General Atlantic Leads Round for Retirement Plan Firm Guideline
- Guideline is said to be valued at $1.15 billion in investment
- Startup to tap $200 million financing to build out new offices
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Guideline Inc., a provider of 401(k) plans for small and midsize businesses, has raised $200 million in a financing round led by General Atlantic.
The investment values the startup at $1.15 billion, according to a person familiar with the matter who asked not to be identified because it was private. Guideline was valued at $425 million after an $80 million funding round in July, according to data provider PitchBook.