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Retirement tech startup Human Interest has achieved a $1.33 billion valuation following a new deal. The company, which provides 401(k) plans for small and medium-sized businesses (SMBs) and aims to reduce administrative and compliance burdens, raised $267 million in equity and debt in a Series D round. The financing round was led by Marshall Wace and Baillie Gifford, with participation from Uncork Capital, which has been backing the company since 2015 when it was known as Captain401.
Sources: Coatue, Alkeon Capital, General Catalyst and others have invested in Figma as part of a deal valuing it at $12.5B; Figma is delivering ARR of $700M+ (Bloomberg) https://t.co/FzlTqDyGgX 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/wOiuZutPyc
From Captain401 to @humaninteresthq: what a journey! Proud to have backed this team since 2015 as they transform retirement benefits for SMBs. Congrats on the $267M raise! https://t.co/aZDEnHZxCS
Congratulations to our portfolio company Human Interest on raising $267M in fresh financing led by Marshall Wace and Baillie Gifford. Uncork led their seed in 2015 (back when they were called Captain401 🤓) and have participated in each subsequent round 🚀…