Retirable Raises $6M in Seed Funding

Retirable, a New York-based provider of a holistic retirement solution, raised $6M in Seed funding.

The round was led by Primary, with participation from Vestigo Ventures, Diagram, Portage and Primetime.

The company intends to use the funds to continue growing its advisor team and strengthening its medicare agent partnerships while building out more features for clients — including its beta debit card.

Founded in 2019 by Tyler End, Ian Yamey and Brian Ramirez, Retirable offers products and services across the retirement investing, planning and spending spectrum. Its income service helps clients decumulate their retirement savings by sending monthly direct paychecks aligned with the planned amount to sustain their lifestyle. In addition to a dedicated advisor, clients receive personalized investment portfolios that balance short-term income with long-term growth. The company allocates an individual’s assets into three distinct buckets: cash, stability and growth.

To date, Retirable has raised a total of $10.7M.

FinSMEs

01/11/2022