Penelope: A reliable self-service retirement savings platform for small and micro businesses.
Location
New York City, NY, US
Founded
2021
Penelope focuses on providing retirement savings solutions for small and micro businesses. The firm's primary offering is a self-service retirement platform designed to simplify access to retirement assets for employees of smaller companies. Penelope's investment approach centers on making wealth-building for retirement easy and accessible to a broader range of individuals.
The company's platform streamlines the process of setting up and managing retirement savings plans, catering to the needs of small businesses, advisors, and third-party administrators. Penelope's unique value proposition lies in its user-friendly, ground-up approach to retirement planning, aiming to democratize access to financial security for hardworking individuals across various industries.
Penelope - Classification
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities