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Venture Capital News: Pontera Secures $80M

NEW YORK, NY, FeeX, a financial technology company, has raised $80 million led by Lightspeed Venture Partners.
FeeX (Pontera), a financial technology company that enables financial advisors to securely manage their clients' retirement accounts and other held away assets, has raised $80 million across three recent funding rounds led by Lightspeed Venture Partners, along with The Founders Kitchen, Hanaco Ventures, Hyperwise Ventures, Blumberg Capital, and prominent individual investors. The company also announced that it has changed its name to Pontera.

Pontera allows financial advisors to securely and compliantly manage their clients' held away accounts, such as 401(k)s and 403(b)s, as part of their overall portfolio.
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