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Valuation

$1B

2024 Revenue

$65M

Funding

$237.5M

Team · 2025

456

Founded

2016

Vestwell Revenue, Valuation & Funding (2024)

A fintech savings and investment platform for small businesses and individual savers across the country.

Last updated

Vestwell Revenue

In 2024, Vestwell's revenue reached $65M. Since its launch in 2016, Vestwell has shown consistent revenue growth.

Vestwell Revenue GrowthReported revenue / ARR over time$0$15M$30M$45M$60M$75M201620172018201920202021202220232024$0$65MSource: GetLatka.com
YearMilestoneSource
2024Vestwell Hit $65m revenue in December 2024
2016Launched with $0 revenue

Vestwell Valuation, Funding Rounds

Vestwell reached a $1B valuation in 2023, set during its Series D round.

Vestwell has raised $237.5M in total funding across 5 rounds, most recently a $125M Series D round in 2023.

Vestwell Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$250M$50M$500M$100M$750M$150M$1B$200M$1.3B$250M20162017201820192020202120222023$1BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2023Series D$125M$1B13%techcrunch.com
2021Series C$70M--prweb.com
2019Series B$30M--prnewswire.com
2017Series A$8M--prnewswire.com
2016Seed Round$4.5M--evolve-capital.com

Founder / CEO

Aaron Schumm

CEO

Aaron Schumm is listed as CEO at Vestwell.

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Customers

We do not have customer count information for Vestwell yet.

Vestwell Employees & Team Size

Vestwell employs approximately 456 people as of 2026, up from 437 in 2024.

Vestwell Team GrowthReported headcount over time010020030040050020162018202020222024202500444444456456Source: GetLatka.com
YearMilestoneSource
2025Reached 456 employees (November 2025)
2025Reached 444 employees (January 2025)
2024Reached 437 employees (September 2024)

Frequently Asked Questions about Vestwell

What is Vestwell's revenue?

Vestwell generates $65M in revenue.

Who founded Vestwell?

Vestwell was founded by Aaron Schumm.

Who is the CEO of Vestwell?

The CEO of Vestwell is Aaron Schumm.

How much funding does Vestwell have?

Vestwell raised $237.5M across 5 rounds.

How many employees does Vestwell have?

Vestwell has 456 employees.

Where is Vestwell headquarters?

Vestwell is headquartered in New York, New York, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Vestwell Revenue, Valuation & Funding History (2024)