Investment Tech Platform WealthDesk Raises Funding

Investment Tech Platform WealthDesk Raises Pre Series A Funding From Angel Investors

SUMMARY

The company plans on using the funds to hire talent, invest in R&D and further build out the technology to expand business

WealthDesk enables portfolio-based investing on top of equities and ETFs, consolidating research, advisory, broking, asset and wealth management ecosystem

The investment tech market is projected to reach a market cap of $14.5 Bn by 2025

Investment tech platform, WealthDesk has raised funding former Blackstone partner and co-head (India), Mathew Cyriac, in his personal capacity. With this final tranche, WealthDesk has closed its Pre Series A round at $3.2 Mn. Earlier this year, WealthDesk had raised the first tranche of their Pre-Series A funding from individual investors including senior leaders from global banks, market participants and other top corporates.

The platform enables portfolio-based investing on top of equities and ETFs, consolidating research, advisory, broking, asset and wealth management ecosystem. It helps retail investors understand where and how to invest smartly and avoid mis-selling and wrong choices.