Captain401
 | |
| Financial Technology | |
| Industry | Financial Services, Internet |
| Founded | 2015 |
| Headquarters | San Francisco, CA, USA |
Key people | Founders: Roger Lee, Paul Sawaya |
| Website | https://www.captain401.com |
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]
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.[3]
Product and services
Captain401 is an online 401(k) administration tool that syncs with several cloud-based payroll providers to automatically manage the contributions, deductions, and maintenance of a 401(k) plan for a company.[4] 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.[5]
References
- ↑ 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.
- ↑ "Captain401 Homepage". 2016-02-25. Retrieved 2016-06-03.
- ↑ "Captain401 Raises $3.5 Million to Make Creating a 401k Easier for Businesses". PRNewswire. 2016-02-25. Retrieved 2016-06-03.
- ↑ "Captain401 raises $3.5M to help small businesses create employee retirement accounts". VentureBeat. 2016-02-24. Retrieved 2016-06-06.
- ↑ Lynley, Matthew (2016-02-25). "Captain401, A Service For Spinning Up And Managing 401(k) Plans, Raises $3.5M". TechCrunch. Retrieved 2016-06-03.
