What is Human Interest?
Headquartered in San Francisco, Human Interest provides a comprehensive, technology-driven platform designed to simplify retirement planning for businesses that have historically lacked access to such benefits. By integrating 401(k) and 403(b) administration with automated investment advisory services, the company bridges the gap between complex financial compliance and employee accessibility. Its market position is defined by a commitment to financial independence, leveraging software to reduce the administrative burden on employers while providing employees with a seamless path toward long-term savings.
How much funding has Human Interest raised?
Human Interest has raised a total of $601.9M across 6 funding rounds:
Angel/Seed
$3.5M
Series A
$11M
Series B
$15.4M
Series C
$105M
Series D
$200M
Series E
$267M
Angel/Seed (2016): $3.5M with participation from SV Angel, Slow Ventures, FundersClub, SoftTech VC, Soma Capital, and Susa Ventures
Series A (2018): $11M led by Wing Capital Group
Series B (2019): $15.4M supported by Wing VC, Uncork Capital, Slow Ventures, and U.S. Venture Partners
Series C (2021): $105M featuring NewView Capital, Oberndorf Enterprises, and GLYNN CAPITAL MANAGEMENT LLC
Series D (2021): $200M backed by SoftBank Vision Fund 2 and The Rise Fund
Series E (2024): $267M with participation from Marshall Wace and Baillie Gifford
Key Investors in Human Interest
Marshall Wace
Marshall Wace LLP is a global alternative investment manager specializing in long/short equity. The company was founded in 1997 and is headquartered in London, United Kingdom.
Baillie Gifford
Baillie Gifford is an investment management firm that specializes in giving investment advice. Baillie Gifford was founded in Edinburgh in 1908 and still has its headquarters in the city.
The Rise Fund
The Rise Fund is an impact investing platform that focuses on investing in growth-stage, mission-driven companies aligned with the United Nations' Sustainable Development Goals.
What's next for Human Interest?
With the infusion of this latest capital, Human Interest is well-positioned to accelerate its product development and expand its market reach. The strategic focus will likely center on enhancing the scalability of its platform to accommodate a broader range of enterprise clients while maintaining the high service standards that have defined its growth. As the company matures, the emphasis will shift toward deepening its technological moat and potentially exploring new avenues for financial inclusion, ensuring that its retirement solutions remain competitive in an increasingly digital-first economy.
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