Newcleus

Newtown Square, United States Founded: 2018 • Age: 8 yrs Acquired By Waterfall
Non-qualified compensation and benefit solutions are provided to companies.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Newcleus

Newcleus is a company based in Newtown Square (United States) founded in 2018 by Bennett Meyer was acquired by Waterfall in August 2021. Newcleus offers products and services including BOLI, COLI, and Non-Qualified Deferred Compensation. Newcleus operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

  • Headquarter Newtown Square, United States
  • Founders Bennett Meyer
  • Sectors
    Technology
  • Email
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Latest Funding Round
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  • Investors
  • Employee Count
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  • Acquired by
    Waterfall

    (Aug 03, 2021)

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Products & Services of Newcleus

Newcleus offers a comprehensive portfolio of products and services, including BOLI, COLI, and Non-Qualified Deferred Compensation.

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Primary

Enhances benefits and non-interest income for banks with tax advantages.

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Strengthens corporate financial position through revenue generation.

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Offers tax-efficient savings for key employees to improve retention.

Funding Insights of Newcleus

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Detailed funding history for Newcleus

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Investors in Newcleus

Newcleus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Waterfall Asset Management.

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Institutional
Investor Description Founded Year Domain Location
Waterfall Asset Management is focused on asset-backed finance solutions.
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Investor details for Newcleus

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Investments & Acquisitions by Newcleus

Investments
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Investment portfolio details for Newcleus

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  • Transaction dates
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Financial Statements - Newcleus

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Detailed financials for Newcleus

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Newcleus Comparisons

Newcleus Primary company
Description
Non-qualified compensation and benefit solutions are provide...
Location
Newtown Square, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Newcleus

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Competitors of Newcleus

Newcleus 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 Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are delivered for investment advisors.
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Portfolio management software for financial advisors
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Investment management software is provided for advisors and institutions.
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Wealth and investment management solutions are offered to institutional investors.
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Cloud-based solutions for financial institutions are provided by Avaloq.
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Asset and wealth management software is provided for businesses.
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Detailed competitors of Newcleus

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Latest news on Newcleus

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Complete news archive for Newcleus

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Frequently Asked Questions about Newcleus

Newcleus was founded in 2018.

Newcleus is headquartered in Newtown Square, United States. It is registered at Newtown Square, Pennsylvania, United States.

Daniel Barbaree is the current CEO of Newcleus.

Provider of non-qualified compensation and benefit solutions. It offers investment strategies to enhance portfolio performance, talent optimization, and cost savings for companies. Services include administration of various plans such as Bank-Owned Life Insurance (BOLI), Corporate-Owned Life Insurance (COLI), Non-Qualified Deferred Compensation, Insurance Company-Owned Life Insurance (ICOLI), 401(k) plans, and Supplemental Executive Retirement Plans (SERPs). A proprietary client portal streamlines plan management, report access, and result tracking, offering features such as dual-factor authentication and encrypted credentials. The firm also provides technical support and ongoing system maintenance. These solutions aim to maximize returns, minimize costs, and strengthen talent acquisition and retention for clients.

Newcleus's top competitors include Addepar, Altruist and sei.

Newcleus offers BOLI, COLI, and Non-Qualified Deferred Compensation.

Newcleus has 1 investor. Key investors include Waterfall Asset Management.

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