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Vol. II — No. 184Remarkable People · Exceptional CompaniesToday's Edition

college-savings

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Company
The $160 Billion Middleman That Made Outsourcing Its Edge
Fintech · Consumer · Enterprise

The $160 Billion Middleman That Made Outsourcing Its Edge

Hartford Funds built a large investment business by deciding it did not need to do every job itself. Now Wellington Management plans to buy the platform it has helped power for four decades.

asset-management · mutual-fundsRead →
Company
Backer
Fintech · Education · Consumer

Backer

Backer is a San Francisco fintech company that makes it easy for families to open and grow tax-advantaged 529 college savings accounts, letting relatives and friends chip in through shareable gifting pages. Founded in 2016 as CollegeBacker, the company acquired the education-savings resource Saving For College in December 2023 alongside a $9.5M Series A round, pairing its consumer savings app with one of the web's most-used 529 research destinations.

529-plans · college-savingsRead →