Facet Wealth, a Baltimore, MD-based fintech company, raised $25m in Series B funding.
The round was led by global investment firm Warburg Pincus, with participation from other existing investors.
The company intends to use the funds to accelerate market expansion in response to the rapid growth of the product.
Led by Anders Jones, co-founder and CEO, Facet Wealth provides comprehensive financial planning services focusing on developing long-term, fiduciary relationships between clients and financial planner professionals. The company also provides a Financial Wellness offering for employers seeking to empower their employees with comprehensive financial guidance. Facet Wealth already has pre-launch partnerships with leading employers including ClassPass, MyVest and ChiliPiper
The company is headquartered in Baltimore, Maryland with professionals located across the United States. To date, Facet Wealth has raised $62m in funding from Warburg Pincus, Slow Ventures and others.