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Human Interest raises $200m in Series D funding

San Francisco based SMB 401(k) provider raised $200m in Series D funding led by The Rise Fund. 

“Promoting financial health is a core investment pillar for The Rise Fund. Human Interest delivers one of the most compelling solutions to the persistent problem that roughly half of Americans will not have enough savings when they reach retirement age,” said Maya Chorengel, co-managing partner at The Rise Fund, in a written statement. “Despite recent legislation, primarily at the state level, legacy programs have not, to date, produced the same participant outcomes as Human Interest.”

Tags

smb, wealth management, 401k