Aboon Raises $17.5M to Streamline 401(k) Plans
Summary
Aboon raised $17.5 million in seed funding led by Bain Capital Ventures. The company builds an AI-powered platform that helps advisors create and manage 401(k) plans for business clients. Aboon plans to use the money to expand automation, add integrations with advisory firms, and support more retirement products. The company also aims to cut plan setup time from weeks to a single day while improving onboarding and compliance support.
Funding
Amount
$17.5M
Total raised
Date
October 16, 2025
Announcement date
Investors
Empower, Capital Group, Bain Capital Ventures, Betterment
Lead investors
Company
aboon.com
Funded company
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