Tech Company Financing Transactions
Micruity Funding Round
Pacific Life, Prudential Financial and State Street Global Advisors participated in a $5 million funding round for Micruity. The round closed on 6/25/2024.
Transaction Overview
Company Name
Announced On
6/25/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand support for accumulation annuities and non-guaranteed income products on its platform.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
60 Adelaide St E
Toronto, ON, M5C 3E4
Canada
Toronto, ON, M5C 3E4
Canada
Phone
Undisclosed
Website
Email Address
Overview
We believe that everyone deserves access to a secure retirement. That's why we're building the infrastructure to pensionize the retirement income ecosystem. By connecting insurers, asset managers, record keepers, and plan sponsors on a secure platform, Micruity is powering lifetime income products in retirement benefits plans and helping everyone plan for a more secure retirement.
Management Team
Title
Name
Email & Social
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