Carry is an investment platform that consolidates tax‑advantaged retirement accounts, taxable brokerage accounts, and cash‑management tools into a single dashboard. It automates complex strategies such as backdoor Roth and Mega Backdoor Roth conversions, offers robo‑advisor and Smart Yield products, and provides access to stocks, ETFs, mutual funds, alternatives, and crypto, enabling users to invest and optimize after‑tax returns with minimal effort.
Funding
$14.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investors and self‑employed individuals often struggle to combine tax‑efficient retirement accounts, diversified investment options, and automated cash management within a single platform. Managing multiple accounts, executing complex strategies like backdoor Roths or Mega Backdoor conversions, and keeping idle cash productive typically requires navigating disparate providers, paperwork, and high fees.
Solution
Carry offers an integrated investment platform that consolidates tax‑advantaged retirement accounts (Solo 401k, Traditional and Roth IRAs), taxable brokerage accounts, and automated cash‑management products. The platform automates advanced tax strategies—including backdoor Roth, Mega Backdoor Roth, and regular Roth conversions—through a few clicks, reducing paperwork and compliance risk. Users can invest in stocks, ETFs, mutual funds, alternative assets, and crypto (via IRA or Solo 401k) while optionally delegating portfolio construction to a robo‑advisor or the Smart Yield cash‑optimization engine. Recurring contributions and automatic rebalancing enable a set‑and‑forget approach, and all accounts are managed through a single dashboard with transparent fee structures.
Target Audience
Primary customers are self‑employed professionals, high‑income earners, and individual investors seeking tax‑optimized retirement solutions and a unified platform for both retirement and taxable investing.
Features
- Automated setup and management of Solo 401k, Traditional IRA, and Roth IRA accounts, including penalty‑free loan options for Solo 401k
- One‑click execution of backdoor Roth, Mega Backdoor Roth, and standard Roth conversions with built‑in tax impact calculations
- Smart Yield cash‑management product that continuously allocates cash to tax‑efficient money‑market funds, targeting the highest after‑tax yield
- Robo‑advisor service that creates diversified portfolios based on risk tolerance, with daily rebalancing and commission‑free trading
- Access to a broad investment universe: equities, ETFs, mutual funds, crypto (via IRA/Solo 401k), and alternative assets such as real estate and private equity
- Integrated recurring deposit and investment scheduling for dollar‑cost averaging across all account types
- Seamless rollover tools for transferring existing 401(k), IRA, or brokerage assets into Carry without forced liquidation