Customer Support Representative
PonteraSalary not specified
- Full Time
- Entry Level & New Grad
About Pontera
Pontera offers a platform for financial advisors to manage and monitor their clients' 401k and retirement accounts, allowing for a cohesive approach to wealth planning. The platform focuses on active management, which has been shown to increase returns by an average of 3.3% per year, net of fees. Pontera operates on a subscription model, generating revenue from financial advisors who use the service to enhance client outcomes. The company's goal is to improve client satisfaction and retention by providing valuable tools for managing retirement assets.
New York City, New YorkHeadquarters
2012Year Founded
$147.3MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees
Benefits
Health Insurance
401(k) Company Match
Paid Parental Leave
Family Planning Benefits
Professional Development Budget
Hybrid Work Options
Unlimited Paid Time Off
Equity
Food Perks
Risks
Expansion into a large NYC office could lead to unsustainable operational costs.
Dependency on large clients like Stifel poses risks if partnerships underperform.
Rapid growth and funding may pressure Pontera into strategic missteps.
Differentiation
Pontera allows advisors to manage clients' held-away accounts, enhancing holistic wealth planning.
The platform boasts an average 3.3% annual return increase, net of fees, for clients.
Pontera integrates seamlessly with existing portfolio management tools, improving financial outcomes.
Upsides
Pontera's partnership with Stifel expands its reach to over 200,000 clients.
The $60 million funding round supports Pontera's growth and platform enhancements.
Pontera's expansion into a larger NYC office indicates strong business growth.
Funding
Total raised$147.32 M
Latest valuation$550.00 M
StageLATE_VC
LATE VC
11/30/2023$60
$550.00 MSERIES B
8/31/2015$3
$13.75 MSERIES A
7/31/2013$3
$15.00 M