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Penelope
Penelope
penelope.co

Locations

New York, NY, USA

industry

Community and Lifestyle · Finance

Size

11-50 employees

Stage

Pre Seed

founded in

2021

Penelope is a retirement platform designed to provide small businesses with simple and affordable employer-sponsored retirement plans. The company differentiates itself by streamlining the process of offering 401(k) plans, making them easy to implement and manage, while utilizing a modern tech stack. Founded by Jean Smart, a former Wall Street executive, Penelope aims to address the retirement crisis faced by millions of Americans without access to company-sponsored plans. With a focus on small businesses, Penelope advocates for their needs in an industry that often caters to larger corporations, positioning itself as a leader in affordable retirement solutions.

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