Tech Company Financing Transactions
Scalable Capital Funding Round
Scalable Capital secured a $65 million investment round on 12/7/2023. Investors included BlackRock, HV Capital and Tencent.
Transaction Overview
Company Name
Announced On
12/7/2023
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Undisclosed
Proceeds Purpose
It will be using the funds to build out its business in the six countries -- Germany, Austria, Italy, France, Spain and Netherlands -- where it is already active and to expand into more.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Seitzstraße 8e
Munich, 80538
Germany
Munich, 80538
Germany
Phone
Undisclosed
Website
Email Address
Overview
Operator of a wealth management platform designed to simplify investment decisions. The company's platform leverages a proprietary risk management technology to automatically allocate portfolios based on a quantitative measure of risk attitude and offers on-demand financial advice, enabling users to invest in capital markets with smoother investment performances and better risk-adjusted returns.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Erik Podzuweit
Co-Founder
Florian Prucker
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