Morgan Stanley Tactical Value to Invest Up to $50 Million in Human Interest
SAN FRANCISCO, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Human Interest, Retirement Industry Disruptor™ and the fastest growing 401(k) provider,1 has announced an investment of up to $50 million by investment funds managed by Morgan Stanley Tactical Value. The investment, unannounced until now, was part of the previously announced Series E round. Morgan Stanley Tactical Value joins a select list of premier investors and strategic partners of Human Interest, including Marshall Wace, Baillie Gifford, and BlackRock, and brings Human Interest to more than $700 million2 in total primary and secondary financings.
"This investment will support expanded access to modern, automated retirement benefits for businesses of all sizes," said Jeff Schneble, CEO of Human Interest. "This funding helps us continue our journey to reinvent the 401(k) experience for employers, advisors, and workers across the country."
The investment is a testament to Human Interest's strong, sustainable growth trajectory as the company continues its path to public company readiness. Human Interest estimates that it added one in four of all new 401(k) plans in the U.S. last year,3 and the company experienced 71% year-over-year revenue growth in 2024. Human Interest's customers have represented nearly three million employees4 over the last 10 years.
The firm is also growing business with advisors through its integrated platform, PartnerConnect™. In just three months, the platform has already enabled nearly 1,000 customers with over 400 advisors from over 140 firms to more efficiently sell, onboard, and manage 401(k) plans and investments, all in one streamlined dashboard.
David Zhong, Executive Director, Morgan Stanley Tactical Value, said, "Human Interest is disrupting the retirement industry through their continued modernization of outdated legacy systems and processes. They are saving countless hours and millions of dollars for businesses, financial advisors, and retirement savers."
By increasing access to high-quality retirement plans, transforming customer experience, and delivering value for advisors, savers, and business owners, Human Interest is creating a path to a secure financial future for people in all lines of work through notable industry-leading innovations:
In April 2025, Human Interest launched
