Micruity
Company

Last deal

$3.7M
Local Amount - CAD 5.M

Amount

Venture - Series Unknown

Stage

25.06.2024

Date

6

all rounds

$8.8M

Total amount

General

About Company
Micruity powers institutional lifetime income products, making retirement income more accessible.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's advanced suite of APIs allows financial institutions to offer annuities to participants, creating a solution to secure retirement income and a pension look and feel. Micruity's platform supports the commoditization of the annuity by making annuity data accessible in holistic retirement planning platforms. The Micruity Advanced Routing System (MARS™) facilitates data collection and transfer between insurers, record keepers, asset managers, and plan sponsors on a simple and secure platform. With a single integration, Micruity connects plan members with annuity buying decisions, supports and simplifies plan administration, and scales guaranteed income products to transform retirement savings plans into retirement income.
Contacts