Friday, March 2, 2018

Blueprint Income Gets Funding From Two SoCal Investors

Two, Southern California venture capital investors--Core Innovation Capital and Kairos Ventures--have backed a new, fintech startup focused on providing steady retirement income. New York-based Blueprint Income said Thursday that it raised $2.75M in a seed investment, which was led by Green Visor Capital and NextView Ventures, and also included Core Innovation Capital, Kairos, and angel investor Jean Chatzky. Blueprint Income develops a product it calls the "personal pension", which is purchased over time in an installment plan, and does not require an employer to sponsor the plan. That product is an alternative to more traditional annuities, and according to the company is aimed at giving consumers an alternative to 401(k) plans. More information »