What is LearnVest?
LearnVest Planning Services, LLC, a registered investment adviser and subsidiary of LearnVest, Inc., is dedicated to providing comprehensive financial plans to its clientele. Wholly owned by NM Planning, LLC, which is itself a subsidiary of The Northwestern Mutual Life Insurance Company, LearnVest operates within a robust financial services ecosystem. The company's core mission revolves around empowering individuals and families to achieve their financial goals through accessible and personalized planning services.
How much funding has LearnVest raised?
LearnVest has raised a total of $65.7M across 4 funding rounds:
Series A
$4.4M
Series B
$14M
Series C
$19.8M
Series D
$27.4M
Series A (2010): $4.4M with participation from Richmond Management, Rose Tech Ventures, and Accel Partners
Series B (2011): $14M, investors not publicly disclosed
Series C (2013): $19.8M supported by Accel Partners, American Express, and Claritas Capital
Series D (2014): $27.4M featuring Northwestern Mutual Capital and Accel Partners
Key Investors in LearnVest
Northwestern Mutual Capital
Northwestern Mutual Capital is part of a mutual financial services company focused on long-term financial strength and client outcomes, providing financial planning and wealth management solutions.
American Express
American Express is a global financial services organization specializing in payment solutions and travel services, offering a comprehensive ecosystem of financial products and network services.
Accel Partners
Accel Partners is a venture capital firm that invests in early-stage and growth-stage companies, known for backing transformative technology businesses.
What's next for LearnVest?
The substantial enterprise-level funding, particularly the recent strategic investment, suggests LearnVest is poised for significant scaling and potential market consolidation. This capital infusion will likely fuel product development, enhance customer acquisition strategies, and potentially explore new service verticals within personal finance. The backing from established financial entities like Northwestern Mutual Capital and American Express indicates a strong belief in LearnVest's business model and its capacity for sustained growth and profitability in the competitive fintech landscape.
See full LearnVest company page
