- Growth StageExpanding market presence
- Top InvestorsThis company has received a significant amount of investment from top investors
- Website
- Location
- Leawood
- Company size
- 11-50 people
- Total raised
- $13.8M
- Market
blooom careers
blooom is an online rob-advisor that is focused squarely on the employer sponsored retirement account (401k) market. Whereas some of the other firms like Wealthfront and Betterment are targeting the non retirement account space, we feel that the 88 million 401k participants represent a significantly larger, and un-tapped opportunity. Up until now, the wealth management industry has failed to deliver easy-to use tools for the millions of saves tasked with managing their own retirement funds. Blooom has created a one-of-a kind user-friendly interface that allows someone in under 5 minutes to totally outsource the management of their 401k account for a fraction of the cost of traditional Financial Advisors. 401k accounts were introduced in this country as a DIY proposition to replace traditional pensions. Blooom has turned it from DIY to DIFY (Do it for you).
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Kevin Conard
Randy AufDerHeide
Chris Costello
Entrepreneur stuck in a Financial Advisor's body with a belief that professional financial services should not be a privilege enjoyed only by the wealthy.
Total raised
$13.8M
Funded over
3 rounds
Latest round
Series B (Jan 2017)
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