NEW YORK, NY, December 3, 2025 (EZ Newswire) -- Micruity, the infrastructure company powering retirement and lifetime income solutions across America’s workplace savings system, today announced it has raised a $20 million Series A investment round. The round was co-led by Rebalance Capital and Nationwide Ventures, with participation from TIAA Ventures, State Street Investment Management, J.P. Morgan Asset Management, Collab Capital, Reinsurance Group of America (RGA), and The Guardian Life Insurance Company of America (Guardian), and continued backing from Western & Southern Financial Group, Prudential Financial, Pacific Life, Allianz Life Insurance Company of North America, and SixThirty Ventures.

Americans are living longer, pensions have disappeared, social security faces long-term strain, so today, more than 100 million people now rely on 401(k)s for retirement income, but these tools are built for saving, not for turning savings into a paycheck. Most retirees end up with a lump sum and little support in making it last.

At the same time, asset managers and insurers have created strong lifetime-income solutions, yet delivering them at scale has come with challenges. In particular, the coordination required across data and operational workflows, the need for clear participant communications that introduce this new type of benefit, and the need for simplifying the value proposition for a broad group of future retirees. The importance of different parts of the value chain –– such as recordkeepers, asset managers, and insurers –– is similarly significant as each brings unique data requirements, system architectures, and operational processes that make seamless participant usability more difficult in an otherwise fragmented industry.