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Nestimate makes it easy to implement retirement income solutions in your defined contribution plan. Their software platform empowers fiduciaries to select and monitor guaranteed income.
Nestimate has raised $3.0M across 1 funding round.
Nestimate has raised $3.0M in total across 1 funding round.
Nestimate has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in August 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2025 | $3M Seed | — | Ironspring Ventures, S3 Ventures | Announced |
Nestimate has raised $3.0M in total across 1 funding round.
Nestimate's investors include Ironspring Ventures, S3 Ventures.
Nestimate is a Lincoln, Nebraska-based fintech and insurtech startup founded in 2022 that builds a B2B software-as-a-service (SaaS) analytics platform to equip 401(k) plans, financial advisors, asset managers, insurers, plan fiduciaries, consultants, sponsors, and recordkeepers with tools for evaluating and implementing retirement income solutions, particularly annuities.[1][2][3][4][5] The platform solves the challenge of longevity risk—Americans' top fear of outliving savings—by aggregating data, performing due diligence, modeling strategies, and guiding users through annuity selection at scale, much like tax software, to transition 401(k)s from savings to true retirement income plans amid the decline of traditional pensions.[2][3][4] In September 2025, Nestimate raised a $3 million seed round led by S3 Ventures, with participation from PruVen Capital, TIAA Ventures, and Invest Nebraska, signaling strong market validation and product-market fit with early clients among large financial institutions.[1][4]
The company demonstrates growth momentum through accelerator participation (e.g., 2022 OnRamp Insurance Accelerator via gener8tor), Nebraska ecosystem support like the Innovation Fund Prototype Grant, and planned 2025 expansions including a "retirement income score" tool for rapid actuarial analysis of plan benefits.[1][3]
Nestimate was founded in 2022 by CEO Kelby Meyers, a University of Nebraska-Lincoln graduate and Nebraska resident with a decade of experience in financial services, specializing in insurance and annuity products.[1][2][3] Motivated by his belief that most Americans fail to account for longevity risks in retirement, Meyers initially launched the company as a direct-to-consumer (DTC) annuity firm during the robo-advice and DTC insurance wave.[2] A pivotal shift occurred with the SECURE Act's legislative tailwinds, which created demand for tools to integrate annuities into defined contribution (DC) plans like 401(k)s; Nestimate pivoted to a B2B SaaS model as the "missing piece" for this market.[1][2][5]
Early traction came from Meyers' involvement in the 2022 OnRamp Insurance Accelerator, providing industry conference access, alongside Nebraska resources like guidance from local founders and the Nebraska Innovation Fund Prototype Grant.[1] This support, combined with attracting out-of-state VCs like S3 Ventures (its first Nebraska investment), marked key milestones leading to the 2025 seed round.[1]
Nestimate stands out in the retirement planning space through these key strengths:
Nestimate rides the massive trend of modernizing 401(k) plans into comprehensive retirement vehicles, fueled by SECURE Act reforms and the $8 trillion AgeTech economy, as traditional pensions fade and longevity risks loom for a pension-less retiree generation.[2][3][4] Timing is ideal amid industry shifts toward in-plan annuities and guaranteed income, where fiduciaries need tools to navigate complexity amid regulatory tailwinds.[1][2][4] Favorable market forces include rising demand from advisors seeking differentiation, inertia-breaking tech for DC plans, and investor recognition from firms like TIAA Ventures, positioning Nestimate to democratize lifetime income access.[1][3][4] By enabling scalable adoption, it influences the ecosystem, supporting advisors, insurers, and plans in addressing Americans' top retirement fear while bridging fintech with insurtech.[3][4]
Nestimate is primed to scale with its $3M seed fueling product ramps like the retirement income score, enhanced support, and new frontiers in retirement analytics, targeting broader 401(k) adoption of annuities.[3][4] Trends like ongoing SECURE Act evolutions, AgeTech growth, and fiduciary demands for precise tools will propel it, potentially expanding to more DC plan integrations and insurer partnerships.[2][3] Its influence may evolve from niche enabler to industry standard-setter, securing retirees' futures as the pensionless workforce retires—validating its mission from seed-stage validation onward.[1][4]
