MAVA Member Route 66 Ventures Co-Leads NextCapital’s Series B
Enterprise digital advice company NextCapital has completed a $16 million Series B round of funding. AllianceBernstein, Manulife and Route 66 Ventures led the round. The company’s previous investors include Transamerica Ventures, Russell Investments, FinTech Collective, Kelvingrove, and Vermont Seed Capital Fund. “Route 66 Ventures is very excited to partner with the NextCapital team — digital advice is a game changer for the multi-trillion dollar retirement space. NextCapital’s enterprise offering provides institutions speed-to-market and control over the user experience and financial methodology — the best of both worlds,” said Benjamin Britt, General Partner at Route 66 Ventures.