“There are more than 31 million small businesses in the U.S., and many of them have historically experienced challenges in providing retirement benefits to employees due to the administrative burden and high costs, ... Vestwell’s modern, automated, and user-friendly platform uniquely positions them to help small businesses provide workplace savings programs to more people. We’re excited to lead this investment and support Vestwell’s continued growth.” said Tom Richardson, head of Principal Technology Investments at Wells Fargo Strategic Capital.

https://www.prweb.com/releases/vestwell_raises_70_million_in_series_c_funding_led_by_wells_fargo_strategic_capital_and_fin_venture_capital/prweb18076924.htm