# Vestwell funding: rounds and investors > Vestwell has raised $553M across 5 rounds since 2016. Investors include Franklin Templeton, FinTech Collective and Primary Venture Partners. Source: https://millionrounds.com/company/vestwell (Millionrounds; every figure on the page links to its filing or article) United States · [Series E startup](https://millionrounds.com/companies) # Who invested in *Vestwell* 5 rounds we have observed, with the 19 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Asset Management Financial Services Fintech HR Tech Raised 8 months ago Valuation: $1.0B, Mar 2026 Follow Vestwell and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fvestwell) Funding summary Updated 5 Nov 2026 **$553M** raised across 5 rounds since 2016, from 8 sources **$125M** Series D **$385M** Series E - **Latest round:** Series E, $385M Mar 2026 - **Led by:** Blue Owl Capital - **Step-up i:** 3.1× - **Investors:** 19 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 2020 2022 2024 2026 **$4.5M** Seed **$8.0M** Series A **$30M** Series B **$125M** Series D **$385M** Series E - **First round:** Seed, $4.5M - **Biggest round:** $385M - **Usual gap between rounds:** 2.3 years ## The rounds - **Mar 2026** Series E **$385M** *6 new* *2 returning* [Blue Owl Capital](https://millionrounds.com/fund/blue-owl-capital) Lead [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) [Blue Owl](https://millionrounds.com/fund/blue-owl) [Silver Lake Partners](https://millionrounds.com/fund/silver-lake) [Sixth Street Growth](https://millionrounds.com/fund/sixth-street-growth) [TIAA Ventures](https://millionrounds.com/fund/tiaa-ventures) Reported by Crunchbase News and 3 others - **Dec 2023** Series D **$125M** *2 new* *3 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [Blue Owl](https://millionrounds.com/fund/blue-owl) [Point72](https://millionrounds.com/fund/point72) Source recorded SEC filing: $176M sold, first sale Dec 2023 - **Apr 2019** Series B **$30M** *8 new* *2 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners) Lead [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [F-Prime Capital](https://millionrounds.com/fund/f-prime) [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [FinTech Collective](https://millionrounds.com/fund/fintech-collective) [Point72](https://millionrounds.com/fund/point72) [Nationwide Ventures](https://millionrounds.com/fund/nationwide-ventures) [Allianz Life Ventures](https://millionrounds.com/fund/allianz-life-ventures) [BNY Mellon](https://millionrounds.com/fund/bny-mellon) Commerce Reported by FinSMEs SEC filing: $31M sold, first sale Mar 2019 - **Oct 2017** Series A **$8.0M** *2 new* *1 returning* [FinTech Collective](https://millionrounds.com/fund/fintech-collective) Commerce F-Prime Capital Partners/ Primary Reported by FinSMEs SEC filing: $8.1M sold, first sale Sept 2017 - **Sept 2016** Seed **$4.5M** *1 new* [FinTech Collective](https://millionrounds.com/fund/fintech-collective) Reported by FinSMEs SEC filing: $4.4M sold, first sale Sept 2016 ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2016 **Series A** 2017 **Series B** 2019 **Series D** 2023 **Series E** 2026 [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [FinTech Collective](https://millionrounds.com/fund/fintech-collective) [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) [Blue Owl](https://millionrounds.com/fund/blue-owl) [Point72](https://millionrounds.com/fund/point72) Commerce [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners) L [Blue Owl Capital](https://millionrounds.com/fund/blue-owl-capital) L [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) ## Everyone who backed them [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **3** rounds [FinTech Collective](https://millionrounds.com/fund/fintech-collective) VC firm **3** rounds [Primary Venture Partners](https://millionrounds.com/fund/primary-venture-partners) VC firm **2** rounds [Blue Owl](https://millionrounds.com/fund/blue-owl) Asset manager **2** rounds [Point72](https://millionrounds.com/fund/point72) Hedge fund **2** rounds Commerce no record of our own yet **2** rounds [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs-investment-partners) Private equity **1** round, led 1 [Blue Owl Capital](https://millionrounds.com/fund/blue-owl-capital) Private equity **1** round, led 1 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round [F-Prime Capital](https://millionrounds.com/fund/f-prime) VC firm **1** round [HarbourVest Partners](https://millionrounds.com/fund/harbourvest-partners) Fund of funds **1** round [Silver Lake Partners](https://millionrounds.com/fund/silver-lake) Private equity **1** round [Nationwide Ventures](https://millionrounds.com/fund/nationwide-ventures) Corporate VC **1** round [Sixth Street Growth](https://millionrounds.com/fund/sixth-street-growth) Asset manager **1** round [TIAA Ventures](https://millionrounds.com/fund/tiaa-ventures) Growth equity **1** round [Allianz Life Ventures](https://millionrounds.com/fund/allianz-life-ventures) VC firm **1** round [BNY Mellon](https://millionrounds.com/fund/bny-mellon) Corporate VC **1** round F-Prime Capital Partners/ Primary no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vestwell). ## Also claim to have backed them These 6 firms list Vestwell as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Commerce Ventures](https://millionrounds.com/fund/commerce-ventures) VC firm Per its own site [Sixth Street](https://millionrounds.com/fund/sixth-street) Private equity Per its own site [Teamworthy Ventures](https://millionrounds.com/fund/teamworthy-ventures) VC firm Per its own site [Commerce VC](https://millionrounds.com/fund/commerce-vc) VC firm Per its own site [Duke Capital Partners](https://millionrounds.com/fund/duke-capital-partners) VC firm Per its own site [Grey Ledge Advisors](https://millionrounds.com/fund/grey-ledge-advisors) Wealth manager Per its own site ## Quick answers about Vestwell ### Who invested in Vestwell? Vestwell's investors include Franklin Templeton, FinTech Collective, Primary Venture Partners, Blue Owl and Point72, and 14 more on record. Blue Owl Capital led its latest round. ### How much has Vestwell raised? Vestwell has raised $553M across 5 rounds since 2016. ### When did Vestwell last raise? Vestwell's most recent round was a Series E of $385M in Mar 2026, led by Blue Owl Capital. ### What was Vestwell's biggest round? Its most recent round, $385M in Mar 2026, is also its largest on record. ### Who backed Vestwell first? Vestwell's first round on record, in Sept 2016, was backed by FinTech Collective. ### What stage is Vestwell at? Vestwell's latest named round is a Series E, in Mar 2026. ### Where is Vestwell based? Vestwell is based in the United States. ### Who led Vestwell's rounds? Goldman Sachs led the Series B in 2019; Blue Owl Capital led the Series E in 2026. ## Companies like Vestwell In the same sector, and raised in the last eighteen months. [**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Clark** $11M · Nov 2026](https://millionrounds.com/company/clark)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle)[**Midstream Health** $27M · Oct 2026](https://millionrounds.com/company/midstream-health)[**SpendRule** $6.0M · Oct 2026](https://millionrounds.com/company/spendrule) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app