# Capitalize

> Capitalize is a New York fintech that turns the dreaded 401(k) rollover into a few taps. It finds old retirement accounts people left behind at former jobs, matches them to a new IRA, and does the paperwork, phone calls and provider wrangling for free. Founded in 2020 by Gaurav Sharma and Christopher Phillips, it has raised about $33.5M and now moves several billion dollars a year, while quietly renting its rollover engine to banks and brokerages through an API.

- **Founded:** 2020
- **Headquarters:** New York, United States
- **Founders:** Gaurav Sharma (Co-Founder & CEO), Christopher Phillips (Co-Founder & CTO)
- **Team size:** ~61 employees
- **Products:** Free 401(k) Rollover, Capitalize Plus, Embedded Rollover API, Advisor Rollover Platform
- **Notable:** Named to TIME's 100 Best Inventions (2021), Forbes Fintech 50 in two consecutive years, including 2025, Fast Company Most Innovative Companies 2025 - ranked #3 in North America

## Products & services

- **Free 401(k) Rollover** — A three-step consumer tool that locates an old 401(k), matches the user to an IRA from partner providers, and handles the paperwork, phone calls and coordination to complete the rollover. Free to the user.
- **Capitalize Plus** — A paid upgrade that speeds up the process or lets users roll into an IRA outside Capitalize's partner network.
- **Embedded Rollover API** — A B2B product that lets banks, brokerages and advisors power digital rollovers natively inside their own platforms.
- **Advisor Rollover Platform** — An advisor-facing platform to help financial advisors capture held-away 401(k) assets for clients.

## Achievements

- Named to TIME's 100 Best Inventions (2021)
- Forbes Fintech 50 in two consecutive years, including 2025
- Fast Company Most Innovative Companies 2025 - ranked #3 in North America
- Trustpilot rating of 4.8/5 across ~2,400+ reviews
- Processing several billion dollars in rollover volume annually

## Latest updates

- **2024-08** — Raised $19M Series B led by RRE Ventures to accelerate adoption of digital rollovers.
- **2025-03** — Named #3 most innovative company in North America by Fast Company; announced partnership with Public.
- **2025-05** — Expanded partnership with SoFi to simplify 401(k) transfers via the Embedded Rollover API.
- **2025-09** — Published analysis finding forgotten 401(k)s hit a record $2.1 trillion across 31.9 million accounts.
- **2025-10** — Announced partnerships with Firstrade and TIAA Wealth Management.
- **2026-01** — Introduced an advisor-facing rollover platform to capture held-away 401(k) assets.

## Links

- Website: https://www.hicapitalize.com
- LinkedIn: http://www.linkedin.com/company/capitalize
- Twitter/X: https://x.com/hicapitalize
- Instagram: https://www.instagram.com/hicapitalize/
- Facebook: https://www.facebook.com/CapitalizeMoney/

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Profile page: https://yespress.io/capitalize
Published by YesPress — https://yespress.io
Last updated: 2026-08-19