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Baby Boomer-Focused Retirement Tech Raises $10MBaby Boomer-Focused Retirement Tech Raises $10M

Alexa von Tobel's venture capital firm, Inspired Capital Partners, added a $1 million investment to Kindur's Series A round.

Samuel Steinberger, Senior Technology Editor

March 20, 2019

1 Min Read
Alexa Von Tobel
Alexa von TobelCopyright Craig Barritt, Getty Images

Alexa von Tobel's Inspired Capital Partners venture capital fund has joined digital retirement platform Kindur's $10 million expanded Series A funding round, according to a Kindur spokesperson. It's one of Inspired Capital's first portfolio companies, after the entreprenuer and founder of LearnVest announced she was leaving Northwestern Mutual earlier this year. Inspired Capital filed documents in January to raise $200 million.

Targeting baby boomers entering retirement, Kindur will officially launch next month, in conjunction with the Empire FinTech Conference in New York City. The tool will analyze users' retirement goals, resources and spending needs, Kindur founder and CEO Rhian Horgan told AlleyWatch in December. It will use its analysis to develop customized recommendations and guidance to manage assets and "successfully navigate retirement" for its clients.

Kindur held a seed round of funding in 2017, and its Series A also saw investments from angel investors Jake Gibson and James Walker, as well as investment partners Anthemis, Point72 Ventures and Clocktower.

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About the Author

Samuel Steinberger

Senior Technology Editor, WealthManagement.com

Samuel Steinberger is Senior Technology Editor for Informa Connect’s WealthManagement.com. In his role, Mr. Steinberger provides the publication’s wealth and financial technology coverage. 

Mr. Steinberger’s editorial insight and familiarity with technology accelerates Informa’s growth within the financial advisor and wealth management communities, providing in-depth news for advisors and financial professionals. 

Before joining Informa Connect, Mr. Steinberger produced documentaries with former CNN anchor Soledad O’Brien at Soledad O’Brien Productions (formerly Starfish Media Group). He specialized in research, shooting and editing, as well as finding distinct voices to explain topics like mental health, poverty and racial divide. 

Prior to joining Soledad O’Brien Productions, Mr. Steinberger managed multi-departmental technology projects for global legal technology leader Transperfect Legal Solutions. After obtaining his graduate degree in journalism from Columbia University, he completed his transition from technology management to media. 

Mr. Steinberger is an award-winning journalist, author and researcher who has written, edited and reported for a number of publications, including The New York Times, Financial PlanningAmerican Banker and PBS. He is founder of beverages publication Give Me Weird Drinks

Mr. Steinberger’s technology analysis and insight has been featured in several books on virtual and augmented reality. Mr. Steinberger has received awards and recognition for his reporting and research, including the American Business Media's prestigious Jesse H. Neal Award for editorial excellence.

Follow on Twitter: @slsteinberger