[ad_1]
Good simply landed $95 million in funding for its financial savings and funding platform.
The Sequence E funding brings Good’s whole raised to $391 million.
At present’s funding will gas the corporate’s world enlargement and increase its retirement financial savings platform, Keystone.
World financial savings and funding platform Good has raked in $95 million in a Sequence E spherical this week. The London-based firm’s whole funding now sits at $391 million.
Aquiline Capital Companions led the spherical, adopted by present buyers Chrysalis Investments, Constancy Worldwide Strategic Ventures, DWS, Barclays, and Natixis Funding Managers.
Good, which presently operates in Europe, the U.S., the Center East, and Asia, will use right this moment’s funding to additional gas its world enlargement. The funding spherical can even assist finance acquisitions and increase its retirement financial savings know-how platform, Keystone.
Andrew Evans and Will Wynne co-founded Good in 2014 after the U.Ok. launched its office pension auto enrollment requirement. The corporate serves multiple million finish customers and 70,000 employers. Good’s flagship product, Keystone, is a retirement platform-as-a-service that provides corporations infrastructure to supply workers digital retirement financial savings instruments.
“Good’s distinct retirement know-how management coupled with Aquiline’s deep expertise within the retirement know-how trade makes this a compelling funding, as does the rising world want for higher retirement saving know-how,” stated Aquiline Chairman and CEO Jeff Greenberg. “Good has persistently delivered spectacular business development, and is backed by an array of top-tier buyers whom we’re delighted to affix. Below the management of Andrew and Will, we now have each confidence that Good is a multi-billion pound firm within the making.”
Primarily based on the corporate’s development, it’s obvious that Good has struck a nerve with its world consumer base. The corporate noticed revenues prime $83 million £67 million final 12 months, which was a 65% enhance over 2021. Earlier this 12 months, The Monetary Occasions ranked Good amongst Europe’s fastest-growing corporations. Good presently has over $6.9 billion (£5.5 billion) in property beneath administration on its platform and expects to exceed $12.5 billion (£10 billion) by the top of subsequent month.
Picture by MART PRODUCTION
Associated
[ad_2]
Source link
