Smart Raises £165M in Series D Funding

Smart
Andrew Evans and Will Wynne

Smart, a London, UK-based global retirement savings technology platform provider, raised £165m in Series D funding.

The round was led by Chrysalis Investments, with a £75m equity investment, with additional investors to be announced in the coming weeks. The overall round will comprise £110m of primary and £55m of secondary equity.

The company intends to use the funds to further grow its retirement technology platform offering in the UK, the US, Australia and the Middle East, with additional territories to follow,

Co-founded by Andrew Evans and Will Wynne, Smart is a global savings and investments technology platform provider. The company partners with governments and financial institutions (including insurers, asset managers, banks, financial advisers) to deliver retirement savings and income solutions. In addition to the UK, Smart is operating in the USA, Europe, Australia and the Middle East with close to a million savers entrusting over £1.8 billion in assets on the platform.  

The company will deploy capital in M&A to bring members and assets onto its technology platform in the UK, the United States and beyond.

FinSMEs

28/06/2021