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Captain401, Inc.

From EverybodyWiki Bios & Wiki

Captain401, Inc.
Financial Technology
ISIN🆔
IndustryFinancial Services, Internet
Founded 📆2015
Founder 👔
Headquarters 🏙️San Francisco, CA, USA
Area served 🗺️
Key people
Founders: Roger Lee, Paul Sawaya
Members
Number of employees
🌐 Websitehttps://www.captain401.com
📇 Address
📞 telephone

Captain401 is a financial technology startup and provider of 401(k) administration software and investment advising services to small businesses.[1] They are plan fiduciaries. The investment advisory services are provided by Captain Advisors, LLC, which is registered with the U.S. Securities and Exchange Commission.[2]

History[edit]

Captain401 is a member of Y Combinator's summer 2015 batch.[3]

In February 2016, Captain401 announced a $3.5 million seed round. Investors include SoftTech VC, SV Angel, Y Combinator, CrunchFund, Dave Morin, Susa Ventures, FundersClub, Paul Buchheit, Justin Kan, Michael Siebel, Jared Friedman, Jacob Gibson, Greg Brockman, Joe Montana.[4]

Product and services[edit]

Captain401 is an online 401(k) administration tool that syncs with payroll providers to manage the contributions, deductions, and maintenance of a 401(k) plan for a company.[5] Employees can access their funds online and can contribute to either a Roth or Traditional 401(k). An optional automated investing service is also available to employees.[3]

References[edit]

  1. Kolodny, Laura (2016-02-24). "Captain401 Raises $3.5 Million to Help Small-Business Employees Save for Retirement". Wall Street Journal. Retrieved 2016-06-03.
  2. "Captain401 Homepage". 2016-02-25. Retrieved 2016-06-03.
  3. 3.0 3.1 Lynley, Matthew (2016-02-25). "Captain401, A Service For Spinning Up And Managing 401(k) Plans, Raises $3.5M". TechCrunch. Retrieved 2016-06-03.
  4. "Captain401 Raises $3.5 Million to Make Creating a 401k Easier for Businesses". PRNewswire. 2016-02-25. Retrieved 2016-06-03.
  5. "Captain401 raises $3.5M to help small businesses create employee retirement accounts". VentureBeat. 2016-02-24. Retrieved 2016-06-06.

External links[edit]


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