What is Jackson?
Headquartered in Lansing, Michigan, Jackson has been a pivotal force in the financial services industry since its inception in 1961. The company specializes in the development and distribution of annuity products, which are designed to provide reliable, long-term income streams for retirees. By focusing on financial freedom and retirement security, Jackson has established a robust market presence, catering to a diverse demographic of Americans seeking to mitigate longevity risk. Its business model is built upon a foundation of prudent risk management and a deep understanding of the evolving needs of the aging population, positioning it as a leader in the retirement services space.
How much funding has Jackson raised?
Jackson has raised a total of $503M across 4 funding rounds:
Unspecified
$1.4M
Unspecified
$873K
Corporate Investment
$500M
Debt
$718K
Unspecified (2013): $1.4M, investors not publicly disclosed
Unspecified (2014): $873K, investors not publicly disclosed
Corporate Investment (2020): $500M supported by Athene Holding Ltd.
Debt (2025): $718K featuring Gulf Coast Bank & Trust
Key Investors in Jackson
Gulf Coast Bank & Trust
A full-service financial institution providing a wide range of banking and investment services to individuals and businesses.
Athene Holding Ltd.
A leading retirement services company that issues, reinsures, and acquires retirement savings products.
Undisclosed Investor
An institutional partner participating in the strategic growth and capital development of the firm.
What's next for Jackson?
Looking ahead, the recent capital deployment is expected to catalyze further innovation in Jackson's annuity portfolio and digital service capabilities. With a focus on sustainable growth, the company is well-positioned to capitalize on the increasing demand for retirement income products. The strategic use of this debt financing suggests a proactive approach to managing capital structure, allowing Jackson to pursue growth initiatives while maintaining its core mission of providing financial security. As the firm continues to adapt to market shifts, its focus will likely remain on enhancing operational efficiency and expanding its distribution channels to reach a broader base of retirement-focused investors.
See full Jackson company page