Plootus

personal finanace managementwealthtech-retailpersonal finance management

FOUNDING YEAR:
LOCATION:
Last Update: 08/09/2020

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About

We are Robo-Advisors for the 401k market (Defined contribution plan). Millennials and Gen-Xers prefer to do things on mobile instead of having one-on-one meetings with financial advisors. They want to take the path of least resistance and prefer quick and easy solutions without the financial jargons. Our mobile app, Plootus consolidates the information across financial institutions by linking accounts in a secure environment. Our algorithm (patent pending) first estimates the retirement needs and then suggests appropriate contribution amount & investment strategy from user 401k account.

MEDICI Analysis

Plootus is an personal finance management tool that enables users to plan for their retirement. It helps them to calculate the fund required to meet their future expenses after retirement. It offers a complete financial profile (Assets, Liabilities, Net Worth) with drill down capabilities.

Focus

PRODUCTS & SERVICES

The personal finance management platform personalized investment solutions and recommends best performing funds from 401k, 403b, 457 and TSP plans that are aligned with their needs. It leverages artificial intelligence to offer customized solutions to users about their financial needs.

People

FOUNDERS

Sunil Gangwani

NUMBER OF EMPLOYEES

1-10

company provided insights

Momentum

FUNDED

NO

LISTED

NO

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Plootus

About

We are Robo-Advisors for the 401k market (Defined contribution plan). Millennials and Gen-Xers prefer to do things on mobile instead of having one-on-one meetings with financial advisors. They want to take the path of least resistance and prefer quick and easy solutions without the financial jargons. Our mobile app, Plootus consolidates the information across financial institutions by linking accounts in a secure environment. Our algorithm (patent pending) first estimates the retirement needs and then suggests appropriate contribution amount & investment strategy from user 401k account.

Focus

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO