This startup just raised $12 million from top VCs to offer financial planning as an employee perkCompanies increasingly recognize that one of the greatest stresses for their employees is financial wellness.

But providing financial education to a workforce, which has become increasingly common, is largely useless as most employees will tell you.

It’s also a missed opportunity, according to a growing number of founders who are working to convince employers to move beyond education and instead offering automated financial planning (with a dash of human involvement) as an employee perk.

All are paying $6 per employee per month because it doesn’t matter how much employees are making, says Watson.

For example, another startup that’s also developing financial planning services as an employee perk is Northstar, founded by Red Swan Ventures investor Will Peng. | To read full story, visit https://startuparound.com/read/1591921811.3028872/This-startup-just-raised-$12-million-from-top-VCs-to-offer-financial-planning-as-an-employee-perk-–-TechCrunch?ref=audio_experience