Vestwell Raises $385M in Funding, Doubling Total Investments

There are huge tailwinds propelling financial services firms. Vestwell is one that’s clearly enjoying the breeze. The New-York based workplace savings fintech just raised $385 million in Series E funding with Blue Owl Capital and Sixth Street Growth leading the round. The haul more than doubled Vestwell’s total fundraising to $660 million, with participation from new and existing investors including Neuberger Berman, Morgan Stanley and Franklin Templeton. The infusion will be used, in the words of the fir ...