Capitalize, a startup that wants to make it easy to roll over your 401(k), closes on $12.5M Series A

– Capitalize, a startup that wants to make it easy to roll over your 401(k), closes on $12.5M Series A.
– The round was led by Canapi Ventures and joined by existing backers including Bling Capital, Greycroft, RRE Ventures and Walkabout Ventures.
– The company aims to address this very problem with a platform that it claims makes it virtually painless to locate misplaced 401(k) accounts, select and open individual retirement accounts (IRAs) and consolidate retirement plans – for free.