Tech Company Financing Transactions
SMArtX Advisory Solutions Funding Round
On 2/21/2020, SMArtX Advisory Solutions raised $4 million in financing from IA Capital Group, ManchesterStory Group and private investors.
Transaction Overview
Company Name
Announced On
2/21/2020
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
IA Capital Group (Lead Investor)
ManchesterStory Group (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand upon its tools for Registered Investment Advisors and Independent Broker/Dealers, to develop solutions for enterprise customers looking to provide their own proprietary managed accounts programs to financial advisors.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
105 S. Narcissus Ave. 701
Palm Beach, FL 33401
USA
Palm Beach, FL 33401
USA
Phone
Website
Email Address
Overview
SMArtX Advisory Solutions is the next evolution in managed accounts technology, catering to independent wealth advisors, broker/dealers, OCIOs, and RIA aggregators. The platform provides a single interface to access and manage traditional, alternative, and direct index investment strategies through a unified managed accounts ('UMA') structure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Evan Rapoport
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We do our best to document every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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