Building the pension plan of the future by expanding support for accumulation annuities and non-guaranteed income products
SAN MATEO, Calif.–( BUSINESS WIRE )–Micruity, Inc. (“Micruity” or “the Company”) announced today that it closed $5.0M in funding to expand support for accumulation annuities and non-guaranteed income products on the Micruity platform.
The round includes new funding from strategic investors Prudential, State Street Global Advisors, and TIAA Ventures, as well as additional investments from current partners Pacific Life and Western & Southern Financial Group. In total Micruity has raised over $11M from strategic partners in the retirement industry.“The new funding enables Micruity to […]
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