Pontera raises $60 million

Fintech startup Pontera has raised $60 million in a funding round led by ICONIQ Growth, with additional participation from Blumberg Capital, Collaborative Fund, Hanaco Ventures, Lightspeed Venture Partners, and The Founders Kitchen, bringing its total funding to date to $160 million.

Founded in 2012, Pontera provides the infrastructure to manage 401(k)s, 403(b)s and other plan accounts, giving advisors the ability to analyze, rebalance and monitor accounts across hundreds of financial institutions in a single, unified view.

The startup claims that thousands of financial advisors are now leveraging its platform.