Seed25 July 2024

Jarvis secures £1.8m in seed funding co-led by Ascension and Cornerstone to drive product growth.

The seed round was co-led by Ascension and Cornerstone to fund product development and company expansion.

£1.8MSeed

Jarvis provides a lifetime pension and mobile application designed to help workers manage retirement goals and plan finances. The platform offers workplace pensions and integrations for payroll systems.

London based pension fintech Jarvis has secured £1.8m in seed funding in a round co-led by Ascension and Cornerstone, with participation from Tokio Marine Future Fund. The capital will support the company as it scales operations and develops new product integrations within the broader financial services ecosystem. The raise comes as shifting employment patterns increase the demand for flexible retirement planning tools.

Founded by Royden Greaves, the company provides a lifetime pension product alongside an application that gives users real-time insights into their retirement trajectory. It also supplies employers with automated workplace pension tools and API integrations for payroll reconciliation. The fresh backing will allow the team to expand its reach and continue refining its financial wellness platform.

From the founder

"Over my 15 years in the wealth management space, I’ve seen the stark contrast between those who can afford continuous financial advice and the majority who cannot. This inspired me to create a solution accessible to everyone, regardless of their financial status. Jarvis is designed to provide clarity and empower individuals to enjoy their lives now while planning effectively for the future. Traditional advice often centres on saving for a rainy day, but we understand that people want to live fulfilling lives today. Our platform helps users balance current enjoyment with future security. This investment will support our continued growth as we integrate with the broader ecosystem."

Royden Greaves

CEO and Founder at Jarvis

Investor perspective

"Jarvis is filling a crucial gap in the market by offering vital retirement planning tools tailored for today’s workforce. We are thrilled to support Royden and the team as they continue to innovate and expand their offerings to cater to the needs of modern employees. We believe Jarvis has the potential to revolutionise the pensions industry and set a new standard for retirement planning."

Emma Steele

Partner, Ascension