The Legal & General and Link Group-backed pension platform operator secured the primary funding along with a $76m secondary investment.

Smart, a UK-based retirement savings platform backed by insurance and financial services firm Legal & General and pension scheme administrator Link Group, secured £110m ($153m) in series D funding yesterday.

Investment trust Chrysalis Investments led the round with a $104m contribution, and the company said the other participants will be disclosed in the next few weeks. The primary funding was disclosed alongside a $76m secondary transaction.

Founded in 2014 and also known as Smart Pension, Smart provides workplace retirement and…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn