Micruity, with the slogan "Building the financial infrastructure for a more secure retirement," is a Canadian startup founded in 2017. The company aims to revolutionize retirement savings planning and ensure a secure retirement for all. Micruity's Advanced Routing System (MARS™) serves as the backbone, facilitating seamless data exchange among insurers, record keepers, asset managers, and plan sponsors through a secure platform. The recent $5.10M Seed Round investment on 10th February 2022 from a notable group of investors including SixThirty, Alpine Meridian Ventures, Franklin Templeton, Great North Ventures, Pacific Life, Western & Southern Financial Group, Altari Ventures, and Allianz Life Insurance underscores the industry's confidence in Micruity's vision. The startup operates in the Financial Services, Fintech, Insurance, and Insurtech sectors. For more information, interested parties can reach out to the company at [email protected]. Micruity's commitment to transforming retirement savings plans into retirement income aligns with the growing importance of financial security in the aging population, making it an intriguing prospect for potential investors.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $5.00M | 5 | Western & Southern Financial Group | 25 Jun 2024 |
Seed Round | $5.10M | 8 | Western & Southern Financial Group, Allianz Life Insurance | 10 Feb 2022 |
Non Equity Assistance | Unknown | 1 | 17 Dec 2021 | |
Seed Round | Unknown | 1 | Gowri Narayanan | 01 Oct 2021 |
Seed Round | Unknown | 2 | 01 Jan 2019 |
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