Vestwell Revenue, Valuation, Funding & Investors

Icon is a Denver-based retirement technology provider offering Portable Retirement Plans that integrate with payroll systems for small businesses nationwide. The platform automates 401(k) administration, compliance reporting, and participant onboarding via APIs compatible with Gusto and ADP. Its PRP model allows account portability across employers, serving over 1,000 companies with features like auto-escalation and financial wellness tools.

Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. It provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting, among others. The company derives revenue from software subscriptions.

PayFit is a Paris-headquartered SaaS provider automating payroll, expense management, and HR compliance for SMEs in France, Spain, Italy, and the United Kingdom. The platform processes salaries, generates payslips, and handles social declarations integrated with local tax authorities. Serving over 250,000 companies, PayFit connects with accounting software like Sage and Xero. Founded in 2016, it raised funds from investors including Eurazeo and expanded via acquisitions like LeaveBoard for time-tracking features.

Jeeves is a New York-headquartered global financial platform providing corporate cards, bill payments, expense management, and AI-driven accounting automation. Launched in 2019, it supports businesses in Brazil, Colombia, North America, and EMEA with tools for multi-currency transactions, serving clients like H&M, Burger King, and Nubank.

iFAST Corp Ltd is an investment holding company. It is engaged in the development of software, marketing of unit trusts, exchange-traded funds, listed stocks, debt securities, and Singapore government securities through websites and acting as an investment advisor, dealer, and custodian in the securities. The company operates through geographic segments are Singapore, Hong Kong, Malaysia, United Kingdom, and China. The Singapore region generates maximum revenue for the company. iFAST receives revenue in the form of commissions and fees.

Money Forward Inc provides money-related services for individuals and corporations. Its service portfolio comprises personal financial management services and MF cloud services. Its personal financial management services include economic media that conveys money related themes, automatic savings app and mirai talk channel where customers can resolve their financial concerns together directly with financial planners. Its MF Cloud services comprise cloud accounting software, cloud-based tax return, invoice preparation software, payroll calculation, and cloud-based payment reconciliation.

BlackLine Inc is engaged in providing financial accounting close solutions delivered as Software as a Service (SaaS). The Company’s solutions enable its customers to address various aspects of their critical processes, including financial close & consolidation, intercompany accounting, and invoice-to-cash. The majority of the revenue of the company is earned in the United States.

FloQast is a financial close management software platform used by accounting teams at mid-market companies. It automates checklists, reconciliations, and flux analysis integrating with NetSuite, QuickBooks Online, and SAP. Firms like HelloFresh and Activision employ FloQast to shorten month-end closes from weeks to days. Headquartered in Los Angeles, the tool provides audit trails and sign-off workflows for SOX compliance.

Lighter is a San Francisco-based developer of financial software for on-chain treasury management. The platform supports stablecoin payments, yield optimization, and compliance reporting for DAOs and Web3 teams. Launched in 2023, Lighter integrates with Ethereum, Solana, and Base, handling over $100 million in assets for protocols like Aave and Uniswap.

London-headquartered Tide is a business banking platform offering current accounts, invoicing tools, expense tracking, payroll processing, and integrations with accounting software like Xero and QuickBooks. The service supports company registration, virtual and physical Mastercard debit cards, savings pots with interest, and access to loans via partnerships with lenders such as iwoca. Tide serves over 500,000 businesses across the UK with features including real-time payments, automated VAT reconciliation, and fraud monitoring.

Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

Qualia is a San Francisco-headquartered digital platform for real estate closings and refinances. Its cloud-based closing rooms consolidate documents, e-signatures, and payments for buyers, sellers, lenders, title agents, and realtors on a secure remote system. Launched in 2015, the company holds ALTA Elite Provider status and offices in Austin and Superior, Colorado. Qualia leads in cybersecurity as the first tech member of the Coalition to Stop Real Estate Wire Fraud.

FPL Technologies is a Mumbai-based fintech developing credit card infrastructure for India's digital economy. Founded in 2018, it powers the OneScore app launched in 2021 for credit score management and lifecycle tools. The full-stack platform serves millennials via mobile integrations with 20 banks. FPL processes 1 million transactions monthly post-demonetization growth.

TaxBit is a Salt Lake City-headquartered software platform for cryptocurrency tax reporting and accounting. It aggregates transactions from 500 exchanges and 100 wallets to generate IRS forms like 8949 and Schedule D, with real-time gain/loss tracking. TaxBit serves individuals, enterprises, and institutions including Coinbase and Gemini. Launched in 2020, the company raised $100 million in funding and partners with governments on digital asset regulations.

Pilot is a San Francisco-headquartered finance platform delivering bookkeeping, tax preparation, and fractional CFO services to startups since 2017. The company automates accrual-basis accounting with integrations to QuickBooks Online, Xero, Stripe, and Brex, generating real-time P&L statements and cash flow forecasts. Serving over 5,000 clients like Notion and Brex, Pilot employs CPAs across the United States and Philippines, processing billions in annual transactions.

AppZen is an AI platform for finance teams automating expense auditing, accounts payable processes, and compliance checks. It analyzes transactions using deep learning, computer vision, and data from online sources to prevent errors and risks. Serving a quarter of Fortune 500 companies globally, AppZen streamlines financial operations from its San Francisco headquarters.

Lukka is a New York-headquartered provider of enterprise-grade data platforms for cryptocurrency and blockchain transactions. It processes complex digital asset data into normalized formats for accounting, auditing, tax reporting, and regulatory compliance. Core products encompass LukkaTax for automated tax calculations across jurisdictions, LukkaCrypto Office for asset valuation and back-office management, and Lukka Reference Data for standardized pricing feeds. Founded in 2018, the company supports major financial institutions and exchanges with tools that integrate into ERP systems like SAP and Oracle. Lukka operates from offices in the United States and Europe, serving clients in over 100 countries with daily reconciliation of billions in transaction volume.

AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.