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Vestwellrevenue, valuation & funding

New YorkFounded 2016CEO Aaron Schumm

vestwell.comLinkedInUpdated Sep 10, 2026
Annual revenue
$65M
Dec 2024EST.
Valuation
$1B
Dec 2023
Total raised
$237.5M
5 rounds
Employees
456
Nov 2025

Vestwell revenue

Vestwell has not published its revenue. Growjo puts it at about $65M a year (December 2024).

$0
$20M
$40M
$60M
$65M
2024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Dec 2024$65MEST.Growjo estimate

Vestwell valuation

Vestwell is privately held, so there is no Vestwell stock to buy. Investors valued it at $1B in its December 2023 Series D.

Vestwell funding rounds & investors

Vestwell has raised $237.5M across five rounds since 2016. The latest was a $125M Series D in December 2023.

DateRoundRaisedValuationSource
Dec 2023Series D$125M$1BTechCrunch
Jul 2021Series C$70M–prweb.com
Apr 2019Series B$30M–PR Newswire
Oct 2017Series A$8M–PR Newswire
Sep 2016Seed$4.5M–evolve-capital.com
Total raised$237.5M

Vestwell CEO, founders & employees

Aaron Schumm founded Vestwell in 2016 and runs it as CEO. Vestwell has 456 employees (November 2025, LinkedIn).

0
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400
437
456
20242025
ReportedOne figure per year; a reported figure wins over an estimate
All 3 headcount readings, with sources
As ofEmployeesSource
Nov 2025456LinkedIn
Jan 2025444LinkedIn
Sep 2024437LinkedIn

Vestwell FAQ

What is Vestwell's revenue?

Growjo estimates Vestwell's revenue at about $65M a year (December 2024). The company hasn't published its own figure.

What is Vestwell's valuation?

Investors valued Vestwell at $1B in its December 2023 Series D, according to TechCrunch.

How much funding has Vestwell raised?

Vestwell has raised $237.5M across five funding rounds. The latest was a $125M Series D in December 2023.

Is Vestwell publicly traded?

No. Vestwell is a private company, so its shares aren't traded on a stock exchange.

How many employees does Vestwell have?

Vestwell has 456 employees as of November 2025, according to LinkedIn.

Who is the CEO of Vestwell?

Aaron Schumm is the CEO of Vestwell and founded the company in 2016.

Who founded Vestwell?

Aaron Schumm founded Vestwell in 2016.

How this page is sourced

8 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Vestwell? Join the podcast