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San Francisco based online retirement planning software, Guideline, secured $7m in Series A financing led by Propel Venture Partners. The Series A financing will allow Guideline to continue its rapid growth. In 2016, the company added financial and technology professionals to its growing staff and successfully onboarded numerous clients who are looking for easy-to-administer retirement plans. The funds will be used to scale Guideline's proprietary platform and partnerships.
"Guideline reimagines retirement planning," said Guideline CEO Kevin Busque, co-founder of the successful online and mobile marketplace TaskRabbit. "Our structure, user experience, and pricing model reflect the needs of employers and employees in today's economy. We believe it is time to give employers the sleek, efficient, intuitive 401(k) plan their employees deserve. That's Guideline."
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