Guideline raises $7M

What does Guideline do?
Guideline, is a startup which is revolutionizing online retirement planning. It is modern, affordable and simple. The company is simplifying and reshaping the complicated and antiquated process for medium and small sized businesses. The company’s automated investment tech incorporates an individual’s entire fin ecosystem ongling adjustments and recommendations. This results in the most sophisticated yet simple retirement plans, removing the laborious and complex management process which has been required for decades. This is the 1st and only hundred percent automatically managed 401(k) offering which does not charge or benefit asset based investment fees. The company’s technology handles all the payroll automation, plan administration, recordkeeping, payroll integration, compliance and investment management. The company helps organizations in providing a successful retirement for their employees through a hassle free experience.
How much Guideline was funded?
The company raised $7M in Series A on July 19, 2016 from Red Swan Ventures, Propel Venture Partners,  BoxGroup, Xfund, Lerer Hippeau Ventures and New Enterprise Associates.

Previous funding

$2M on August 17, 2015 from New Enterprise Associates, BoxGroup, Lerer Hippie Ventures, Red Swan Ventures, 500 Startups, Xfund, David Lyman and SV Angel.

What is next for Guideline?
Guideline is reimagining retirement planning. Its user experience, structure and pricing model reflects the needs of employees and employers in the present economy. The latest funding raised will help the company in continuing its rapid growth. In this year, the company has added the technology and financial professionals to its growing staff and has successfully brought on board many client who are searching for easy to administer retirement plans. The company will use the latest funding for scaling its proprietary partnerships and platform.

More about Guideline
The company was founded in 2015 by Kevin Busque, Mike Nelson and Jeremy Caballero. It has its headquarters in Burlingame, California. This is an all inclusive 401(k) technology designed for growing businesses. The company offers service with straightforward pricing of one flat fee per user, unlike the asset based fee model in the industry.