How Much Did Spectrum Pension Consultants Raise?
Funding & Key Investors

Spectrum Pension Consultants has secured significant enterprise-level funding, with the total capital raised standing at $791K. The company recently announced a major strategic investment of $441K, underscoring its robust position in the retirement plan services market. This latest financing round follows a history of debt financing, indicating a strategic shift towards growth capital.

What is Spectrum Pension Consultants?

Spectrum Pension Consultants
InsuranceBusiness ServicesProject Management

Spectrum Pension Consultants, established in 1978 and headquartered in Tacoma, Washington, specializes in delivering comprehensive products, services, and solutions for 401k and other employer-sponsored retirement plans. Their core competencies encompass retirement plan administration, expert consulting, meticulous documentation, and efficient recordkeeping. Over decades of operation, Spectrum Pension Consultants has served thousands of employer organizations across diverse industry verticals and nearly every state in the U.S., solidifying its reputation as a reliable partner in retirement plan management.

How much funding has Spectrum Pension Consultants raised?

Spectrum Pension Consultants has raised a total of $791K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$441K

Debt (2020): $350K with participation from PPP

Debt (2021): $441K led by PPP

What's next for Spectrum Pension Consultants?

The recent major strategic investment signals a pivotal moment for Spectrum Pension Consultants, likely enabling accelerated expansion of its service offerings and market reach. This infusion of capital is expected to fuel innovation in retirement plan administration and consulting, potentially through technological enhancements or strategic acquisitions. The company's long-standing history and broad client base provide a strong foundation for leveraging this new financing to further solidify its leadership in the competitive retirement solutions landscape.

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Frequently Asked Questions Regarding Spectrum Pension Consultants Financial Insights

What are the most recent funding rounds that Spectrum Pension Consultants has completed, and what were the funding rounds?
Spectrum Pension Consultants has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Spectrum Pension Consultants has raised to date?
Spectrum Pension Consultants has raised a total of $791K in funding to date.
How many funding rounds has Spectrum Pension Consultants completed?
Spectrum Pension Consultants has completed 2 funding rounds.
How much funding did Spectrum Pension Consultants raise in its most recent funding round?
Spectrum Pension Consultants raised $441K in its most recent funding round.
Who are the lead investors in Spectrum Pension Consultants's latest funding round?
The lead investor in Spectrum Pension Consultants's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Spectrum Pension Consultants's history?
The largest funding round in Spectrum Pension Consultants's history was $441K.
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