Human Interest: Making 401(k)s Easier for Small Businesses
Human Interest is a technology-first retirement benefits provider focused on making 401(k) and 403(b) plans easier and more affordable for small and mid-sized businesses. Its platform automates plan setup, payroll contributions, administration, compliance and investment management.
Visit humaninterest.com ↗Basic Information
| Field | Detail |
|---|---|
Company Name | Human Interest |
Category | Fintech / HRTech |
Subcategory | Retirement Plans, 401(k) & Financial Infrastructure |
Founded | 2015 |
Headquarters | San Francisco, California |
Stage | Late Stage / Private |
Latest Funding | $100M+ growth financing · October 2025 |
Latest Reported Valuation | $3 billion · October 2025 |
CEO | Jeff Schneble |
YC Batch | Summer 2015 |
Customers | 47,000+ active employer plans |
Website | humaninterest.com ↗ |
What Human Interest Does
Human Interest provides full-service 401(k) and 403(b) plans for businesses. The platform automates payroll deductions, employee onboarding, compliance testing, recordkeeping, investment administration and participant transactions.
Key Capabilities
- Automated 401(k) and 403(b) plan administration
- Payroll integrations with 600+ providers
- Automated compliance testing and IRS calculations
- Investment management and diversified default portfolios
- Employee loans and distribution administration
- AI-powered predictive compliance monitoring
Why It Matters
Small businesses have historically faced higher friction and administrative complexity when offering retirement benefits. Human Interest is building a technology-first infrastructure layer intended to make workplace retirement plans accessible to employers from one employee to 1,000+ employees.
Human Interest at Scale
47K+
Active Employers
Human Interest currently reports more than 47,000 businesses with active retirement plans on its platform.
600+
Payroll Integrations
The platform integrates with more than 600 payroll providers, allowing employee data and contributions to sync automatically.
1 in 3
New 401(k) Plans
Human Interest says its internal analysis indicates that one in three first-time 401(k) plans in the U.S. start with the company.
Enterprise Momentum
AI-Powered Compliance
In August 2026, Human Interest launched Predictive Compliance Monitoring as part of a new Compliance Guarantee, using AI to identify potential 401(k) compliance issues before they become surprises for employers.
UBS Distribution
UBS made Human Interest available to more than 5,000 UBS Financial Advisors, expanding access to its technology-first retirement plan recordkeeping platform.
Embedded Retirement
Human Interest also offers a white-label retirement platform for financial institutions and other partners, extending its retirement infrastructure beyond direct employer sales.
Funding Journey
2015
Founded
Human Interest
Founded in San Francisco and later joined Y Combinator’s Summer 2015 batch
August 2021
Series D
$200M
Round valued the company at approximately $1 billion
July 2024
Series E
$267M
Valued the company at approximately $1.3 billion
October 2025
Growth Financing
$100M+
Reported at a $3 billion post-money valuation