Baltimore based provider of financial and wealth management services intended to demystify and simplify financial planning process raised $25m in Series B funding led by Warburg Pincus.
“Facet has always been a primarily virtual company, and all of our client meetings have been done virtually since we started the company in 2016,” said CEO Anders Jones. “When we shut our office for COVID, it was business as usual the next day. Because we had solidified our position as a virtual first company, clients were naturally comfortable with us as a provider, while legacy players scrambled to catch up.”