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.