Thursday, July 21, 2016 5:02:00 AM PDT | VentureDeal
Burlingame, California -- Financial technology company Guideline has raised $7 million in its first round of institutional venture capital financing.
Guideline has created a 401(k) retirement plan for businesses that is easy for employers to set up and employees to join. Propel Venture Partners led the round, which included other undisclosed investors. The company said it would use the proceeds to scale its platform, partnership initiatives and add staff members. CEO Kevin Busque founded the firm in May 2015.
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