Financial Engines

Sunnyvale, United States Founded: 1996 • Age: 30 yrs Acquired By Hellman & Friedman
Employer-enabled financial planning platform
Annual revenue - Latest available
Total funding $85.0M 1 rounds
Employees 2401 Tracked headcount
Investors 13 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Financial Engines

Financial Engines is a company based in Sunnyvale (United States) founded in 1996 was acquired by Hellman & Friedman in April 2018. Financial Engines has raised $85 million across 1 funding round from investors including Goldman Sachs, Intel and Merrill Lynch. The company has 2,401 employees as of December 31, 2022. Financial Engines has completed 1 acquisition, including The Mutual Fund Store. Financial Engines offers products and services including Financial Planning, Investment Management, Retirement Planning, Tax Planning, and Estate Planning. Financial Engines operates in a competitive market with competitors including Human Interest, ForUsAll, OctaveWealth, MoneyIntel and Kepler Savings, among others.

  • Headquarter Sunnyvale, United States
  • Employees 2401 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Financial Engines, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $85 M (USD)

    in 1 rounds

  • Latest Funding Round
    $85 M (USD), Series E

    Dec 16, 1999

  • Investors
    Goldman Sachs

    & 12 more

  • Employee Count
    2401

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Hellman & Friedman

    (Apr 30, 2018)

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Products & Services of Financial Engines

Financial Engines offers a comprehensive portfolio of products and services, including Financial Planning, Investment Management, Retirement Planning, Tax Planning, and Estate Planning.

Product name locked
Category locked
Primary

Service for personalized financial strategy development

Product name locked
Category locked
Locked

Management of client portfolios for optimal returns

Product name locked
Category locked
Locked

Guidance on retirement savings and income strategies

Product name locked
Category locked
Locked

Advice on minimizing taxes and optimizing finances

Product name locked
Category locked
Locked

Assistance with asset distribution and legacy planning

People of Financial Engines

Headcount 500-1000
Employee Profiles 280
Employee Profiles
People
Christopher E. Ziola
Director Of Financial Planning
People
Joanne Prout Allen
Procurement Director, Strategic Sourcing
People
Jack London
Executive Director
People
Greg Corso
SVP Growth Marketing

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Funding Insights of Financial Engines

Financial Engines has successfully raised a total of $85M through 1 strategic funding round. The most recent funding activity was a Series E round of $85 million completed in December 1999. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Financial Engines

Financial Engines has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Intel and Merrill Lynch.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mid market focused private equity firm
Locked Locked Locked
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
Locked Locked Locked
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Investor details for Financial Engines

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Financial Engines

Financial Engines has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Mutual Fund Store.

Investments
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Investment portfolio details for Financial Engines

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Investment and wealth management services are provided to clients.
Locked Locked 1996 Locked
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Complete acquisition details for Financial Engines

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  • Domains and locations

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Financial Statements - Financial Engines

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Detailed financials for Financial Engines

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Financial Engines Comparisons

Financial Engines Primary company
Description
Employer-enabled financial planning platform
Location
Sunnyvale, United States
Founded Year
1996
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2,401
As of 2022
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Peer comparison for Financial Engines

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Competitors of Financial Engines

Financial Engines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Human Interest, ForUsAll, OctaveWealth, MoneyIntel and Kepler Savings, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Employer-enabled platform for retirement planning and compliance management.
Locked Locked Locked
Platform for managing 401(K) accounts
Locked Locked Locked
Robo advisory platform is utilized for employer-enabled retirement planning.
Locked Locked Locked
401(k) plan administration and fiduciary services are provided to businesses.
Locked Locked Locked
Kepler Savings is an online platform for employers to manage workplace retirement savings programs.
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Detailed competitors of Financial Engines

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  • Full company profiles
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  • Competitive positioning

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Latest news on Financial Engines

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Complete news archive for Financial Engines

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Financial Engines

Financial Engines was founded in 1996 and raised its 1st funding round 3 years after it was founded.

Financial Engines is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Financial Engines is a funded company, having raised a total of $85M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Financial Engines is 2,401.

Financial Engines was founded in 1996 and is headquartered in Sunnyvale, United States. Operations focus on the financial services sector, where an employer-enabled platform delivers investment and retirement planning to workers at major organizations. Customized guidance on saving, investing, and retirement income is extended. Online account management, investment options, and live assistance from advisors are made available to users.

Financial Engines's top competitors include Human Interest, ForUsAll and MoneyIntel.

Financial Engines offers Financial Planning, Investment Management, Retirement Planning, Tax Planning, and Estate Planning.

Financial Engines has made 1 acquisition, including The Mutual Fund Store.

Financial Engines has 13 investors. Key investors include Goldman Sachs, Intel, Merrill Lynch, Wells Fargo, and AIG.

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