Stax.ai Raises Funding to $11.65M, Marking New Era for Retirement TPA Industry [Yahoo! Finance]
Lincoln National Corporation (LNC)
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Source: Yahoo! Finance
SCOTTSDALE, Ariz., November 21, 2024 BUSINESS WIRE Stax.ai , a revolutionary solution that empowers retirement third-party administrators (TPAs) to streamline their operations and create efficiencies previously deemed impossible, today announces $7M in new funding led by Neotribe. Building on its 2023 seed round led by AZ-VC, the fast-growing startup has raised $11.65M to date and will continue its momentum by investing in its next phase of customer growth and product development, while also continuing to build its leadership team. "Stax.ai is redefining the future of retirement plan administration by addressing some of the industry's most pressing challenges with bold innovation and technology," says Nitin Chopra, Managing Director, Neotribe Ventures. "Their impact is already undeniable—streamlining workflows, driving efficiency, and enabling their customers to achieve measurably remarkable results. Neotribe is proud to lead this funding round, and I'm honored to join their board
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News
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LNC
Earnings
- 10/31/24 - Beat
LNC
Sec Filings
- 11/21/24 - Form 3
- 11/12/24 - Form SC
- 11/8/24 - Form 4
- LNC's page on the SEC website