Quantcast

AlleyWatch

The Pulse of New York Tech

Capitalize

Capitalize is a fintech company that helps people save for and manage their retirement accounts. Founded by Christopher Phillips and Gaurav Sharma in 2019, Capitalize is backed by investors that include RRE Ventures, Greycroft, Bling Capital, Canapi Ventures, and Walkabout Ventures and is headquartered in New York.

FOUNDED:
2019
INDUSTRY:
Finance, Financial Services, FinTech
FOUNDERS:
Christopher Phillips, Gaurav Sharma

The Weekly Notable Startup Funding Report: 2/15/21

by

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 2/13/21 featuring funding details for SplashLearn, Mighty Buildings, Fabric, and fifteen other rounds that you must know about.

Capitalize Raises $2M to Make Rolling Over 401k Retirement Accounts Seamless

by

What happens to your 401k when you leave a company for a new job? An overwhelming number of employees forget about their 401ks or cash out prematurely during a job change thanks to the administrative hassle. Capitalize, dubbed the “TurboTax for rollovers”, automates the transfer process so people can confidently choose a new retirement account and keep their accrued benefits. The model allows it to offer its services completely for free to the user while earning a commission on the back-end from the new IRA provider. AlleyWatch caught up with CEO and Cofounder Gaurav Sharma to learn more about how Capitalize reduces the friction encountered during account transfers through technology, the company’s future plans, and recent funding round from investors that include Bling Capital, Greycroft, RRE Ventures, and Walkabout Ventures

You are seconds away from signing up for the hottest list in New York Tech!

Join the millions and keep up with the stories shaping entrepreneurship. Sign up today.

Close this popup