San Francisco based 401(k) platform for SMEs has raised a $21m Series B, led by Ribbit Capital with participation from prior investor Foundation Capital.
"At Ribbit Capital, our goal is to work with entrepreneurs intent on changing the world of finance and building impactful new financial brands," said Nick Shalek, General Partner at Ribbit Capital. "We view ForUsAll as a category-defining company bringing the power of technology, design and behavioral economics to an industry in desperate need of improvement..." "It's past time for a retirement solution that utilizes technology, financial innovation, and elegant design to help people achieve the financial security to enjoy their retirement," said Steve Vassallo, general partner at Foundation Capital. "We think ForUsAll is that solution, which is why we've been supporting the company since its earliest days and why we continue to be proud partners."