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Vestwell:

Workplace investing made easy

vestwell image

About Vestwell

Back in 2016, New York-based fintech Vestwell built out a pioneering API-based technology that streamlines workplace investing programs, such as 401(k) and 403(b) plans, to reduce administrative burden and associated costs.

4
years of active engagement to date
10
iTechArt team members
 
Partnership from Series A to Series C

Project description

Looking to scale its increasingly popular solution and eventually power 30 million companies nationwide, Vestwell enlisted iTechArt’s help to optimize its end-to-end product.

Our software experts first evaluated and refactored product code to increase agility, security, and speed across the entire development life cycle. Next, we engineered three advanced recordkeeping modules — for companies, employees, and Vestwell’s own operational team — as well as integrated the client’s existing infrastructure with third-party HR and payroll systems.

The broad project scope also involved adding state retirement plans and implementing integrations with the Voya and Franklin financial platforms. All this enabled Vestwell to further grow its relevance with end users, while driving loyalty and, ultimately, revenue.

Results

Having supported Vestwell since its Series A, we’ve had a front-row seat as the company has grown into the No. 1 digital recordkeeping provider in the US.

In 2020, Vestwell reached 200% overall growth, while in 2021, it raised a $70M Series C led by Wall Street giants like Wells Fargo, Goldman Sachs, and Morgan Stanley.

As Vestwell expands its offerings beyond workplace savings and retirement planning, we’ll be behind the scenes, making sure its software solutions keep pace with the market and customer demands.

vestwell mockup

Tools & technologies

01

Backend

  • Scala
  • Akka
  • Akka-Http
  • Akka-Streams
  • Cats
  • ScalaMock
  • ScalaTest
  • Python
  • PyTest
  • Node
  • Nest
  • Passport
02

Frontend

  • Typescript
  • Restify
  • Sequelize
  • React

Featured works

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