A. The valuation starts from its last funding round, a Series E round in Feb 2026.

Valuation by date (137 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.

Vestwell: 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 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	$18.0M	$11.8M – $54.8M	$36.0M (+100%)	after a round	–	unknown	C	0%
2 Sep 2016	$18.0M	$11.8M – $54.8M	$36.0M (+100%)	after a round	–	unknown	C	0%
1 Oct 2016	$19.1M	$11.8M – $54.8M	$36.0M (+89%)	after a round	–	unknown	C	0%
1 Nov 2016	$20.2M	$11.8M – $54.8M	$36.0M (+78%)	after a round	–	unknown	C	0%
1 Dec 2016	$21.4M	$11.8M – $54.8M	$36.0M (+68%)	after a round	–	unknown	C	0%
1 Jan 2017	$22.7M	$11.8M – $54.8M	$36.0M (+59%)	after a round	–	unknown	C	0%
1 Feb 2017	$24.1M	$11.8M – $54.8M	$36.0M (+50%)	after a round	–	unknown	C	0%
1 Mar 2017	$25.4M	$11.8M – $54.8M	$36.0M (+42%)	after a round	–	unknown	C	0%
1 Apr 2017	$26.9M	$11.8M – $54.8M	$36.0M (+34%)	after a round	–	unknown	C	0%
1 May 2017	$28.5M	$11.8M – $54.8M	$36.0M (+26%)	after a round	–	unknown	C	0%
1 Jun 2017	$30.2M	$11.8M – $54.8M	$36.0M (+19%)	after a round	–	unknown	C	0%
1 Jul 2017	$32.0M	$11.8M – $54.8M	$36.0M (+13%)	after a round	–	unknown	C	0%
1 Aug 2017	$33.9M	$11.8M – $54.8M	$36.0M (+6%)	after a round	–	unknown	C	0%
1 Sep 2017	$36.0M	$11.8M – $54.8M	$36.0M (0%)	after a round	–	unknown	C	0%
1 Oct 2017	$36.0M	$11.3M – $54.8M	$36.0M (0%)	after a round	–	unknown	C	0%
3 Oct 2017	$41.6M	$29.3M – $106M	$74.8M (+80%)	after a round	–	unknown	C	0%
1 Nov 2017	$43.6M	$29.3M – $106M	$74.8M (+72%)	after a round	–	unknown	C	0%
1 Dec 2017	$45.8M	$29.3M – $106M	$74.8M (+63%)	after a round	–	unknown	C	0%
1 Jan 2018	$48.1M	$29.3M – $106M	$74.8M (+55%)	after a round	–	unknown	C	0%
1 Feb 2018	$50.6M	$29.3M – $106M	$74.8M (+48%)	after a round	–	unknown	C	0%
1 Mar 2018	$52.9M	$29.3M – $106M	$74.8M (+41%)	after a round	–	unknown	C	0%
1 Apr 2018	$55.6M	$29.3M – $106M	$74.8M (+35%)	after a round	–	unknown	C	0%
1 May 2018	$58.4M	$29.3M – $106M	$74.8M (+28%)	after a round	–	unknown	C	0%
1 Jun 2018	$61.3M	$29.3M – $106M	$74.8M (+22%)	after a round	–	unknown	C	0%
1 Jul 2018	$64.4M	$29.3M – $106M	$74.8M (+16%)	after a round	–	unknown	C	0%
1 Aug 2018	$67.7M	$29.3M – $106M	$74.8M (+11%)	after a round	–	unknown	C	0%
1 Sep 2018	$71.1M	$29.3M – $106M	$74.8M (+5%)	after a round	–	unknown	C	0%
1 Oct 2018	$74.6M	$29.3M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Nov 2018	$74.8M	$27.9M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Dec 2018	$74.8M	$26.5M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Jan 2019	$74.8M	$25.2M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Feb 2019	$74.8M	$24.0M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Mar 2019	$74.8M	$22.9M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
1 Apr 2019	$74.8M	$21.8M – $106M	$74.8M (0%)	after a round	–	unknown	C	0%
3 Apr 2019	$165M	$116M – $350M	$247M (+50%)	after a round	–	unknown	B	0%
1 May 2019	$170M	$116M – $350M	$247M (+45%)	after a round	–	unknown	B	0%
1 Jun 2019	$176M	$116M – $350M	$247M (+40%)	after a round	–	unknown	B	0%
1 Jul 2019	$182M	$116M – $350M	$247M (+36%)	after a round	–	unknown	B	0%
1 Aug 2019	$188M	$116M – $350M	$247M (+31%)	after a round	–	unknown	B	0%
1 Sep 2019	$195M	$116M – $350M	$247M (+27%)	after a round	–	unknown	B	0%
1 Oct 2019	$201M	$116M – $350M	$247M (+23%)	after a round	–	unknown	B	0%
1 Nov 2019	$209M	$116M – $350M	$247M (+18%)	after a round	–	unknown	B	0%
1 Dec 2019	$216M	$116M – $350M	$247M (+15%)	after a round	–	unknown	B	0%
1 Jan 2020	$223M	$116M – $350M	$247M (+11%)	after a round	–	unknown	B	0%
1 Feb 2020	$231M	$116M – $350M	$247M (+7%)	after a round	–	unknown	B	0%
1 Mar 2020	$239M	$116M – $350M	$247M (+4%)	after a round	–	unknown	B	0%
1 Apr 2020	$247M	$116M – $350M	$247M (0%)	after a round	–	unknown	B	0%
1 May 2020	$247M	$111M – $350M	$247M (0%)	after a round	–	unknown	B	0%
1 Jun 2020	$247M	$106M – $350M	$247M (0%)	after a round	–	unknown	B	0%
1 Jul 2020	$247M	$102M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Aug 2020	$247M	$97.5M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Sep 2020	$247M	$93.3M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Oct 2020	$247M	$89.4M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Nov 2020	$247M	$85.5M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Dec 2020	$247M	$82.0M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Jan 2021	$247M	$78.4M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Feb 2021	$247M	$75.0M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Mar 2021	$247M	$72.1M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Apr 2021	$247M	$69.0M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 May 2021	$247M	$60.7M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Jun 2021	$247M	$57.6M – $350M	$247M (0%)	after a round	–	unknown	C	0%
1 Jul 2021	$247M	$54.9M – $350M	$247M (0%)	after a round	–	unknown	C	0%
21 Jul 2021	$570M	$402M – $1.1B	$741M (+30%)	after a round	–	unknown	B	0%
1 Aug 2021	$575M	$402M – $1.1B	$741M (+29%)	after a round	–	unknown	B	0%
1 Sep 2021	$588M	$402M – $1.1B	$741M (+26%)	after a round	–	unknown	B	0%
1 Oct 2021	$600M	$402M – $1.1B	$741M (+23%)	after a round	–	unknown	B	0%
1 Nov 2021	$614M	$402M – $1.1B	$741M (+21%)	after a round	–	unknown	B	0%
1 Dec 2021	$627M	$402M – $1.1B	$741M (+18%)	after a round	–	unknown	B	0%
1 Jan 2022	$642M	$402M – $1.1B	$741M (+15%)	after a round	–	unknown	B	0%
1 Feb 2022	$656M	$402M – $1.1B	$741M (+13%)	after a round	–	unknown	B	0%
1 Mar 2022	$669M	$402M – $1.1B	$741M (+11%)	after a round	–	unknown	B	0%
1 Apr 2022	$684M	$402M – $1.1B	$741M (+8%)	after a round	230	unknown	B	0%
1 May 2022	$699M	$402M – $1.1B	$741M (+6%)	after a round	230	unknown	B	0%
1 Jun 2022	$715M	$402M – $1.1B	$741M (+4%)	after a round	230	unknown	B	0%
1 Jul 2022	$731M	$402M – $1.1B	$741M (+1%)	after a round	230	unknown	B	0%
1 Aug 2022	$741M	$395M – $1.1B	$741M (0%)	after a round	230	unknown	B	0%
1 Sep 2022	$741M	$377M – $1.1B	$741M (0%)	after a round	230	unknown	B	0%
1 Oct 2022	$741M	$360M – $1.1B	$741M (0%)	after a round	230	unknown	B	0%
1 Nov 2022	$741M	$344M – $1.1B	$741M (0%)	after a round	230	unknown	B	0%
1 Dec 2022	$741M	$329M – $1.1B	$741M (0%)	after a round	230	unknown	B	0%
1 Jan 2023	$741M	$378M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Feb 2023	$741M	$374M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Mar 2023	$741M	$370M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Apr 2023	$741M	$366M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 May 2023	$741M	$362M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Jun 2023	$741M	$358M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Jul 2023	$741M	$354M – $1.1B	$741M (0%)	after a round	280	up	B	0%
1 Aug 2023	$741M	$319M – $1.1B	$740M (0%)	after a round	280	up	B	0%
1 Sep 2023	$741M	$313M – $1.1B	$738M (0%)	after a round	280	up	C	0%
1 Oct 2023	$741M	$409M – $1.1B	$741M (0%)	after a round	320	growing	B	0%
1 Nov 2023	$741M	$301M – $1.1B	$729M (-2%)	after a round	320	up	C	0%
1 Dec 2023	$741M	$296M – $1.1B	$726M (-2%)	after a round	320	up	C	0%
22 Dec 2023	$1.5B	$1.0B – $2.7B	$1.9B (+30%)	after a round	320	up	B	0%
1 Jan 2024	$1.5B	$1.0B – $2.7B	$1.9B (+29%)	after a round	320	up	B	0%
1 Feb 2024	$1.5B	$1.0B – $2.7B	$1.9B (+26%)	after a round	320	up	B	0%
1 Mar 2024	$1.5B	$1.0B – $2.7B	$1.9B (+24%)	after a round	370	up	B	0%
1 Apr 2024	$1.6B	$1.0B – $2.7B	$1.9B (+21%)	after a round	370	up	B	0%
1 May 2024	$1.6B	$1.0B – $2.7B	$1.9B (+18%)	after a round	370	up	B	0%
1 Jun 2024	$1.6B	$1.0B – $2.7B	$1.9B (+16%)	after a round	370	up	B	0%
1 Jul 2024	$1.7B	$1.1B – $2.8B	$1.9B (+15%)	after a round	420	growing	B	0%
1 Aug 2024	$1.7B	$1.1B – $2.8B	$2.0B (+12%)	after a round	440	growing	B	0%
1 Sep 2024	$1.8B	$1.1B – $2.8B	$2.0B (+9%)	after a round	440	growing	B	0%
1 Oct 2024	$1.8B	$1.1B – $2.8B	$2.0B (+7%)	after a round	440	growing	B	0%
1 Nov 2024	$1.9B	$1.1B – $2.8B	$2.0B (+4%)	after a round	450	growing	B	0%
1 Dec 2024	$1.9B	$1.1B – $2.8B	$2.0B (+2%)	after a round	450	growing	B	0%
1 Jan 2025	$2.0B	$1.1B – $2.8B	$2.0B (0%)	after a round	450	growing	B	0%
1 Feb 2025	$2.0B	$1.1B – $2.8B	$2.0B (0%)	after a round	450	growing	B	0%
1 Mar 2025	$2.0B	$1.1B – $2.8B	$2.0B (0%)	after a round	450	growing	B	0%
1 Apr 2025	$2.0B	$1.1B – $2.8B	$2.0B (0%)	after a round	450	growing	B	0%
1 May 2025	$2.0B	$1.0B – $2.8B	$2.0B (0%)	after a round	450	up	B	0%
1 Jun 2025	$2.0B	$1.0B – $2.8B	$2.0B (0%)	after a round	450	up	B	0%
1 Jul 2025	$2.0B	$997M – $2.8B	$2.0B (0%)	after a round	450	up	B	0%
1 Aug 2025	$2.0B	$976M – $2.8B	$2.0B (0%)	after a round	429	up	B	0%
1 Sep 2025	$2.0B	$965M – $2.8B	$2.0B (0%)	after a round	429	up	B	0%
1 Oct 2025	$2.0B	$697M – $2.8B	$2.0B (0%)	after a round	446	flat	C	0%
1 Nov 2025	$2.0B	$665M – $2.8B	$2.0B (0%)	after a round	446	flat	C	0%
1 Dec 2025	$2.0B	$636M – $2.8B	$2.0B (0%)	after a round	446	flat	C	0%
1 Jan 2026	$2.0B	$575M – $2.8B	$2.0B (0%)	after a round	446	flat	C	0%
1 Feb 2026	$1.9B	$546M – $2.8B	$1.8B (-4%)	after a round	446	flat	C	6%
19 Feb 2026	$2.0B	$1.7B – $2.9B	$2.5B (+26%)	after a round	446	flat	A	12%
1 Mar 2026	$2.0B	$1.7B – $2.9B	$2.5B (+25%)	after a round	446	flat	A	12%
1 Apr 2026	$2.1B	$1.7B – $2.9B	$2.5B (+23%)	after a round	549	up	A	11%
1 May 2026	$2.1B	$1.7B – $2.9B	$2.5B (+21%)	after a round	558	up	A	10%
1 Jun 2026	$2.1B	$1.7B – $2.9B	$2.5B (+18%)	after a round	558	up	A	9%
1 Jul 2026	$2.2B	$1.7B – $2.9B	$2.5B (+16%)	after a round	558	up	A	9%
1 Aug 2026	$2.2B	$1.7B – $3.0B	$2.6B (+14%)	after a round	583	growing	A	8%
1 Sep 2026	$2.3B	$1.7B – $3.0B	$2.6B (+12%)	after a round	583	growing	A	7%
1 Oct 2026	$2.4B	$1.7B – $3.0B	$2.6B (+10%)	after a round	609	growing	A	7%
24 Oct 2026	$2.4B	$1.7B – $3.0B	$2.6B (+8%)	after a round	609	growing	A	7%

Key facts about Vestwell

Founded: 2016
Headquarters: New York, United States
Employees: about 609 +37% in a year
Total raised: $623M
Funding rounds: 6
Last round: Series E Feb 2026

Vestwell was founded in 2016 by Aaron Schumm.

Vestwell funding history

Vestwell has 6 funding rounds on record, from Sep 2016 to Feb 2026, $623M in total. The latest disclosed valuation is $2.00B post-money (Series E, Feb 2026).

Series E 18 Feb 2026
Led by Blue Owl Capital, Sixth Street; with Neuberger Berman, SLW, Morgan Stanley, Franklin Templeton, TIAA Ventures, HarbourVest.
Sources: vestwell.com, prnewswire.com, fintechfutures.com and 2 more
$385M
$2.00B post-money
Series D 21 Dec 2023
Led by Lightspeed Venture Partners; with Fin Capital, Primary VC, FinTech Collective, Blue Owl Capital, HarbourVest.
Sources: vestwell.com, techcrunch.com, wealthmanagement.com
$125M
Series C 20 Jul 2021
Led by Wells Fargo Strategic Capital, Fin Capital; with Goldman Sachs, Morgan Stanley, Manulife, Point72 Ventures, Nationwide Ventures, Allianz Life Ventures, Northwestern Mutual, FinTech Collective, Greenspring Associates, Primary VC, Teamworthy Ventures, F-Prime Capital, Industry Ventures, Commerce Ventures.
Sources: vestwell.com, coverager.com, fintechfutures.com and 1 more
$70M
Series B 2 Apr 2019
Led by Goldman Sachs Principal Strategic Investments; with Point72 Ventures, Nationwide, Allianz Life Ventures, BNY Mellon, Franklin Templeton, F-Prime Capital, FinTech Collective, Primary VC, Commerce Ventures.
Sources: vestwell.com, prnewswire.com
$30M
Series A 2 Oct 2017
Led by F-Prime Capital Partners; with Primary VC, FinTech Collective, Commerce Ventures.
Sources: vestwell.com, finsmes.com, prnewswire.com
$8.0M
Seed 1 Sep 2016
Led by FinTech Collective; with F-Prime Capital, Primary VC, Commerce Ventures, NFX.
Sources: vestwell.com, fintech.io
$4.5M

Vestwell investors

32 investors have backed Vestwell; FinTech Collective, Blue Owl Capital and Fin Capital and 5 more led at least one round.

Blue Owl Capital lead, 2 rounds
F-Prime Capital Partners lead
Goldman Sachs Principal Strategic Investments lead
Lightspeed Venture Partners lead
Sixth Street lead
Wells Fargo Strategic Capital lead
Commerce Ventures 3 rounds
Allianz Life Ventures 2 rounds
F-Prime Capital 2 rounds
Franklin Templeton 2 rounds
HarbourVest 2 rounds
Morgan Stanley 2 rounds
BNY Mellon
Goldman Sachs
Greenspring Associates
Industry Ventures
Manulife
Nationwide
Nationwide Ventures
Neuberger Berman
Northwestern Mutual
Point72 Ventures
Point72 Ventures
SLW
TIAA Ventures

What Vestwell does

Vestwell works in investment consultants & financial advisors, with 13 recorded offerings and customers in financial services.

Vestwell Holdings Inc. is an American financial technology company that operates a digital savings platform and provides digital recordkeeping services. The company offers retirement, education, healthcare, emergency, and disability savings plans, as well as workplace saving and investing programs. Vestwell serves businesses, financial advisors, and individual savers, and integrates with payroll providers and government agencies. The company also manages public-sponsored savings programs and is certified for compliance with relevant regulations.

Description from Veridion's company data.

Products and services

Digital Savings Platform Development
Workplace Savings Plan Administration
Retirement Savings Account Administration
Education Savings Account Administration
Healthcare Savings Account Administration
Emergency Savings Account Administration
Disability Savings Account Administration
529 College Savings Plan Administration
ABLE Account Administration
IRA Account Administration
Payroll Integration Solutions
Multi-Language Platform Accessibility Services
Financial Advisor Platform Integration

Markets

Financial Services

Business model

Business-to-Business
Business-to-Consumer
Software-as-a-Service

Industry codes (NAICS)

522320 Financial Transactions Processing, Reserve, and Clearinghouse Activities 100% match

Questions about Vestwell

What is Vestwell worth?

Valuation $2.4B (range $1.7B to $3.0B), as of 24 Oct 2026. The last disclosed valuation was $2.00B (Series E, Feb 2026).

Has Vestwell raised money?

Vestwell has 6 funding rounds on record, from Sep 2016 to Feb 2026, $623M in total. The latest disclosed valuation is $2.00B post-money (Series E, Feb 2026).

Who has invested in Vestwell?

FinTech Collective, Blue Owl Capital, Fin Capital, F-Prime Capital Partners, Goldman Sachs Principal Strategic Investments and Lightspeed Venture Partners, and 26 more. Lead investors include FinTech Collective, Blue Owl Capital, Fin Capital and F-Prime Capital Partners.

How many people work at Vestwell?

About 609, up 37% over the last year. Headcount grew from 230 in Apr 2022 to 609 in Sep 2026.

What does Vestwell do?

Vestwell works in investment consultants & financial advisors, with 13 recorded offerings and customers in financial services. Its main offerings are digital savings platform development, workplace savings plan administration and retirement savings account administration.

When was Vestwell founded, and where is it based?

Vestwell was founded in 2016 and is based in New York, United States. It has about 609 employees, up 37% over the last year.

How we value companies Report an issue

Vestwell valuation, funding and investors

Vestwell valuation today

Key facts about Vestwell

Vestwell funding history

Series E 18 Feb 2026

Series D 21 Dec 2023

Series C 20 Jul 2021

Series B 2 Apr 2019

Series A 2 Oct 2017

Seed 1 Sep 2016