NYC Tech News for the week ending 10/3 features news for Doji, Capitalize, Homer, and much more…
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
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/29/2020 featuring funding details for ButterflyMX, Buzzer, and much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/7/2020 featuring funding details for Spot & Tango, Capitalize, and much more.