Capitalize Raises $19 Million In Series B Funding To Accelerate Adoption of Digital RolloversCapitalize Rollover Volume Has Grown Over 6x In Last 18 Months, Now Processing Several Billion Dollars In Retirement Account Transfers AnnuallyNEW YORK, August 14, 2024-- Capitalize, the first platform to help consumers and financial institutions digitally find and transfer retirement assets, today announced the close of a $19 million Series B funding round, led by RRE Ventures.

Capital在B系列融资中筹集1900万美元，以加速采用数字转存。过去18个月，Capital转存量增长了6倍以上，目前每年处理数十亿美元的退休账户转账。2024年8月14日，纽约——Capital是第一个帮助消费者和金融机构以数字方式查找和转移退休资产的平台，今天宣布结束由RRE Ventures牵头的1900万美元B系列融资。

The round included participation from existing Capitalize investors including Canapi Ventures and Bling Capital, and new investors including Industry Ventures..

本轮投资包括现有资本投资者（包括Canapi Ventures和Bling Capital）以及新投资者（包括Industry Ventures）的参与。。

Since launching in 2020, Capitalize has rapidly expanded its platform to digitally locate and transfer legacy retirement accounts, and is now processing several billion dollars of rollover volume annually. Both rollover volume on the Capitalize platform and Capitalize’s revenue have grown by approximately 6x in the last 18 months..

自2020年推出以来，Capitalize迅速扩展其平台，以数字方式定位和转移遗留退休账户，目前每年处理数十亿美元的展期交易。在过去的18个月中，Capitalize平台的展期交易量和Capitalize的收入都增长了约6倍。。

A significant driver of Capitalize’s recent growth has been its Enterprise business, which allows leading financial institutions to embed Capitalize’s rollover technology directly into their onboarding and funding flows, helping their customers find and transfer legacy employer-sponsored retirement accounts such as 401(k)s into a new account of their choice.

Capital最近增长的一个重要驱动因素是其企业业务，它允许领先的金融机构将Capital的滚动技术直接嵌入其入职和资金流中，帮助其客户找到并将雇主赞助的传统退休账户（如401（k）s）转移到他们选择的新账户中。

Capitalize now offers a full suite of enterprise-grade APIs, led by the recent launch of its Embedded Rollover API, which allows partners to leverage Capitalize technology to power rollovers in a native, seamless way..

Capitalize现在提供全套企业级API，最近推出的嵌入式滚动API使合作伙伴能够利用Capitalize技术以本地、无缝的方式实现滚动。。

“We’re thrilled to be partnering with RRE for this latest funding round, a firm we’ve long admired for their mission-driven approach and deep expertise within financial services and fintech,” said Gaurav Sharma, co-founder and CEO of Capitalize. “Together we’re excited to keep modernizing the antiquated rollover process so that Americans can better move and manage their money, and our partners can serve their users more efficiently.”.

Capitale联合创始人兼首席执行官戈拉夫·夏尔马（Gaurav Sharma）表示：“我们很高兴能与RRE合作进行最新一轮融资，这家公司因其使命驱动的方法以及在金融服务和金融科技领域的深厚专业知识而备受我们钦佩。”。“我们很高兴能继续使过时的滚动过程现代化，以便美国人能够更好地转移和管理他们的资金，我们的合作伙伴可以更有效地为他们的用户服务。”。

Each year, millions of Americans change jobs and either leave behind or prematurely cash out their 401(k) account. Others are forced to endure the manual “401(k) rollover” process to transfer their assets into a new retirement account. Historically, the rollover process has imposed a significant administrative burden on individuals, forcing them to contact multiple financial institutions, fill out tedious paperwork, handle phone calls, and often receive and forward physical checks.

每年，数百万美国人换工作，要么离开，要么过早地将401（k）账户兑现。其他人则被迫忍受手动“401（k）延期”流程，将其资产转入新的退休账户。历史上，展期过程给个人带来了巨大的行政负担，迫使他们联系多家金融机构，填写繁琐的文书工作，处理电话，并经常接收和转发体检。

The result is that more than 29 million Americans have forgotten or left behind over $1.65 trillion in 401(k) assets in their former employer’s plan. The rollover process has also made it harder for consumer-focused financial institutions to fund new retirement accounts and grow their retirement assets.

结果是，超过2900万美国人忘记或留下了前雇主计划中超过1.65万亿美元的401（k）资产。展期过程也使得以消费者为中心的金融机构更难为新的退休账户提供资金并增加其退休资产。

Capitalize’s proprietary rollover technology solves this problem for both individuals and retirement account providers by digitizing the approximately $1 trillion of 401(k) rollovers that occur annually..

Capitalize专有的转存技术通过数字化每年发生的大约1万亿美元的401（k）转存，为个人和退休账户提供商解决了这个问题。。

“We’re honored to support Capitalize in its journey to bring retirement account transfers into the digital age”, said Raju Rishi, General Partner at RRE Ventures. “We’ve known Gaurav and the Capitalize team since 2020, and have been incredibly impressed by the thoughtful, systematic approach they’ve taken to building a great company in this important industry.”.

RRE Ventures的普通合伙人Raju Rishi表示：“我们很荣幸能够支持Capital将退休账户转账带入数字时代。”。“自2020年以来，我们就认识了Gaurav和Capitalize团队，他们在这一重要行业中采取的深思熟虑、系统的方法给我们留下了深刻印象。”。

Capitalize will use the new capital to accelerate technology investment in its core rollover platform and expand to serve both partners and consumers with additional features and transfer types. The funding will also be used to support ongoing growth in new and existing Enterprise partners, and serve additional segments of the market, including financial advisors and recordkeepers..

capital将利用新资金加速对其核心滚动平台的技术投资，并通过其他功能和转移类型为合作伙伴和消费者提供服务。这笔资金还将用于支持新的和现有的企业合作伙伴的持续增长，并服务于市场的其他细分市场，包括财务顾问和记录保存人。。

About Capitalize

关于资本化

Capitalize is the first platform to help consumers and their financial institutions digitally locate and transfer retirement assets, such as 401(k)s. Capitalize’s technology is used by leading financial institutions to power rollovers natively for their users and is also available to consumers directly.

Capitalize是第一个帮助消费者及其金融机构以数字方式定位和转移退休资产的平台，例如401（k）s。领先的金融机构使用Capitalize的技术为其用户提供本地翻滚功能，消费者也可以直接使用。

Capitalize helps Americans better save for retirement by ensuring that they can easily find, transfer, and keep track of their retirement assets. Capitalize has been recognized as one of TIME’s 100 Best Inventions, as well as by Fast Company as a World Changing Idea and Forbes as one of the Top 50 Fintech Companies in the US..

Capitalize通过确保美国人能够轻松找到、转移和跟踪他们的退休资产，帮助他们更好地为退休储蓄。Capitalize被《时代》杂志评为100项最佳发明之一，Fast Company被评为改变世界的创意，福布斯被评为美国前50家金融科技公司之一。。

About RRE Ventures

关于RRE Ventures

RRE Ventures is a pioneering early-stage venture capital firm, based in New York City, that has established itself as a top performer over the past two decades. Managing over $2 billion across eight funds, the firm has made 340 investments since its inception, with over 120 active portfolio companies.

RRE Ventures是一家总部位于纽约市的开创性早期风险投资公司，在过去二十年中已成为表现最佳的公司。自成立以来，该公司管理着8只基金中超过20亿美元的资金，共进行了340项投资，拥有120多家活跃的投资组合公司。

The experienced, high-touch team, led by hands-on general partners, offers unparalleled access to Fortune 500 companies and is backed by world-class limited partners and advisors..

经验丰富的高接触团队由实际操作的普通合伙人领导，为财富500强公司提供无与伦比的机会，并得到世界一流的有限合伙人和顾问的支持。。

About Canapi Ventures

关于Canapi Ventures

Canapi Ventures is a venture capital firm investing in early to growth-stage fintech companies. Our partners have been at the forefront of financial services innovation as operators, investors, bankers, advisors, and regulators. Our venture capital model connects high-quality fintech companies to our extensive network of banks and strategic partners.

Canapi Ventures是一家风险投资公司，投资于处于早期成长阶段的金融科技公司。作为运营商、投资者、银行家、顾问和监管机构，我们的合作伙伴一直处于金融服务创新的前沿。我们的风险投资模式将高质量的金融科技公司与我们广泛的银行和战略合作伙伴网络联系起来。

Canapi Ventures is advised by CenterHarbor Advisors. For more information, visit canapi.com..

Canapi Ventures由CenterHarbor Advisors提供建议。有关更多信息，请访问canapi.com。。

About Bling Capital

关于Bling Capital

Bling Capital is an early stage venture fund founded in 2018 by Ben Ling, a former product executive at Google, Facebook, and YouTube. Since inception, Bling Capital has backed over 100 companies that have collectively raised over $2B. Bling Capital offers a unique Product Council of 100+ top executives as resources to its portfolio companies.

Bling Capital是一家早期风险基金，由谷歌（Google）、脸书（Facebook）和YouTube的前产品高管Ben Ling于2018年创立。自成立以来，Bling Capital已经支持了100多家公司，这些公司的总融资额超过20亿美元。Bling Capital为其投资组合公司提供由100多名高管组成的独特产品委员会作为资源。

We are honored to have been featured by TechCrunch as “The VCs that Founders Love the Most” and Ben Ling was ranked every year the Midas Seed List has been published, most recently at #4 and #5 (2022, 2023, 2024).Contact: .

我们很荣幸被TechCrunch评为“创始人最喜爱的风投”，Ben Ling每年都会在Midas种子名单上排名，最近分别排在第4和第5位（202220232024）。联系人：。。

Mary Rykaczewski

玛丽·里卡切夫斯基

mary.rykaczewski@hicapitalize.com

mary.rykaczewski@hicapitalize.com

267-231-8838

267-231-8838