London-based pension fintech startup Jarvis has successfully raised £1.8 million in seed funding. The funding round was co-led by Ascension VC and Cornerstone VC, with additional participation from Tokio Marine Future Fund.
Jarvis is an innovative auto-enrolment workplace pension provider that seamlessly integrates with payroll systems through an API, facilitating straightforward reconciliation of payroll data.
The platform features personal and workplace ‘jars,’ enabling users to manage their pensions and contributions in one place. Jarvis also offers an app that provides real-time insights into retirement goals, pension management, retirement budget planning, joint retirements, consolidation of old pensions, and investment risk profile adjustments.
The app further integrates broader financial data such as cost of living, tax rates, and inflation.
Royden Greaves, CEO and founder of Jarvis, commented: “Over my 15 years in the wealth management space, I’ve seen the stark contrast between those who can afford continuous financial advice and the majority who cannot. This inspired me to create a solution accessible to everyone, regardless of their financial status. Traditional advice often centres on saving for a rainy day, but we understand that people want to live fulfilling lives today.
Our platform helps users balance current enjoyment with future security. This investment will support our continued growth as we integrate with the broader ecosystem.