Capitalize, a New York City-based company specializing in the digital transfer of retirement assets, has raised $19 million in a Series B funding round. The investment was led by RRE Ventures, with participation from existing investors Canapi Ventures and Bling Capital, along with new investor Industry Ventures.

The funding will be used to accelerate the development of Capitalize’s core rollover platform, which helps consumers and financial institutions locate and transfer retirement assets such as 401(k)s. The platform, designed to streamline the rollover process, is available directly to consumers and through partnerships with financial institutions, enabling seamless, native rollovers for users.

Led by CEO Gaurav Sharma, Capitalize aims to expand its services by adding new features and transfer types to better serve both partners and consumers.