Goldman Sachs Asset Management led a $70m Series D round in Xempus.

Goldman Sachs Asset Management, a global growth equity investor in B2B SaaS businesses with particular strength in Insurtech, led a $70m Series D round in Xempus, a European SaaS platform to sell and manage pension & life insurance policies, with participation from HPE Growth and Cinco Capital. "We see a tremendous opportunity to further digitize the pension & life insurance market. The global retirement funding gap is estimated to reach $400tn by 2050. Platforms such as Xempus will play a critical role in reducing this gap by increasing consumer understanding, choice and transparency," Christian Resch, Goldman Sachs Asset Management Managing Director.