blooom

About

blooom is a online investment advisor that manages employer sponsored retirement accounts (401k, 403b, TSP) for individual clients.

Leawood,Kansas,United States
11 - 50
http://www.blooom.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $9.15M
Industries: Finance,Financial Services,FinTech
Founded date: Mar 15, 2013
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: blooom, inc.

Founded by several Financial Advisors that had spent 15 years managing money for very wealthy clients, blooom has become of the nation’s fastest growing robo-advisors with a specific focus on helping any American with a workplace retirement account like a 401k or 403b. Blooom is a Registered Investment Advisor with the SEC, and aims to scale fiduciary best practices on low fees, and appropriate asset allocation and diversification, to millions of Americans who have workplace retirement accounts, yet no access to a financial advisor and no desire to "DIY it."

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$13.15M

blooom has raised a total of $13.15M in funding over 2 rounds. Their latest funding was raised on Feb 6, 2017 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 6, 2017	Series B	$9.15M	8	—	—	Detail
Oct 15, 2015	Series A	$4M	6	QED Investors	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

blooom has made 2 investments. Their most recent investment was on Aug 23, 2021, when Numerade raised $26M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Aug 23, 2021 Numerade	Series A	$26M	Education	—
Jul 25, 2016 Tide	Seed	$2M	Banking	—

Investors

Number of Lead Investors

Number of Investors

1

12

blooom is funded by 12 investors. Allianz Life Insurance and Allianz Life Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Allianz Life Insurance	—	Series B
Allianz Life Ventures	—	Series B
Commerce Ventures	—	Series B
Industry Ventures	—	Series B
KCRise Fund	—	Series B
Nationwide Ventures	—	Series B
QED Investors	—	Series B
TTV Capital	—	Series B
DST Systems	—	Series A
Gibraltar Ventures	—	Series A